How does Vanguard's automatic investment feature work with digital currencies?

3 answers

• Schneider OlsonNov 23, 2020 · 5 years ago
  Vanguard's automatic investment feature does not currently support digital currencies. It is designed for traditional investment vehicles such as stocks, bonds, and mutual funds. However, there are other platforms and exchanges that specialize in digital currency investments, where you can set up automatic investments based on your preferences and risk tolerance. It's important to do thorough research and choose a reputable platform that aligns with your investment goals.
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• Pahn_Vic18Oct 31, 2021 · 4 years ago
  Unfortunately, Vanguard's automatic investment feature does not include digital currencies at this time. It primarily focuses on traditional investment options. However, there are other platforms and exchanges that offer automatic investment features specifically for digital currencies. These platforms allow you to set up recurring purchases of cryptocurrencies based on your desired frequency and amount. Make sure to choose a platform that has a good reputation and offers a wide range of digital currencies to invest in.
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• searynyfqlAug 26, 2024 · a year ago
  While Vanguard's automatic investment feature does not directly support digital currencies, you can still use the platform to invest in digital currency-related assets indirectly. For example, you can invest in companies that are involved in the digital currency industry, such as blockchain technology companies or cryptocurrency mining companies. By investing in these types of assets through Vanguard, you can indirectly participate in the potential growth of the digital currency market. However, it's important to note that investing in digital currencies and related assets carries risks, and it's crucial to carefully consider your investment strategy and consult with a financial advisor if needed.
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