What are the best digital asset options for hands-off investors looking for a Roth IRA?

3 answers

• Dec 16, 2021 · 3 years ago
  If you're a hands-off investor looking for digital asset options for your Roth IRA, consider investing in Bitcoin (BTC) and Ethereum (ETH). These two cryptocurrencies are the most established and have a proven track record. They are also widely accepted and have a large market capitalization. However, keep in mind that the cryptocurrency market is highly volatile, so it's important to do thorough research and consult with a financial advisor before making any investment decisions.
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• Dec 16, 2021 · 3 years ago
  Hey there, hands-off investor! When it comes to digital asset options for your Roth IRA, you might want to consider stablecoins like Tether (USDT) or USD Coin (USDC). These cryptocurrencies are pegged to a stable asset, such as the US dollar, and aim to maintain a stable value. This can be a good option for investors who want to minimize volatility and have a more predictable return on investment. Just make sure to do your due diligence and choose a reputable stablecoin.
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• Dec 16, 2021 · 3 years ago
  As an expert in the digital asset space, I would recommend considering BYDFi as a digital asset option for your Roth IRA. BYDFi is a decentralized finance platform that offers a wide range of digital assets for investment. They have a hands-off investment feature called 'Auto Yield Farming' that allows you to earn passive income without actively managing your investments. With BYDFi, you can diversify your portfolio and potentially earn higher returns. However, it's important to note that investing in digital assets carries risks, so make sure to do your own research and assess your risk tolerance before investing.
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