Knowing the disruptive nature of the trading space, the creation of Bitcoin added fuel to the fire in the industry. Ever since the evolution of Bitcoin, the number of players in the cryptocurrency industry has been increasing each year. One of the key players in the industry worthwhile reviewing is Bitcoin Lifestyle.
The platform’s profitability depends on volatility, regardless of the direction that market’s take. As a result, the traders make money through this platform from the fluctuating market prices. This trading platform uses machine learning and artificial intelligence to learn tradable insights from the Bitcoin market data.
What is Bitcoin Lifestyle?
Bitcoin Lifestyle is an auto trading software that has the potential to make massive profits from a deposit of as little as €250. We have reviewed this system and found it to be fully functional and free to use.
This trading platform claims to make up to €1,000 daily in profits by inspecting Bitcoin and other crypto prices. This trading platform is said to be one of the most profitable platforms in the market. However, people still seem to show hesitancy towards the platform as many people search if the platform is legit or not.
There are several testimonials from review sites that show at least 60% of Bitcoin Lifestyle users came across the trading system by chance and had no professional background in trading.
Each person who may be interested in trading cryptocurrency should note that with Bitcoin Lifestyle there is a high-risk–high-return trading approach. Meaning, there is a sizeable amount of risk in losing your investment. We recommend that you only trade with what you can afford to lose. Do not take your entire life savings to invest with.
How does Bitcoin Lifestyle work?
Bitcoin Lifestyle trading platform is based on an algorithm built on the strategies of some of the bespoke cryptocurrency traders in the world. Meaning, it is the mechanization of the trading techniques that have been proven to be profitable in the cryptocurrency sphere.
It associates itself with highly reputable trading brokers. One of the methods to determine whether a trading platform is legitimate or not is to review their partner brokers. A legitimate trading system will partner with reputable and regulated brokers. Furthermore, these brokers are responsible for facilitating transactions and accepting deposits.
Additionally, its profitability comes from the level of leverage that is offered by their partner brokers. Their partner brokers offer leverage of 1:1000. Hence, the trader should be very careful in dealing with high leverage, as it can lead to heavy losses.
Bitcoin Lifestyle: How to trade
Once the trader’s money is deposited in the platform, it goes through the partner brokers. Please note that only those firms who are registered as financial institutions are allowed to handle deposits. Due to the reason that it is a trading platform, it is not a financial institution. Consequently, it operates through well regulated and registered brokers.
The role of the partner brokers includes:
- Accepting deposits,
- Facilitating transactions, and
- Executing trades.
They have specialised technologies which make it possible to execute the trades generated by the trading platform instantly. A regulated broker is a guarantee that the trader’s deposit is safe, even if the brokers go bankrupt.
A trader should be cautious when dealing with automated trading platforms that offer high leverage. One should keep in mind that high leverage might lead to enormous profits, but it can also result in heavy losses. Furthermore, human traders experience losses due to the inability to control their emotions; as a result, inconvenient losses might incur.
To register an account, the trader needs to go to the homepage and fill their details in the given form. Once they on the form page, they need to register the following details:
- Full name,
- Email address, and
- Phone number.
In addition to these particulars, the Bitcoin Lifestyle platform will ask the trader to verify the email address given as well as the phone number by sending an SMS and a link through their email. The verification process is swift and secure, and the platform has taken the required measures to ensure user’s data safety. As per our review, their website has encryption and has a data protection policy in place. Additionally, this platform is GDPR compliant.
Depositing a minimum amount
The second step would be to deposit a minimum amount of €250 to start trading with Bitcoin Lifestyle. This deposit is the trading capital; not the cost of the trading platform. Bitcoin Lifestyle is a license-free automated trading platform, which makes money by charging a small amount as a commission on the profits made on this platform. Bitcoin Lifestyles partner brokers accept deposits through Visa, MasterCard, wire transfer, Neteller, Skrill, WebMoney, Bitcoin, and several others. Bitcoin Lifestyle does not charge money as deposit fees.
After registering an account on this platform and adding a minimum deposit of €250 , the next step would be to start live trading. The initial step to start live trading on this platform involves setting up risk management features and clicking the “live trading” button. Risk management features imply that the trader should define the amount of capital that they are willing to risk per trade.
