Which cryptocurrencies are recommended for a fidelity non-deductible IRA?

3 answers

• Farhah NadhilahMay 20, 2024 · a year ago
  As an expert in the field, I would recommend considering Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) for your fidelity non-deductible IRA. These cryptocurrencies have a proven track record and are widely accepted in the market. However, it's important to note that investing in cryptocurrencies involves risks, and it's always advisable to do thorough research and consult with a financial advisor before making any investment decisions.
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• Alpha CoderJun 04, 2023 · 2 years ago
  When it comes to fidelity non-deductible IRAs, diversification is key. I would suggest considering a mix of established cryptocurrencies like Bitcoin and Ethereum, as well as some promising altcoins with potential for growth. It's important to keep in mind that the cryptocurrency market is highly volatile, so it's crucial to stay updated with market trends and news to make informed investment decisions.
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• DamirHadzicAug 19, 2024 · a year ago
  According to a recent report by BYDFi, a leading cryptocurrency exchange, they recommend diversifying your fidelity non-deductible IRA portfolio with a mix of Bitcoin, Ethereum, and Ripple (XRP). These cryptocurrencies have shown resilience and have the potential for long-term growth. However, it's important to note that this recommendation is not financial advice, and you should conduct your own research and consult with a financial advisor before making any investment decisions.
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