What Is Bitcoin Lifestyle?
Bitcoin Lifestyle is a cryptocurrency trading program that makes you money by analyzing bitcoin prices. The profitability is dependent on the volatility irrespective of which direction the markets are headed. Thus, traders report making money through Bitcoin Lifestyle in both the rising and plunging markets.
Bitcoin is infamous for being highly unstable hence provides the best opportunities for fast-paced trading applications such as Bitcoin Lifestyle.
The Bitcoin Lifestyle trading application applies the techniques used by expert traders to derive insights from big data and place trades. All this occurs via the trading system meaning that the user does not need any expert level skills to use the trading system. Once you go through the setup process, the trading system does everything else for you.
There are several testimonials from review sites that show at least 60% of Bitcoin Lifestyle users came across the trading system by accident and had no professional background in trading.
It is important to note that Bitcoin Lifestyle is a high risk – high reward trading application. This means that while there is a good chance of making huge profits, there is also an equal chance of losing your investment. We recommend that you only trade with what you can afford to lose. Do not use your entire life savings to invest with.
Topics Covered on this Page:
- How Does Bitcoin Lifestyle Work?
- How to Trade With Bitcoin Lifestyle
- Pros and Cons of Bitcoin Lifestyle
- Trading tips for beginners
- Bitcoin Lifestyle Dashboard
- Bitcoin Lifestyle Trading Performance
- Benefits of Bitcoin Lifestyle
- Celebrities cryptocurrency quotes & cryptocurrency projects
- Our Conclusions
- Glossary of Cryptocurrency terms
How Does Bitcoin Lifestyle Work?
Bitcoin Lifestyle trading application is based on an algorithm built on the strategies of some of the best crypto traders in the world. Meaning, it is a mechanization of the trading techniques that have been proven to be profitable in the cryptocurrency sphere.
Some of the Bitcoin Lifestyle founders are reportedly well-learned traders and one of them is a notorious cryptocurrency millionaire. It is said that the notorious crypto millionaire is also a software engineer with several trading systems under his portfolio. Bitcoin Lifestyle is one of his most popular products.
Bitcoin Lifestyle operates in partnership with highly reputable trading system brokers. These brokers are accountable for receiving deposits and facilitating transactions. One way to determine the legitimacy of a trading system is to review its partner brokers. A legit trading system will continually partner with sound and adequately regulated brokers.
Moreover, Bitcoin Lifestyle reportedly provides high profitability which emanates from the level of leverage offered by its partner brokers. Some of its brokers offer leverage of up to 1:1000. This means that a €250 account can place trades worth up to €250,000. High leverage is a double-edged sword because just as much as it can produce high returns, it can also lead to high losses.
How to Trade With Bitcoin Lifestyle
As stated beforehand, you do not need any formal skill to trade with Bitcoin Lifestyle. The technology trading system runs on autopilot only requiring the user to set risk management tools and click live trading. This should not be a limitation given that the trading system provides an extensive guide to do this. Follow the steps below to open a trading account with Bitcoin Lifestyle.
Visit the Bitcoin Lifestyle homepage and fill your private details in the provided form. You will then need to register with the following information:
- Phone number
Bitcoin Lifestyle will then ask to verify your email and phone number by sending an SMS and a link in your email.
We find the verification process to be timeous and secure. Furthermore, Bitcoin Lifestyle appears to have taken all the necessary measures to ensure user data safety. Our review shows that their website has encryption and they have a data protection policy in place, and they are GDPR compliant.
You must deposit at least €250 to trade with Bitcoin Lifestyle. The deposit is your trading capital and not the cost of the app. Bitcoin Lifestyle is a license-free technology trading system that makes money by charging a bite-sized commission on profits made through it.
Bitcoin Lifestyle partner brokers accept deposits via Wire Transfer, Visa, Master Card, Neteller, WebMoney, and Skrill just to mention a few. Our live test shows that deposits take less than a minute to reflect in a trader’s account. Therefore, Bitcoin Lifestyle does not charge any deposit charges.
Live trading with Bitcoin Lifestyle involves setting up the risk management features and clicking the live button. Risk management is all about defining the amount of capital you are willing to risk per trade.
