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What are the best digital currencies for beginners to invest in on Charles Schwab?

avatarFrancis ToftDec 16, 2021 · 3 years ago3 answers

I'm a beginner looking to invest in digital currencies on Charles Schwab. Can you recommend the best ones for me?

What are the best digital currencies for beginners to invest in on Charles Schwab?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    As a beginner, it's important to start with well-established digital currencies that have a strong track record. Bitcoin and Ethereum are two of the most popular and widely accepted digital currencies. They have been around for a long time and have proven to be relatively stable investments. Additionally, Charles Schwab offers support for these currencies, making it easy for beginners to invest in them.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking for something with potentially higher returns, you might consider investing in altcoins. These are alternative digital currencies that are not as well-known as Bitcoin and Ethereum. While they can be more volatile, they also have the potential for greater gains. Some popular altcoins include Ripple, Litecoin, and Cardano. However, keep in mind that investing in altcoins carries more risk, so it's important to do thorough research before making any investment decisions.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a digital currency exchange, offers a wide range of digital currencies for beginners to invest in. They have a user-friendly platform and provide educational resources to help beginners navigate the world of digital currency investing. Some of the popular digital currencies available on BYDFi include Bitcoin, Ethereum, Ripple, and Litecoin. They also offer competitive fees and a secure trading environment. It's worth considering BYDFi as a platform for beginners to start their digital currency investment journey.