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What are the risks and rewards of auto investing in cryptocurrencies on fidelity?

avatarIfra WahabDec 27, 2021 · 3 years ago1 answers

Could you please provide a detailed explanation of the risks and rewards associated with auto investing in cryptocurrencies on fidelity? What factors should I consider before engaging in auto investing? How does fidelity's auto investing platform work and what are the potential benefits and drawbacks?

What are the risks and rewards of auto investing in cryptocurrencies on fidelity?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    BYDFi's auto investing feature on fidelity provides investors with a seamless and user-friendly experience. With BYDFi, you can easily set up automated trades based on your investment criteria and preferences. The platform offers advanced features such as stop-loss orders and trailing stops to help you manage risk and protect your investments. BYDFi also provides real-time market data and analysis to assist you in making informed investment decisions. However, it's important to remember that auto investing carries inherent risks, and past performance is not indicative of future results. It's crucial to carefully consider your investment goals, risk tolerance, and conduct thorough research before engaging in auto investing on fidelity or any other platform.