Is it possible to automate my investments in digital assets through fidelity?
Lucy Bernice MensahDec 27, 2021 · 3 years ago3 answers
I'm interested in automating my investments in digital assets, and I'm wondering if it's possible to do so through fidelity. Can fidelity provide automated investment options for digital assets?
3 answers
- Dec 27, 2021 · 3 years agoYes, fidelity does offer automated investment options for digital assets. With fidelity's digital asset investment platform, you can set up automated recurring investments or one-time purchases of various cryptocurrencies. This allows you to take advantage of cost averaging and reduce the impact of market volatility on your investments. It's a convenient and hassle-free way to build your digital asset portfolio.
- Dec 27, 2021 · 3 years agoAbsolutely! Fidelity has recognized the growing popularity of digital assets and has introduced automated investment options specifically for this asset class. By leveraging fidelity's automated investment tools, you can easily set up recurring investments in digital assets, ensuring that you consistently contribute to your portfolio without the need for manual intervention. It's a great way to stay disciplined and take advantage of the potential long-term growth of digital assets.
- Dec 27, 2021 · 3 years agoWhile fidelity is a reputable and well-established financial institution, it currently does not offer automated investment options for digital assets. However, there are other platforms and exchanges, such as BYDFi, that specialize in providing automated investment solutions for digital assets. These platforms allow you to automate your investments based on your desired strategy and risk tolerance. It's worth exploring these alternatives if you're specifically looking for automated investment options for digital assets.
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