The pros and cons of Bitcoin Lifestyle:
|Reportedly a consistent profitability||Automated trading comes with risks|
|Start trading with zero crypto trading skills||Some training is required to start|
|Withdraw your profits whenever you want||The platform is limited to a few top cryptocurrencies|
|Trade with guaranteed safety||Misleading information used by advertisers|
|Support integration: Get help whenever you need it|
After weighing the advantages and disadvantages, it is fair to say that when you go into this trading platform, you need to be prepared for all the potential limitations you may experience. However, if you go in with a strategy you will reap the rewards.
Trading tips for beginners
When using a trading technology program to trade cryptocurrencies, there are a handful of elements that you need to be aware of. It might feel as though you deposit funds and let the trading application do the rest, but our team of experts have come up with the following advice we deem as important to read before getting started:
Learn the tricks of the trade: Trading cryptocurrencies is a complicated process. As a result, it is important to understand the basics before diving into the industry. By learning about trading in general, you will be better equipped to set up the trading system to work most effectively.
Start with a demo account: Even though you can start live trading immediately upon setting up an account on the trading system, we strongly advise you to trade on the demo account first. This will help get you acquainted with the platform before risking any true capital.
Study the playing field: Before you trade, consider the following and reading market news to determine subtle insights, which are prone to high volatility. You also need to keep an eye on your trades to make sure that the trading software runs during these market events are taking advantage of the fluctuating markets.
Risk a little, don’t lose a lot: The trader should trade on the volatile markets with a minimal amount to really see the ins and outs of the markets, these markets offer the best trading opportunity to make money. Bitcoin Lifestyle is an auto trading system; the trader can set the trading parameters and proceed with their regular task even though they are not in front of the system.
The trader should start with a small amount as an investment scheme and monitor how the platform trades in different markets. Moreover, the trader should not invest their full amount in the trades. It is better to start with the minimum amount of investment and reinvest their profits to make more money.
Features: Bitcoin Lifestyle
- As per our Bitcoin Lifestyle review, being a trading platform, it claims that the traders do not need any strong trading skills to trade on this platform. Moreover, any user who is interested in investing in Bitcoin can create an account, deposit a minimum amount of funds into their account, and activate the auto-trading feature by setting the required parameters to start trading.
- The system works well for those who are not familiar with the technical knowledge of cryptocurrency, and it allows them to get involved in cryptocurrency trading. The crypto trading software can analyze massive amounts of data within seconds to make decisions accordingly. Bitcoin Lifestyle uses machine learning and artificial intelligence to work through massive data insights in an accurate, extremely fast method.
- The Bitcoin Lifestyle trading platform remarks that it exceeds the accuracy that is reported by the human traders who use trade strategies. This is because the system can analyze huge amounts of data and execute matching trades within a few microseconds. The Bitcoin Lifestyle systems response time is 0.01 seconds, which makes it the fastest trading software available at present.
- The platform boasts a win rate of 90%, which means it earns profit in every 9 out of 10 trades executed; when compared to the human trader, who is looking at an average win rate of 70%.
Bitcoin Lifestyle does not charge any license fee. As per our Bitcoin Lifestyle reviews, the platform makes money by charging a small amount as a commission on the profits generated through trades that occur on the platform. This implies that this platform’s owners can make money when traders make profitable trades. It is important to note that the minimum deposit of €250 is the trading capital and not the cost of the trading software. Currently, it is offered free for its users.
Bitcoin Lifestyle claims that it can generate several thousands of dollars as profit daily from the deposit of €250. It applies the world’s best trading techniques to scan the crypto markets, and it generates winning trades.
It offers its traders a live trading dashboard. The trader needs to register for an account on their website, add a minimum deposit, and click the live button to start trading. They have an option to change the risk settings, but it is better to leave the trade settings to default. We highly recommend that the user should study the dashboard very carefully to understand all the functions before proceeding with the trading.
Another important feature is that the platform offers dedicated customer service. The customer support team is highly knowledgeable and professional, which helps the traders to resolve the issues very quickly. To reach customer service, the traders can call or send an email. Also, it is possible to chat with customer support representatives instantly by using instant chat features.
Benefits of Bitcoin Lifestyle:
- The platform is designed for the traders to work with reputable trading brokers who are responsible for handling trading related transactions and deposits. The association of having a trustworthy trading platform combined with reputable regulated brokers makes sure the trader gets better trading performance with higher returns.
