Cryptocurrencies at Fidelity (moved from the eMoney thread on the Fidelity board)

[yogibearbull]

www.fidelity.com/viewpoints/active-investor/beyond-bitcoin

"Can I buy cryptocurrencies at Fidelity?

Retail brokerage customers cannot buy or sell any cryptocurrencies at Fidelity. However, those who have a Coinbase digital currency account can arrange to view those balances on Fidelity.com. Although Bitcoin futures are now available for trading on the CBOE and CME, Fidelity does not currently have any plans to offer Bitcoin futures trading for its retail brokerage customers."

Digital Assets at Fido for institutions
www.fidelitydigitalassets.com/overview
www.fidelitydigitalassets.com/about-us

[steadyeddy]

Jan 8, 2021 3:09:01 GMT yogibearbull said:

www.fidelity.com/viewpoints/active-investor/beyond-bitcoin

"Can I buy cryptocurrencies at Fidelity?

Retail brokerage customers cannot buy or sell any cryptocurrencies at Fidelity. However, those who have a Coinbase digital currency account can arrange to view those balances on Fidelity.com. Although Bitcoin futures are now available for trading on the CBOE and CME, Fidelity does not currently have any plans to offer Bitcoin futures trading for its retail brokerage customers."

Digital Assets at Fido for institutions
www.fidelitydigitalassets.com/overview
www.fidelitydigitalassets.com/about-us

YBB - Is this posted in the wrong thread?

[yogibearbull]

steadyeddy, I searched again for Fidelity eMoney and found that it is a financial planning software from Fidelity.
www.investmentnews.com/fidelitys-emoney-advisor-launches-mobile-app-for-financial-plans-198328
www.thinkadvisor.com/2020/10/20/emoney-launches-financial-planning-and-wellness-app/

There were previous posts on Bitcoin/cryptos within other threads [Gold, China-EU] and I mistook eMoney for another inquiry on Bitcoin/cryptos. So, chang can move the post to the Gold thread.

[wannabechef]

I owned some Ethereum that I bought at $685 a few years back. Not much, I tossed $500 in just to get a taste. Didn't understand much about it at the time but wanted to see if I was missing out on possibly a new payment method. Crypto seems to be the epitome of boom and bust and heavy speculation. I sold when the value crept up to $625 just wanting to wrap it up and be done with my little experiment, lost $50 and learned a little.

I think if someone wanted to get into crypto, I'd recommend waiting until despair has set in and prices crash, which they will again. Then go ahead and toss some money that you are comfy losing in just for fun. Use it to take some friends out for dinner or buy something fun and move on. Folks can make some crazy money in crypto but I suspect the massive 5,000% return days are behind us. With that being said 2-4x return in short order isn't anything to scoff at.

PS - almost forgot, I own some Litecoin too, lost even more to date on paper than the ethereum. Oh well, maybe someday I'll get my $500 back from that bad investment. Live and learn

[Chahta]

If you buy them be sure to remember your password to access them. I heard about fellow that owns $220m of Bitcoin. Access is stored on a hard drive with 2 attempts left to unlock it. Once the 10th failed attempt is done the drive wipes itself clean. He has resigned himself to the fact he will most likely lose the $220m.

YBB, would this be a mining opportunity for someone to find that $220m?

[chang]

Jan 15, 2021 23:08:28 GMT Chahta said:

If you buy them be sure to remember your password to access them. I heard about fellow that owns $220m of Bitcoin. Access is stored on a hard drive with 2 attempts left to unlock it. Once the 10th failed attempt is done the drive wipes itself clean. He has resigned himself to the fact he will most likely lose the $220m.

Probably shouldn't use something like "Password1". On the other hand, a good password like "DF%h@33Wqzhe#?Jp55zz" can be hard to remember.

Managing passwords is a real problem today. I admit I keep them all on an Excel spreadsheet (password protected, of course).

I think one day it will all be done with fingerprints, retina scans or microchips.