In our review of Bitcoin Lifestyles we reveal that this trading system is a fraud that you have to avoid in order not to lose money.
We analyzed and tested Bitcoin Lifestyle, and in this review we provide you with our findings: what it really is about, how it works, what is the real user experience and why it is a scam that you have to stay away from.
What is Bitcoin Lifestyle
Bitcoin Lifestyle is an online trading system that is focused on cryptocurrencies, namely on bitcoin. It supposedly was designed to be useable by anybody.
Bitcoin Lifestyle’s website mentions these key characteristics of the system:
- It requires only a few minutes of work per day
- The system wins 99.4% of all trades
- It is the quickest trading system, 0.01 second faster than the competition
- It was voted nr. 1 by the US Trading Association
- $1100 minimum daily earnings
- Costs $0
Yes, you read that correctly, you are supposed to believe that Bitcoin Lifestyle will earn you more than a thousand dollars per day for free, because the software costs nothing. Will you believe it?
Bitcoin Lifestyle is a scam
The truth is that Bitcoin Lifestyle is a scam. Its only real purpose is to transfer your money to fraudsters. It was never meant to earn money in trading, everything that is said on its website is a lie.
To clear a possible confusion, the difference between Bitcoin Lifestyle and Bitcoin is that the former is a scam investment scheme, while the latter is a legitimate cryptocurrency. Basically, Bitcoin Lifestyle is just abusing the identity of the cryptocurrency bitcoin, it is not about real profitable crypto trading.
The Bitcoin Lifestyles Club is just a fictitious entity, there is no group of “privileged” traders that you will get access to.
You should realize that the whole concept of a system earning tens of thousand of dollars per month for free to anybody who cares to sign up is flawed. Because it would equal to a free passive income, and money cannot be free. Money must have value in order for the economy to work as it is working today.
This really is a simple giveaway, when somebody is offering you free earnings in financial trading, you can be sure that it is a scam, as is Bitcoin Lifestyle. In this review we provide three even more tangible proofs.
1. Rebranded scam
Bitcoin Lifestyle is not a new scam, it is an old one with a new name. Already the first look revealed that this is just a rebranding of scams like Bitcoin Evolution, Bitcoin Loophole, Bitcoin Era and Bitcoin Trader, see our linked reviews.
Also, have a look at our picture below and see some other examples of fraudulent programs of this kind with different names.
Scammers are so lazy that they even use the same video and texts each time. The story is always the same: a group of people will give you access to a miraculous software that is winning 99.4% of trades.
While real user experience with Bitcoin Lifestyle shows that it is a useless system that is losing money in real trading.
2. Fake testimonials
A clear proof that Bitcoin Lifestyles is a scam can be found in the testimonials on its official website. They show people earning money with this program, but they are blatantly fake.
Not only these same testimonials are used by other versions of this scam that we mentioned above, they also contain stock photos. Which means that these testimonials certainly are not real, they do not depict real users of Bitcoin Lifestyle.
Check our picture to see the proof, everything was faked by scammers who run this investment scheme.
3. Fake celebrity endorsements
On different websites you can run across articles about how celebrities have invested and made money with Bitcoin Lifestyle. But they all are fake, because this investment program is a scam that no real media and celebrities are talking about.
One popular example is Gordon Ramsay, but as we explain in our article about Gordon Ramsay and Bitcoin programs, he is not connected to it any away.
Another example is the fake Mirror article about Robert Downey Jr. investing with Bitcoin Lifestyle. There is nothing true in it, it is as deceiving as it gets, Downey Junior has nothing to do with this program, he has not even talked about it.
Other famous names that fake articles falsely associate with Bitcoin Lifestyle are Richard Branson, Bill Gates, Martin Lewis, Mel Gibson, Vincent Tan and Willy Holloughby.
These fake articles also claim that Bitcoin Lifestyle featured on TV shows like This Morning, Good Morning Britain, Dragons’ Den and Shark Tank. But it absolutely is not true.
All these articles just imitate real media, but they are fake, the stories are made up, no celebrity and no renowned media have ever endorsed Bitcoin Lifestyle.
Bitcoin Lifestyle app
In this part of our review, we will explain the functions of the Bitcoin Lifestyle app, so that you can later understand how this whole scam works.
The registration process is fairly easy, you just have to provide your name, e-mail address and phone number. Then you will get access to the Bitcoin Lifestyle platform.