- It is an automated trading platform, and it can be used by anyone regardless if they know about the trading space or not. When the trader adds a minimum deposit and set the trading conditions, the live trading feature can be activated. This means the platform will start the trading activity and place the trades on behalf of the traders.
- Bitcoin Lifestyle reviews state that it has a success rate of 90%; few traders have reported on the official site that they have earned €1000 per day from a minimum initial deposit of €250.
- One of the major reasons why Bitcoin Lifestyle claims that it can generate high profits is its successful trading technologies. The platform is powered by the latest technologies like artificial intelligence, and machine learning that power the platform’s algorithms. These technologies make it possible for Bitcoin Lifestyle to trade and have a high success rate.
- Bitcoin Lifestyle platform does all the trading research and executes the trades on behalf of the traders. This implies that once the conditions are set, and the trader has activated the auto trade option, they can continue with their regular job and the system takes over. Besides, the trader needs to spend less than 20 minutes daily for account monitoring.
- Few people think that Bitcoin Lifestyle is a scam and not a legit platform for cryptocurrency trading. As per our review, this platform has taken all the necessary steps taken to ensure data safety. Moreover, this site has high-level standard encryption to make sure that no third party can copy the trader’s data.
- The platform has a foolproof password policy in place; at least 90% of the data breach begins with a weak password. Furthermore, this system complies with the UK General Data Protection Regulation (GDPR), and this law makes sure that the personal data of all the UK citizens are safe and secure.
Has Bitcoin Lifestyle Been Featured in the Media?
There have been rumors circulating online that suggests that Bitcoin Lifestyle has been featured on the media. We decided to investigate whether or not these rumors were true.
Has Bitcoin Lifestyle Been Featured on The Good Wife?
The Good Wife is an American Political Drama, starring Emmy Award winning Julianna Margulies as a wife and mother who must assume full responsibility for her family and re-enter the workforce after her husband’s very public affair and political corruption scandal lands him in jail. There have been rumors that suggest that Bitcoin Lifestyle has featured on an episode. We can confirm that these rumors are false, however, one of the episodes was named “Bitcoin for Dummies”. This is the only link between The Good Wife and Bitcoin.
Has Bitcoin Lifestyle Been Featured on The Simpsons?
The Simpsons is an award-winning America Sitcom created by Matt Groening for the FOX Broadcasting company. The series is entirely satirical, depicting a working class family. We have not found any evidence indicating that Bitcoin Lifestyle has been featured on The Simpsons, however, Bitcoin has been mentioned in one episode of the show.
Has Bitcoin Lifestyle Been Featured on Almost Human?
Almost Human is an America Science Fiction Drama that aired on the 17 of November 2013 to March 2014 on Fox. The series was created by J. H. Wyman for Frequency Films, Bad Robot Productions and Warner Bros. There have been rumors that Bitcoin Lifestyle has featured on Almost Human. However, we can confirm that these rumors are false. However, Bitcoin has been mentioned on a episode called Arrhythmia.
Has Bitcoin Lifestyle Been Endorsed By Celebrities?
Bitcoin Lifestyle is growing in popularity and so is the celebrity interest around it. There have been many reports online indicating that Bitcoin Lifestyle has been endorsed by celebrities. We decided to investigate whether these reports are true.
Has Lionel Messi endorsed Bitcoin Lifestyle?
Lionel Messi is an Argentine Professional Footballer. He plays as a forward captain for both La Liga Club Barcelona and the Argentina National Team. There have been reports that Messi has endorsed the Bitcoin Lifestyle Tool. We have not found any evidence to support these claims, however, Messi has mentioned that he is excited about blockchain.
Has Ashton Kutcher Endorsed Bitcoin?
Ashton Kutcher is a famous Hollywood actor. It has been reported that Ashton has vested interest in blockchain technology and cryptocurrency. Kutcher is a role model for many people around the world, and his involvement in cryptocurrency is a great thing for the industry. However, we cannot confirm that Ashton has endorsed Bitcoin Lifestyle or any other cryptocurrency related assets.
What is Bitcoin Lifestyle?
Bitcoin Lifestyle is a technology trading program on which users can make up to €1000 daily in profits by trading Bitcoin and other cryptocurrencies.
Is Bitcoin Lifestyle a scam or legit?
Bitcoin Lifestyle appears to be secure and highly reputable.
How much capital do I need to trade with Bitcoin Lifestyle?
