What are the best ways to auto invest in digital currencies on Fidelity?

3 answers

• Dec 18, 2021 · 3 years ago
  One of the best ways to auto invest in digital currencies on Fidelity is to set up a recurring investment plan. This allows you to automatically invest a set amount of money at regular intervals, such as weekly or monthly. By dollar-cost averaging into digital currencies, you can take advantage of market fluctuations and potentially lower your average cost per coin over time. Fidelity offers a convenient and user-friendly platform for setting up recurring investments in digital currencies.
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• Dec 18, 2021 · 3 years ago
  If you're looking for a more hands-off approach to auto investing in digital currencies on Fidelity, you can consider investing in a digital currency index fund. These funds are designed to track the performance of a specific index, such as the top 10 or 20 digital currencies. By investing in an index fund, you can gain exposure to a diversified portfolio of digital currencies without the need to actively manage your investments. Fidelity offers several digital currency index funds that you can choose from.
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• Dec 18, 2021 · 3 years ago
  BYDFi is a popular digital currency exchange that offers auto investing options. With BYDFi, you can set up automatic purchases of digital currencies based on a predetermined schedule or investment strategy. BYDFi's auto investing feature allows you to take advantage of dollar-cost averaging and removes the need for manual buying and selling decisions. It's a convenient way to gradually build your digital currency portfolio over time.
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