The software is easy to use and most of the time it will offer you the possibility to try it out in a demo mode. When you switch the demo mode on, you will see profits quickly piling up. This might be the perfect argument that will convince you that the software is profitable.
But here is the catch: the demo is faking results, it is using fake prices. In other words, demo results of Bitcoin Lifestyle are fake, they would never happen in real trading. You cannot trust the platform at all. The question is, why it is faking demo results?
How Bitcoin Lifestyle works – the reality
Bitcoin Lifestyle is faking demo results, because if they manage to make you believe that they can earn you money, they will get very close to scamming you.
Because they won’t allow you to trade with real money unless you deposit at least 250 dollars with a broker of their choice. And this is how they get your money, how they scam you.
People who run Bitcoin Lifestyle cooperate with scam brokers that will share with them all the money they get from new depositors referred by Bitcoin Lifestyle.
You see, their goal is to get as much money as possible from you. So, they will push you to deposit the maximum you can and then they will call you to deposit multiple times. You will hear all sorts reasons why you should deposit more and more.
They even might show you some fake profits on your real account to persuade to send them more money for supposedly even bigger profits. But when you try to withdraw money from your account, you will realize the true nature of this program.
Because then you will hear all sorts of excuses why you cannot withdraw. They might even ask for upfront fees or fake taxes. But all the money you send them will be lost. This is why it is crucial not to send them anything.
Got scammed by Bitcoin Lifestyle? Do this
If you already sent your money through Bitcoin Lifestyle to a broker, you should try to immediately get it back. There is no guarantee of success, but it certainly is worth trying.
To get your money back, do this:
- Bitcoin Lifestyle referred you to a broker. Log into your account with that broker and check how much money is remaining.
- If there still is your full deposit, submit a withdrawal request. If money disappeared, contact the broker and ask for a refund because you got scammed.
- If the broker refuses to give you your money back, say you will complain to authorities and ask your bank for a chargeback.
- If you don’t succeed with the broker, ask your bank for a chargeback on your deposit. This is presuming you made the deposit with a credit card. If you made it with a bank wire, it will be very difficult.
Also, you can ask you’re the national financial regulator in your country for advice. The last step you can do is go to the police and submit a complaint.
Avoid this type of scams
Scams like Bitcoin Lifestyle all work the same way. They promise you a free system that will make you big money in financial trading. But when you register, the first thing you have to do is to deposit your own money with a shady broker. This is how you can see it is a scam.
Never rush your decisions when it comes to investing. Always background check the company or individual who is behind the offer. Investment services are regulated, so every offer has to be approved by financial regulators. If it is anonymous and unlicensed, stay away from it.
Remember that if you don’t send money to these scammers, they cannot scam you. So, always think twice before sending your money anywhere.
Last but not least, be also very careful when it comes to your personal information. Selling personal information is also a big business among scammers. So, don’t give them your name, e-mail address and phone number. Because if you do, you can expect lots of aggressive calls with shady investment offers.
When they have your contact information, it is very difficult to get rid of them. They use different phone numbers and e-mail accounts, so you will be flooded with their offers. You can always ask them to delete your personal data, but since they are scammers, chances to succeed are slim.
Bitcoin Lifestyle review – the conclusion
In this review we proved that Bitcoin Lifestyle is a scam. All it will do is make you lose money with a fraudulent company. You have to stay away from it.
If you want to try to make money in cryptocurrency trading, start on a free demo account with a regulated broker.
You have to practice until you have a solid strategy and an understanding of the risks before you can move to real money trading.
Frequently asked questions
✅ Is Bitcoin Lifestyle a con, a scam?
Yes, Bitcoin Lifestyle is a con. It is a scam that cannot earn you any money in bitcoin trading. It will just push you to send your own money to a company that will make it disappear.
✅ Is Bitcoin Lifestyle safe?
No, Bitcoin Lifestyle is not safe. It is a scam designed to pull money out of your pocket. Also, it is very risky for your personal data because it is run by professional fraudsters who can abuse it.
✅ Is Bitcoin Lifestyle legit?
No, Bitcoin Lifestyle is not legit. It is an illegal investment program that is not authorized by financial regulators. It is losing money to ordinary people, the feedback from real users is very bad.
✅ What is the catch with Bitcoin Lifestyle?
The catch with Bitcoin Lifestyle is that it will push you to send money to scammers. It will promise you free earnings, but the first thing you will have to do is to deposit at least 250 USD with a very shady company.