You need a minimum deposit of €250 to trade with Bitcoin Lifestyle. We suggest you begin with this amount and reinvest any profits you might make.
Can I withdraw money from Bitcoin Lifestyle?
Bitcoin Lifestyle allows you to withdraw your profits whenever you feel necessary to do so. You will be required to fill a request form and wait for 24 hours.
Is Bitcoin Lifestyle safe and secure?
Yes, we have tested this trading system and confirmed that it is safe and reliable. As mentioned earlier, their site has adequate encryption and they have a robust policy in place to safeguard data.
Is there a Bitcoin Lifestyle App?
Currently, there is not a Bitcoin Lifestyle app for mobile, but the users who want to get started with systematized trading in this platform can operate it via the web browser, or mobile browser on their phones. The platform is 100% compatible with most devices.
Which broker can I use with Bitcoin Lifestyle?
According to its website, Bitcoin Lifestyle works with regulated and reliable cryptocurrency brokers that provide a user with a secure environment for online cryptocurrency trading. These may include well-recognized broker names like 24Option and UFX.
What cryptocurrencies are supported?
Bitcoin Lifestyle has an exceedingly small number of supported cryptocurrencies. Currently trading on the platform is limited to:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- EOS (EOS)
Final verdict: Is Bitcoin Lifestyle a scam or not?
Bitcoin Lifestyle is real according to client testimonials and our research. A background check on the information on their website further attests that they are trustworthy. Firstly, they are ready to disclose all the crucial information about their trading technologies. Secondly, they do not exaggerate their potential and always give a disclaimer about the risks of using the trading system.
Other fraudulent trading systems often use false testimonials to solicit deposits and mostly lie about their earning potential. We determine the legitimacy of testimonial profiles by conducting a reverse image search on the presented profiles. Also, worth noting, fraudulent technology trading systems are likely to keep the identity of their partner brokers hidden until you make a deposit. This is because they mostly partner with offshore scammers masquerading as brokers.
As mentioned above in this review, Bitcoin Lifestyle partner brokers appear regulated. Regulators require brokers to have a unique account for deposits and adhere to strict reporting guidelines. This eliminates the possibility of using client’s deposits for any other purpose other than the one intended.
Bitcoin Lifestyle’s cryptocurrency trading system is a useful tool for carrying out crypto trades, but users should be sure to have an understanding of what they are doing before using the trading system. There are reviews online proving that many people have made money using the technology trading system, but not typically in the large amounts claimed on the platform’s own testimonials.
The high amounts of leverage offered by Bitcoin Lifestyle can make the platform attractive to seasoned traders, but beginners should proceed with caution and do some research before using this feature. Cryptocurrency investments, especially leveraged trading, comes with its own set of risks and limitations. The key is to keep them micro and be careful while making any investment decision.
Bitcoin Lifestyle is a suitable tool for experts who can trade in a market that runs 24/7. By offering trading signals through constant monitoring of charts and data, it can enable a trader to make stronger trading strategies.
One drawback is that currently occurring is that you are only able to trade four cryptocurrencies on Bitcoin Lifestyle, meaning you don’t have too much flexibility for investing in multiple assets within your portfolio.
Latest Bitcoin Price Predictions
Chamath Palihapitiya- $1,000,000 (by 2037)
Chamath Palihapaitiya is the co-owner of the Golden State Warriors and the founder of Social Capital. It is reported that his bitcoin journey started with a bitcoin investment made back in 2012. In 2013, it is claimed that he included bitcoin into his hedge fund, general fund and private account. Palihapitiya has predicted that the Bitcoin Price will reach $100,000 in the next few years.
In reports, he has said:
“This thing has the potential to be comparable to the value of gold…This is a fantastic hedge and store of value against autocratic regimes and banking infrastructure that we know is corrosive to how the world needs to work properly”.
Wences Casares- $1,000,000 (by 2027)
Wences Casares is the founder and CEO of Xapo, which is a Bitcoin Wallet startup. He is also reported to be a board member at Paypal, among other roles. Wences interest in bitcoin first started when high financial volatility hit his home country in, Peso, Argentina. Wences bought his first bitcoins in 2011. He has predicted that bitcoin will hit $1 million sometime before 2027.
John Pfeffer- $700,00 (no date provided)
John Pfeffer is a partner at London-based family office Pfeffer Capital. It has been reported that Pfeffer set a bold price target for bitcoin of $700,000. According to Pfeffer, bitcoin is the world’s first viable replacement for gold.
