Are there any recommended strategies for setting up automatic investments in digital currencies on Fidelity?

1 answers

• Dec 16, 2021 · 3 years ago
  As an expert in digital currency investments, I can tell you that setting up automatic investments on Fidelity is a great way to take advantage of the potential growth in this market. Here are a few strategies you can consider: 1. Research and choose the right digital currencies: Take the time to research different digital currencies and choose ones that align with your investment goals and risk tolerance. 2. Set up automatic recurring investments: Fidelity allows you to set up recurring investments in digital currencies. This can help you take advantage of dollar-cost averaging and reduce the impact of short-term market fluctuations. 3. Monitor and adjust your investments: Regularly review your investment portfolio and make adjustments as needed. This will ensure that your investments remain aligned with your long-term goals. Remember, investing in digital currencies carries risks, so it's important to do your own due diligence and seek professional advice if needed.
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