You need to train for at least 8 hours a day to attain maximum profitability with this trading application. Thus, ensure that you do not risk more than ten percent per trade. Remember that the more you risk per trade, the higher the likelihood of experiencing huge losses. Therefore, always be prepared for any outcome, good or bad.
Pros and Cons of Bitcoin Lifestyle:
|✔️ Reportedly a consistent profitability||❌ Automated trading comes with risks|
|✔️ Start trading with zero crypto trading skills||❌ Some training required|
|✔️ Withdraw your profits whenever you want||❌ Limited to a few top cryptocurrencies|
|✔️ Trade with guaranteed safety||❌ Misleading information used by advertisers|
|✔️ 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, but 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 is a handful that you need to be aware of. It may just feel like 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 about trading first. Trading cryptocurrencies is a complex process, and it is important to have a grasp of the basics before you get involved. By learning about trading in general you will be better able to set up the trading system to work most effectively.
Learn more about cryptocurrency. Having more knowledge of the actual asset you are trading is important when making any trade, especially when in such a wide-ranging environment as cryptocurrency.
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 you acquaint yourself with the platform before risking any of your capital.
Start small. The best strategy is to start with a small amount of money and grow your portfolio and profits over time. This will help you hone your trading skills and keep risk to a minimum.
Only invest what you can afford to lose. This is a central tenet of trading; it is always important to be financially responsible when investing in anything. Markets can be volatile, and losses can come as easy as profits, thus do not risk money you cannot live without.
Bitcoin Lifestyle Dashboard
Bitcoin Lifestyle provides a straightforward live trading dashboard. All you need to begin trading with this trading system is to hit the live button. You also have an opportunity to change the risk settings, but we recommend that you leave them at default.
It is important that you study the dashboard thoroughly and understand all the provided functions. Bitcoin Lifestyle does provide a manual to help you navigate through the platform.
Bitcoin Lifestyle Trading Performance
Bitcoin Lifestyle claims to generate thousands of dollars in profits per day from a deposit of below €500. This technology trading program applies the worlds’ best trading technologies to scan the crypto markets and generate winning trades.
The trading system has the potential to make ordinary people millionaires with a deposit as little as €250. The trading system allegedly makes an average profit of €150 per day which when compounded can grow a trading account to over €500k within a year.
Bitcoin Lifestyle profitability depends on several factors including the invested capital, the trading session and the level of risk applied.
Benefits of Bitcoin Lifestyle
Authenticity refers to a way of confirming your identity. In Bitcoin Lifestyle, the authenticity percentage reaches 88%, which is quite impressive. This percentage means that to verify your identity in the platform where you have invested your money, you need to go through extensive protocols. These protocols are so secure that the chance of unauthorized access ultimately decreases.
Ease of Use
AI and Machine learning algorithms are so smooth that it lessens the chances of complex functions that may lead to confusion. As soon as you invest the money, only thing you will need to start getting results is by taking the instructions prompted by the platform to start earning millions.
It is the most monotonous task to do when you are investing with Bitcoin Lifestyle. You need to fill a form and proceed ahead with submission. From the time of submission, they take 24 hours to show the amount to reflect in your account.
In order to maintain the hype in the market the trading system has to keep the percentage of accuracy as 96%. It is the most among all the trading platforms, and this keeps confidence that investment will result in high returns.
Celebrities crypto quotes and projects:
Cryptocurrencies are gaining mainstream attention, even celebrities are getting involved, here is a list of celebrities and famous people who are involved in cryptocurrency projects.
