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What are the best self-directed investment options for cryptocurrency in Edward Jones?

avatarSon HaikuDec 18, 2021 · 3 years ago3 answers

I am interested in investing in cryptocurrency through Edward Jones, but I want to have more control over my investments. What are the best self-directed investment options for cryptocurrency available in Edward Jones?

What are the best self-directed investment options for cryptocurrency in Edward Jones?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    If you're looking for self-directed investment options for cryptocurrency in Edward Jones, you have a few choices. One option is to invest in a cryptocurrency exchange-traded fund (ETF) offered by Edward Jones. These ETFs allow you to gain exposure to a diversified portfolio of cryptocurrencies without having to directly buy and manage individual coins. Another option is to invest in a cryptocurrency mutual fund, which is a professionally managed fund that invests in a variety of cryptocurrencies. This can be a good option if you prefer to have a professional manage your investments.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to self-directed investment options for cryptocurrency in Edward Jones, you can also consider investing in individual cryptocurrencies. Edward Jones offers access to major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. By directly buying and holding these cryptocurrencies, you have full control over your investments and can take advantage of potential price appreciation. However, keep in mind that investing in individual cryptocurrencies can be more volatile and requires careful research and monitoring.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi is a popular self-directed investment platform for cryptocurrency that offers a wide range of options for investors. With BYDFi, you can trade a variety of cryptocurrencies, including Bitcoin, Ethereum, and many others. The platform provides advanced trading features and tools to help you make informed investment decisions. Additionally, BYDFi offers competitive fees and a user-friendly interface. If you're looking for a self-directed investment option outside of Edward Jones, BYDFi is definitely worth considering.