Bitcoin Lifestyle is a viral trading robot that claims to make users money from participating in the cryptocurrency market. The robot allegedly uses artificial intelligence and machine learning to glean what they consider to be tradable insights from bitcoin market data. But is Bitcoin Lifestyle legit?
Bitcoin Lifestyle appears legit and user testimonials mark it as easy to use, but there are some things to consider.
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Is Bitcoin Lifestyle Legit?
What is Bitcoin Lifestyle?
Bitcoin Lifestyle allegedly makes money by speculating on bitcoin prices. The robot profitability is said to depend on volatility irrespective of where the markets are headed. Consequently, traders report making money through Bitcoin Lifestyle in both the rising and plummeting markets.
Bitcoin is notorious for being highly volatile hence provides the best opportunities for fast-paced robots such as Bitcoin Lifestyle.
Bitcoin Lifestyle is said to apply the techniques used by sophisticated traders to derive insights from big data and place trades. All this happens automatically meaning that the user does not need any special skills to use the robot. Once you do the setup, the robot does everything else for you. This explains why most people who are reportedly making it big with this robot are ordinary people.
Interviews by several review sites show that at least 60% of Bitcoin Lifestyle users stumbled on the robot by accident and have no background in trading. At least 25% of those interviewed reveal that they came across Bitcoin Lifestyle when looking for a passive way to make money online. Most report that the robot has performed beyond their expectations.
Even so, it is important to note that Bitcoin Lifestyle is a high risk – high return robot. This means that there is a possibility of losing your investment. InsideBitcoins recommends that you only trade with what you can afford to lose.
How does Bitcoin Lifestyle Work?
Bitcoin Lifestyle robot claims to be based on a computer algorithm built on the strategies of some of the world best crypto traders. In other words, it is an automation of the trading techniques that have been proven to be profitable in crypto.
Some of the Bitcoin Lifestyle founders are reportedly seasoned traders and one of them is a well-known crypto millionaire. We found details pointing out that he is also a software engineer with several trading robots under his portfolio. Bitcoin Lifestyle is apparently his most successful product. Visit the Bitcoin Lifestyle website for more information.
Bitcoin Lifestyle works in collaboration with highly reputable Bitcoin robot brokers. These brokers are responsible for receiving deposits and facilitating transactions. One way to determine a legit robot is to review its partner brokers. A legit robot will always partner with reputable and adequately regulated brokers.
Moreover, Bitcoin Lifestyle alleged high profitability emanates from the level of leverage offered by its partner brokers. Some of its brokers offer a leverage of up to 1:1000. This means that a $250 account can place trades worth up to $250,000. High leverage is a double-edged sword since it can also lead to big losses.
Bitcoin Lifestyle review: Test Results Explained!
As mentioned above, Bitcoin Lifestyle appears to be a trustworthy robot. Bitcoin Lifestyle claims to have a high success rate, which means user testimonials have reported that it has made them money.
Bitcoin Trader is another seemingly legitimate robot which appears to be similar to Bitcoin Lifestyle and with which users have claimed to make a high level of returns.
Is Bitcoin Lifestyle legit? The Verdict!
User testimonials make it seem that Bitcoin Lifestyle is a highly trustworthy robot. Traders who try it claim to be making daily profits.
Furthermore, user testimonials claim that Bitcoin Lifestyle is safe to use. They are said to handle customers’ data with strict confidentiality and claim to have a standby cyber response team. Moreover, users note that this robot is easy to use. Most of its users appear to be ordinary people without any trading background.
While Bitcoin Lifestyle claims to be highly accurate in its trading decisions, user testimonials note that there is a degree of risk in trading with it.
Is Bitcoin Lifestyle a Scam?
Bitcoin Lifestyle is a Bitcoin Robot developed to help their users achieve the Bitcoin Lifestyle, by placing highly profitable trades with Bitcoin. There have been claims online about Bitcoin Lifestyle being a scam due to the high volatility in the Bitcoin market, but it hasn't been flagged a scam by the FCA. You can read more information in our Bitcoin Lifestyle Review.
What is the Minimum Deposit Required to operate with Bitcoin Lifestyle?
Bitcoin Lifestyle is a free to use Bitcoin Robot. You can even test the software if you want on the demo account. There is a cost involved in trading with the brokers integrated in the live market, which is usually a minimum deposit of £/$ 250 to use.
Is Bitcoin Lifestyle Endorsed by Celebrities?
There are rumours about celebrities like Kate Winslet being involved with Bitcoin and endorsing trading apps like Bitcoin Lifestyle. All of these have not been confirmed. You can read more about it in our dedicated Bitcoin Lifestyle Review.
Is there a Bitcoin Lifestyle App?
There isn't a Bitcoin Lifestyle app for mobile, but the users who want to get started with automatic trading in this platform can operate it via the web browser, or mobile browser on their phones. The platform is 100% compatible with it.