Is it possible to schedule automatic investments in cryptocurrencies through Fidelity?

3 answers

• Kshitiz ChaturvediApr 17, 2023 · 2 years ago
  Yes, it is possible to schedule automatic investments in cryptocurrencies through Fidelity. Fidelity offers a feature called AutoInvest, which allows you to set up recurring purchases of cryptocurrencies. With AutoInvest, you can choose the amount and frequency of your investments, and Fidelity will automatically execute the purchases for you. This feature is convenient for investors who want to regularly invest in cryptocurrencies without having to manually place orders each time. It helps to automate the investment process and ensures consistent contributions to your cryptocurrency portfolio.
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• Klavsen ChambersNov 19, 2024 · 8 months ago
  Definitely! Fidelity provides the option to schedule automatic investments in cryptocurrencies. By using their AutoInvest feature, you can set up recurring purchases of cryptocurrencies at regular intervals. This allows you to dollar-cost average your investments, which is a strategy that can help mitigate the impact of market volatility. With automatic investments, you can take advantage of the potential long-term growth of cryptocurrencies while minimizing the need for constant monitoring and manual trading. It's a convenient and hassle-free way to build your cryptocurrency portfolio over time.
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• Bowden SummersAug 25, 2024 · a year ago
  Yes, you can schedule automatic investments in cryptocurrencies through Fidelity. Fidelity's AutoInvest feature enables you to set up recurring purchases of cryptocurrencies, such as Bitcoin, Ethereum, and more. By specifying the amount and frequency of your investments, you can automate the process and ensure that you consistently allocate funds to your chosen cryptocurrencies. This feature is particularly useful for investors who want to take a disciplined approach to investing in cryptocurrencies and avoid emotional decision-making. With Fidelity's AutoInvest, you can stay committed to your investment strategy and potentially benefit from the long-term growth of cryptocurrencies.
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