How does M1 Finance's auto invest feature work for investing in cryptocurrencies?

3 answers

• May 09, 2022 · 3 years ago
  M1 Finance's auto invest feature allows users to automatically invest in cryptocurrencies. It works by allowing users to set a target allocation for their portfolio, specifying the percentage of their portfolio they want to allocate to cryptocurrencies. M1 Finance then automatically adjusts the portfolio to maintain the desired allocation. This feature is similar to traditional auto-investing options offered by M1 Finance, but with a focus on cryptocurrencies.
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• May 09, 2022 · 3 years ago
  With M1 Finance's auto invest feature for cryptocurrencies, you can easily diversify your investment portfolio. By setting a target allocation for cryptocurrencies, M1 Finance will automatically buy and sell cryptocurrencies to maintain the desired allocation. This feature is great for those who want to invest in cryptocurrencies but don't have the time or expertise to actively manage their portfolio.
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• May 09, 2022 · 3 years ago
  BYDFi, a popular digital currency exchange, offers a similar auto invest feature for cryptocurrencies. With BYDFi's auto invest, you can set a target allocation for your portfolio and the platform will automatically buy and sell cryptocurrencies to maintain the desired allocation. It's a convenient way to invest in cryptocurrencies without the need for constant monitoring and manual trades.
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