|Erick Schmidt (Google CEO)||“Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value.”|
|Bill Gates||“Bitcoin is a techno tour de force.”|
|Tyler Winklevoss (Co-inventor of Facebook)||“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”|
|Richard Branson||“Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution and Bitcoin is doing just the same when it comes to inventing a new currency.”||Richard Branson reportedly has $30 million invested in BitPay.|
|David Marcus (CEO of Paypal)||“I really like Bitcoin. I own Bitcoins. It’s a store of value, a distributed ledger. It’s a great place to put assets, especially in places like Argentina with 40 per cent inflation, where $1 today is worth 60 cents in a year, and a government’s currency does not hold value. It’s also a good investment vehicle if you have an appetite for risk. But it won’t be a currency until volatility slows down.”|
|Mel B||“I love how new technology makes our lives easier, and to me that’s exciting,” said the artist, on announcing that she’d be accepting crypto payments. “Bitcoin unites my fans around the world using one currency.”||announced that she was going to accept Bitcoin payments for her new single.|
|Mark Zuckerberg||“The technology powering bitcoin could help improve Facebook in the future.”|
|Elon Musk||“My opinion of bitcoin is that it’s probably a good thing. It is, I guess, primarily a means of doing illegal transactions but that’s not necessarily entirely bad because some things maybe shouldn’t be illegal. It will be useful for legal and illegal transactions.”|
|Kanye West||“That was the moment that I wanted to use Bitcoin, when I saw Harriet Tubman on a $20 bill,”|
|Ashton Kutcher||“I think bitcoins are obviously becoming more and more relevant,”||Ashton Kutcher has been an advocate for Bitcoin and he invested in a sports betting blockchain, Unikrn|
|William Shatner||Involved with Solar Alliance, a Vancouver-based company which operates a solar-powered bitcoin mining farm|
|Michelle Pan||“This is why bitcoin and crypto and decentralization is the next wave. It’s the most important evolution of the internet,”|
|Mike Tyson||“People don’t really understand a currency based on numerical equations. I personally still don’t … but I’m grateful to be a part of the revolution and hoping that my participation in this space will lead to more conversations and help increase knowledge and awareness,||Tyson launched his own line of bitcoin ATMs in Las Vegas in 2015.|
|Russel Okung||“Bitcoin feels like a renaissance, the great awakening or enlightenment, and that’s what we’re trying to capture,”|
|50 cent||Sold an album for the cryptocyrrency titled: holding it and forgetting about it|
|Nas (Nasir Jones)||“[Bitcoin] will evolve into an industry as big, if not bigger, than the internet. My man Ben Horowitz really opened my eyes to that point. This isn’t of the internet age, bitcoin is its own age,”|
|Gwyneth Paltrow||Joined the Bitcoin wallet startup Abra as an advisor during an episode of the Apple series, Planet of the Apps.|
|Snoop Dogg||“My next record available in bitcoin n delivered in a drone.”||In 2017, Snoop Dogg was presented with 1,500 SparkleCOINs from the company worth approximately $55,500 as a donation for his youth football program.|
|Floyd Mayweather Jr.||“Spending bitcoins ethereum and other types of cryptocurrency in Beverly Hill.”|
|Luis Suarez||“build the best prediction market in the world together.”|
|Donald Glover||“I know a lot of people are skeptical, but I feel like if everything’s going to live online, why not bitcoins? Being backed by gold seems very old and nostalgic to me. Being backed to a bitcoin, which takes time to actually make and there’s this equation that has to be done, that feels realer to me and makes more sense”.|
|Joe Rogan||” Quite honestly I’m absolutely fascinated by the idea, but I haven’t given it my full attention. I’ve sort of been sitting back watching it from a distance and waiting to see if it takes root. If it does, I honestly think it could really shake up the global economy.”|
|Mark Cuban||“It’s still very much a gamble. It could go to $15,000 or zero and maybe both on the same day.”|
|The Game||“The Game joined Paragon CEO Jessica Versteeg to encourage the use of cryptocurrency in the cannabis industry”.|
|Dennis Coles||“I personally think that anything that puts cryptocurrencies in front of the eyes of everyday people is a great thing for the markets overall,”||Dennis Coles, announced his investment in the cryptocurrency world as a co-founder of Cream Capital, a firm aiming to build a blockchain ATM network to facilitate the use of coins like Ethereum and bitcoin|
