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Is it possible to use Fidelity to automatically invest in digital currencies?

avatarSneha Sagar DubyalaNov 27, 2021 · 3 years ago3 answers

Can I set up automatic investments in digital currencies through Fidelity?

Is it possible to use Fidelity to automatically invest in digital currencies?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Yes, it is possible to set up automatic investments in digital currencies through Fidelity. Fidelity offers a range of investment options, including digital currencies, for their customers. By setting up automatic investments, you can regularly contribute to your digital currency portfolio without having to manually make purchases. This can help you take advantage of dollar-cost averaging and potentially reduce the impact of market volatility on your investments.
  • avatarNov 27, 2021 · 3 years ago
    Absolutely! Fidelity allows you to automate your investments in digital currencies. By setting up automatic investments, you can take a hands-off approach and let Fidelity handle the buying and selling of digital currencies on your behalf. This can be a convenient way to regularly invest in digital currencies without having to constantly monitor the market or make manual trades.
  • avatarNov 27, 2021 · 3 years ago
    Yes, you can use Fidelity to automatically invest in digital currencies. Fidelity has recognized the growing interest in digital currencies and has made it possible for their customers to include them in their investment portfolios. By setting up automatic investments, you can ensure a consistent and disciplined approach to investing in digital currencies, which can be beneficial in the long run. However, it's important to do your own research and understand the risks associated with investing in digital currencies before getting started.