Is Bitcoin Lifestyle Safe? Many people are asking me this kind of question and this is my simple response:
No, Bitcoin Lifestyle is definitely a scam and it doesn’t work. I never tried it and never will because it looks exactly like other classic scams like Bitcoin Evolution, Bitcoin Trader, Bitcoin Loophole, and Bitcoin Era.
All of those that I mentioned have a similar system of funneling your money into a fraudulent account without returning it back to you.
What is Bitcoin Lifestyle?
It is a cryptocurrency robot that leverages on the volatility of crypto market through speculation. This robot claims to be one of the most profitable program in the market today.
Note: Automated trading programs are useless without human intervention. Although you have bots in your trading arsenal, you need to apply technical and fundamental analysis in every trade. This skill cannot be learned overnight but through experience.
How does the scam work?
You are forced to sign-up or register to their broker then will asked you to deposit a minimum amount of $250 in order to trade. There is no question whether you earn or not; the bottom line here is that whatever you do, you cannot withdraw a certain amount money from your account. In order for you to withdraw, you need to add more funds to your account. Is that ironic? but it is real.
I made this post because many people are still curious how does the system work. It is evident that Google Trends is showing an increasing volume of searches about Bitcoin Lifestyle every day. Most of these searches could be a potential prey.
Cryptocurrency Trading requires skill and experience in order for you to consistently earn substantial amount of money.
This kind of ponzi scheme is evolving, but their system is still the same, which is to deceive people and get their money. They will always blame the market condition to escape liability.