|Jamie Foxx||Jamie Foxx jumped on the cryptocurrency bandwagon when he began promoting the token sale of Cobinhood, a free cryptocurrency trading exchange|
|Akon||Bitcoin “is going to change the world from a money transactional standpoint not just for Africa, but for everywhere”,|
|Roseanne Barr||“let’s really understand #bitcoin it might be better than removing the federal reserve, and faster way 2 end satanic ritual rule”.|
|Richard Sherman||Richard Sherman announced on Facebook that his official online store would begin accepting bitcoin payments, calling it “the currency of the future.”|
|Chad ‘Ochocinco’ Johnson||“Discussing the concept of @Bitcoin with a friend. Can y’all show me how easy it is?”|
|Johnny Depp||In the fall of 2018, the actor became a partner with TaTaTu blockchain startup, which deals with film-making.|
|Drew Carey||Once tweeted; “Just tried to buy breakfast w bitcoins. Refused. #whenwilltheworldcatchuptomyhipness”|
|Al Gore||“I think the fact that within the bitcoin universe an algorithm replaces the functions of [the government] … is actually pretty cool. I am a big fan of Bitcoin.”|
|Luis Suarez||Luis Suarez now also wants to make money by predicting who wins a match. Uruguayan football star invited 25M of his followers on Instagram to join him in signing up to the Ethereum-based prediction market platform Stox and making their predictions for the US Open|
|Lothar Matthaus||“Looking forward to see the new Maradonas and Ronaldos! Glad to be an ambassador of Token Stars in Football”.||Lothar Matthaus joined as a Football Ambassador, because, as he stated, by decentralizing talent scouting TokenStars has a big potential to ensure that we’ll see the new maradonas and ronaldos in the nearest future.|
|Gianluca Zambrotta||He is focused on coaching the football club in China and in the crypto world as a TokenStars Football Ambassador.|
|Redfoo||He is a coder working on an Ethereum project! He is very into the blockchain and donated several personal items for TokenStars Crypto Christmas Charity Auction.|
|Roger Ver||Currently he is involved in numerous projects, such as Bitcoin Cash, bitcoin.com, Ripple, Bitpay, Kraken, Coinsetter. Roger donated his T-shirt to the Crypto Charity Auction of TokenStars.|
|Tommy Haas||Recently become a Tennis Ambassador for TokenStars.|
What is Bitcoin Lifestyle?
Bitcoin Lifestyle is a technology trading program that may make up to €1k daily in profits by betting on bitcoin and other cryptos prices.
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 all your profits.
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?
Yes, we have tested this trading system and found it to be 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 it.
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)
Can I trade assets with leverage?
Yes. Bitcoin Lifestyle offers leveraged trading of up to 1:1000. In other words, you can trade 1000 times more than the capital you invested. This is because the trading system has associated with cryptocurrency brokers that further offer the option to leverage trading.
However, the higher the leverage, the bigger the risk. You can lose an enormous amount of money, including your capital if things do not go your way. Hence, it is always good to start small.
Can I open long and short positions?
Yes, you can open long and short positions on Bitcoin Lifestyle. You can also input manual trading conditions and the system will place a trade when the crypto asset hits the position.
A trader takes a ‘long’ position when he expects that a particular cryptocurrency price will move up. A short position is when the trader bets that the price of the cryptocurrency will move down.
What Is Their Customer Service Like?
Before registration, you are afforded the option to contact Bitcoin Lifestyle via a type form provided on their website. After registration, you have 24/7 customer service. This includes the option of email and on-call service as well.
Is Bitcoin Lifestyle A Scam or Not?
Bitcoin Lifestyle is real according to client testimonials and our review. 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 minimize risk 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, you are only able to trade a limited amount of cryptocurrencies on Bitcoin Lifestyle, meaning you don’t have too much flexibility for investing in multiple crypto assets within your portfolio.
