common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What are the risks associated with not holding fractional shares of digital assets?

avatarMayorCharNov 27, 2021 · 3 years ago3 answers

What are the potential risks and disadvantages of not owning fractional shares of digital assets?

What are the risks associated with not holding fractional shares of digital assets?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Not holding fractional shares of digital assets can limit your investment opportunities. Fractional shares allow you to invest in a portion of a digital asset, even if you don't have enough funds to buy a whole unit. By not owning fractional shares, you may miss out on potential gains from popular and high-value digital assets. It's important to diversify your portfolio and not rely solely on whole units of digital assets.
  • avatarNov 27, 2021 · 3 years ago
    One of the risks of not holding fractional shares of digital assets is the inability to take advantage of price fluctuations. Fractional shares allow you to invest in smaller increments, which means you can buy and sell at different price points. This flexibility can be beneficial in a volatile market, as you can take advantage of price dips and sell at higher prices. Without fractional shares, you may miss out on these opportunities to maximize your profits.
  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, we understand the importance of fractional shares in the digital asset market. Not holding fractional shares can limit your ability to diversify your portfolio and potentially reduce your overall returns. Fractional shares provide investors with the opportunity to invest in a wider range of digital assets, even with limited funds. It's crucial to consider the benefits of fractional shares and how they can help you optimize your investment strategy.