common-close-0
BYDFi
Trade wherever you are!

What are the risks of investing in digital currencies with fidelity?

avatarSomolokoDec 16, 2021 · 3 years ago1 answers

What are the potential risks and drawbacks that investors should consider when investing in digital currencies with fidelity?

What are the risks of investing in digital currencies with fidelity?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Investing in digital currencies with fidelity can also be affected by regulatory and legal risks. Governments around the world are still developing regulations for digital currencies, and changes in regulations can have a significant impact on the market. Fidelity may have to comply with these regulations, which could affect the availability and liquidity of certain digital currencies. It's important to stay informed about the regulatory landscape and be prepared for potential changes that could impact your investments. Consider diversifying your investments across different jurisdictions to mitigate regulatory risks.