Glossary of Terms
|Fiat||Fiat is traditionally referred to as paper money, that has no intrinsic value, but whose value is essentially established by the creator, in most cases this would be the government.|
|Bitcoin||Bitcoin is reported to be the world’s most popular cryptocurrency. Bitcoin runs on a Bitcoin Blockchain and is a decentralized currency that operates independently from central banks and authority|
|Ethereum||Ethereum, like Bitcoin, is a cryptocurrency that is decentralized. Here, investors can transfer and exchange value.|
|Litecoin||Litecoin is also a cryptocurrency and a blockchain mirroring Bitcoin.|
|Exchange||The crypto exchange is basically an online platform where crypto investors get to exchange different cryptocurrencies for other cryptocurrencies.|
|Bitcoin mining||Bitcoin mining occurs when Bitcoin transactions are verified and confirmed before being added to the Bitcoin Blockchain.|
|Crypto wallet||A crypto wallet is a software program that stores the private and public keys of investors. It also allows users to transfer, receive, spend, store and check their balances.|
|Circulating supply||This refers to the amount of a given cryptocurrency or tokens that are publicly available and circulating on the market between buyers and sellers.|
|Market cap||Market cap refers to the market value of all of the cryptocurrencies available in the market per day.|
|Altcoins||Bitcoin was the first and most successful of all cryptocurrencies. All other coins are grouped together under the category of altcoins.|
|Block Explorer||An online tool for exploring and analysing the blockchain of a cryptocurrency.|
|Block Height||Block height refers to the number of blocks connected in the blockchain.|
|Block Reward||An incentive given to a bitcoin miner who has successfully calculated the hash (verification) in a block.|
|Chain Linking||Transferring one cryptocurrency to another. This requires the transaction to be lodged in two separate blockchains.|
|Consortium Blockchain||A privately owned and operated blockchain.|
|Cryptography||The process of encrypting and decrypting information.|
|Decentralized Autonomous Organization||Refers to organisations that are run by computer programs or software rather than a human input. There is no central authority in this regard.|
|Token||Tokens are strongly associated with ICO’s and are often built on pre-existing standard from established ‘smart contract’ blockchains like Ethereum.|
|Fork||In cryptocurrency terms, a fork is an event where an existing cryptocurrency splits into two variations of the code.|
|Wallet||A cryptocurrency wallet is the primary way owners of cryptocurrencies are able to access their coins.|
|Hot and cold storage||This refers to where a particular wallet is hosted. Hot storage refers to a wallet that is accessible from an internet connection, where cold storage refers to hosting your wallet offline on a separate piece of hardware.|
|Escrow||An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction.|
|Smart contract||The Ethereum blockchain allows for code to be deployed onto it in the form of a smart contract. This contract is essentially a set of mathematical rules that dictate how the transactions function|
|Proof-of-work (PoW)||For transactions to be confirmed and added to the Blockchain ledger, there are various approaches that have been developed to complete this process.|
|Proof-of-stake (PoS)||In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age.|
|Proof of Importance (POI)||This is a style of proof pioneered by the coin NEM as a third alternative to PoW and PoS.|
|TA||Shorthand for a technical analysis, or the analysis of coin values based on historical price movements and sophisticated indicators.|
|Node||a computer that is connected to the network of a particular cryptocurrency.|
|Mining||Mining is the process of validating new transactions on a cryptocurrencies distributed ledger.|
|Moonshot||This refers to a cryptocurrency shooting upwards dramatically.|
|Bear and Bull markets||A bull market is refers to rising prices and optimistic sentiment that encourages buying. Bear markets are considered the opposite of bull markets, with downward price trends and a pessimistic sentiment that encourages selling|
|Whale||Refers to someone who holds an large amounts of cryptocurrency|
|HODL||Refers to the passive investment strategy of ignoring market turbulence and waiting for long term returns.|
|Hard Fork||Refers to a type of fork that creates a permanent change to a digital currency’s standard protocol|
|Long/Long Position||Refers to making a wager that a certain asset will eventually rise in value.|
|Private Key||A piece of information that is presented as a string of letters and numbers a investor can use to access their digital currency|
|Public Key||An address where a investor can receive his/her digital currency using a combination of letters and numbers.|
|Rekt||Occurs when an investor loses large sums of money on the cryptocurrency market|
|Short/Shorting||Occurs when an investor takes a short position- making a bet that a asset or currency will fall in value|
|Mining Incentive||A reward miners get for confirming transactions and mining them in to blocks|
|Noob||Refers to new investors on the cryptocurrency market.|
|DApp||Refers to a decentralized application.|
|ICO||Short for Initial coin offering and refers to a disruptive new method for projects to receive funding.|
Other Crypto Trading Systems
|Crypto Trader||Bitcoin Trader||Bitcoin Loophole||Bitcoin Rush|
|Bitcoin Evolution||Bitcoin Revolution||Bitcoin Profit||Bitcoin Code|
Disclaimer: The content on this page should not be taken as financial advice. It is for informational purposes only. Never invest what you can’t afford to lose. Always research as much as possible before making any financial decision and consult a certified financial advisor.