How does M1 Finance work for cryptocurrency investments?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure! M1 Finance is a platform that allows you to invest in cryptocurrencies alongside traditional assets like stocks and bonds. It works by using a concept called 'Pies', which are customized portfolios of different assets. You can create your own Pie or choose from pre-made Pies created by experts. M1 Finance then automatically manages your investments by rebalancing your portfolio to maintain your desired asset allocation. This makes it easy to diversify your investments and take advantage of the potential growth of cryptocurrencies.
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• Dec 27, 2021 · 3 years ago
  M1 Finance offers a unique approach to cryptocurrency investments. Unlike other platforms, M1 Finance allows you to invest in cryptocurrencies without having to buy and hold individual coins. Instead, you can invest in a diversified portfolio of cryptocurrencies through their Pies. This means you don't have to worry about the complexities of managing multiple wallets or the security risks associated with holding cryptocurrencies yourself. M1 Finance takes care of all the technical aspects, making it a convenient and hassle-free option for cryptocurrency investors.
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• Dec 27, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, is integrated with M1 Finance, allowing users to easily invest in cryptocurrencies through the platform. With BYDFi integration, you can access a wide range of cryptocurrencies and trade them seamlessly within your M1 Finance account. This partnership provides users with a comprehensive solution for cryptocurrency investments, combining the benefits of M1 Finance's automated portfolio management with BYDFi's extensive cryptocurrency offerings.
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