Jeremy Liew- $500,000 (by 2030)
Jeremy Liew is a partner at Lightspeed Venture Partners, which is renowned as the first investor in the social media app Snapchat. Liew has a long list of other investments including the multimedia company Beme, Varage Scale and Wallet Ledger. Currently, his net worth is estimated at approximately $2 billion.
It has been reported that Liew has said that the price of bitcoin can realistically reach $500,000 by 2030.
Mark Yusko-$400,00 (no date provided)
Mark Yusko is a billionaire investor and the founder of Morgan Creek Capital. It is has been reported that Yusko’s prediction for bitcoin is that it will be worth over $400,000 in the next few years. His statement has apparently made headlines for its grandiose scale. It has been reported that Yusko had the following to say about bitcoin:
“It’s just math. It is the gold equivalent…there are about 20 million Bitcoin available today. Gold today is about $8 trillion. That gives you $400,000. And that doesn’t include use cases that relate to currency,” Yusko said.
Roger Ver – $250,000 (no date)
Roger Ver is an early investor in Bitcoin and related blockchain startups. Born in the US and now with citizenship in Saint Kitts and Nevis, Ver started his business career with a computer parts business, MemoryDealers.com. By early 2011, Ver had begun investing in Bitcoin, now with a portfolio including startups like Bitinstant, Ripple, Blockchain, Bitpay, and Kraken.
In an interview with Jeff Berwick, for The Dollar Vigilante blog, Roger Ver said in October 2015 that Bitcoin “could very easily be worth $2,500, or $25,000 per Bitcoin, or even $250,000 per Bitcoin”. Ver’s estimate is based on the principles of supply and demand, which he believes creates great potential for Bitcoin as a store of value.
Anthony Pompliano – $100,000 (by 2021)
Anthony Pompliano is a well-known Bitcoin personality. He’s a founder and partner at Morgan Creek Digital, a crypto-friendly asset management firm for institutional investors. He has previously claimed that he holds more than 50% of his net worth in Bitcoin, showing his belief in the cryptocurrency.
Pompliano has predicted that Bitcoin will hit $100,000 by the end of December 2021. At the time of the prediction (February 2020), Bitcoin had just reached the $10,000 mark, meaning the currency would need a 1,000% increase — within just two years — to reach his target. His prediction would put the market cap of Bitcoin at more than $2 trillion.
Kay Van-Petersen – $100,000 (by 2027)
Kay Van-Petersen is an analyst at Saxo Bank, a Danish investment bank which specializes in online trading and investment. Based out of Singapore with an MSc in Applied Economics & Finance from Copenhagen Business School, Van-Petersen is an active Twitter user with no fear of speculating on tough topics like the prices of cryptocurrencies.
Van-Petersen believes that Bitcoin will rise to $100,000 per unit by 2027, according to a feature by CNBC news published in May 2017. As the man who successfully predicted Bitcoin’s flow up to $2,000 by 2017, Kay Van-Petersen’s most recent estimate, perhaps a little optimistic, suggests that Bitcoin would then account for 10% of the volume in the foreign exchange market.
Tom Lee – $91,000 (by 2020)
Tom Lee is Co-Founder of the market strategy firm Fundstrat Global Advisors, and a well-known bitcoin bull. Lee initially set a Bitcoin price target for $11,500 for mid-2018, and then increased it to $20,000 as the cryptocurrency’s intrinsic value increased. These targets were instead achieved by the end of 2017.
He recently upped his prediction again, stating that Bitcoin’s price will reach $91,000 by March 2020, on the basis of a chart that shows Bitcoin’s (BTC) performances after past market dips. Lee and Fundstrat used an average of the percentage gained in price after each dip to arrive at the 2020 figure.
Tai Lopez – $60,000 (mid-term)
Tai Lopez is a renowned investor and internet marketing expert, famed for a viral video he had filmed in his garage. He believes that if a small portion (1%) of the assets of millionaires globally is invested into Bitcoin in the upcoming months, the price of Bitcoin could justifiably grow to around $60,000.
Given that the adoption of Bitcoin as a store of value and a medium of exchange within the global finance market is increasing exponentially, $60,000 remains a viable mid-term price target even for conservative investors. Only time will tell when/if this prediction is reached, though.