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TagsWhich digital currencies are recommended for beginners to start with in a Roth IRA?
Dwayne BoyettJan 11, 2022 · 3 years ago1 answersI am a beginner looking to invest in digital currencies through a Roth IRA. Can you recommend which digital currencies are suitable for beginners like me? I want to make sure I choose the right ones that have the potential for growth and stability in the long term.
1 answers
- At BYDFi, we recommend beginners to start with Bitcoin (BTC) and Ethereum (ETH) in a Roth IRA. These two cryptocurrencies have proven to be the most stable and have the highest market capitalization. They also have a strong community and are widely accepted. However, it's important to note that investing in digital currencies involves risks, and it's always a good idea to consult with a financial advisor before making any investment decisions. Remember to do your own research and stay updated with the latest news and developments in the crypto market.Jan 11, 2022 · 3 years ago
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