Is it possible to automate regular purchases of cryptocurrencies on Fidelity using a drip plan?

5 answers

• SerarverJul 19, 2020 · 5 years ago
  Yes, it is possible to automate regular purchases of cryptocurrencies on Fidelity using a drip plan. Fidelity offers a feature called Automatic Investment Plan (AIP) that allows you to set up recurring purchases of cryptocurrencies. With AIP, you can choose the frequency and amount of your purchases, and Fidelity will automatically execute the trades for you. This is a convenient way to dollar-cost average into cryptocurrencies and take advantage of market fluctuations.
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• TuanHTDec 08, 2020 · 5 years ago
  Definitely! Fidelity's drip plan, known as the Automatic Investment Plan (AIP), allows you to automate your regular purchases of cryptocurrencies. By setting up AIP, you can specify the amount and frequency of your purchases, and Fidelity will take care of the rest. This is a great strategy for long-term investors who want to gradually build their cryptocurrency portfolio without constantly monitoring the market.
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• forenkemaMar 20, 2024 · a year ago
  Absolutely! Fidelity's Automatic Investment Plan (AIP) enables you to automate your regular purchases of cryptocurrencies. With AIP, you can choose the cryptocurrencies you want to invest in, set the desired amount and frequency of your purchases, and Fidelity will handle the rest. It's a hassle-free way to build your cryptocurrency holdings over time.
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• core jjOct 22, 2023 · 2 years ago
  Yes, you can automate regular purchases of cryptocurrencies on Fidelity using a drip plan. Fidelity's Automatic Investment Plan (AIP) allows you to set up recurring purchases of cryptocurrencies like Bitcoin, Ethereum, or Litecoin. By automating your purchases, you can take advantage of dollar-cost averaging and reduce the impact of short-term market fluctuations on your investment.
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• Sharon ShueyApr 02, 2022 · 3 years ago
  Yes, it is possible to automate regular purchases of cryptocurrencies on Fidelity using a drip plan. Fidelity's Automatic Investment Plan (AIP) offers a convenient way to invest in cryptocurrencies without the need for constant monitoring. By setting up AIP, you can specify the amount and frequency of your purchases, and Fidelity will execute the trades for you. This allows you to gradually build your cryptocurrency portfolio over time.
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