SIPC
SIPP INDUSTRIES INC NEW
stock OTC

Thanks for your post. We ask that all investment strategy discussion be kept within the monthly discussion post pinned at the top of the sub.
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Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments to our monthly discussion post.
We are not able to assist with these types of questions on reddit but have a variety of tools and resources to help our clients invest their funds and find an investment that fits their objectives and risk tolerance. To learn more about investing check out the "Getting started with investing" page on our learning center [here](https://www.fidelity.com/learning-center/overview).

To find research and tools to help you, click on the "News & Research" on fidelity.com on the menu bar. This will expand a sub menu where you will be able to learn about and research mutual funds, stocks, ETFs, fixed income, and more. You can also go to "Investment Products" on the menu bar to learn more about the types of accounts that we offer. [Click here to visit Fidelity.com](https://www.fidelity.com)

Fidelity Brokerage Services LLC, Member NYSE, SIPC

This post/comment has been removed for violating rule #2. - In regard to securities and investments

Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments to our monthly discussion post. We are not able to assist with these types of questions on reddit but have a variety of tools and resources to help our clients invest their funds and find an investment that fits their objectives and risk tolerance. To learn more about investing check out the "Getting started with investing" page on our learning center [here](https://www.fidelity.com/learning-center/overview).

To find research and tools to help you, click on the "News & Research" on fidelity.com on the menu bar. This will expand a sub menu where you will be able to learn about and research mutual funds, stocks, ETFs, fixed income, and more. You can also go to "Investment Products" on the menu bar to learn more about the types of accounts that we offer. [Click here to visit Fidelity.com](https://www.fidelity.com)

Fidelity Brokerage Services LLC, Member NYSE, SIPC

This post/comment has been removed for violating rule #2. - In regard to securities and investments

Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments to our monthly discussion post. We are not able to assist with these types of questions on reddit but have a variety of tools and resources to help our clients invest their funds and find an investment that fits their objectives and risk tolerance. To learn more about investing check out the "Getting started with investing" page on our learning center [here](https://www.fidelity.com/learning-center/overview).

To find research and tools to help you, click on the "News & Research" on fidelity.com on the menu bar. This will expand a sub menu where you will be able to learn about and research mutual funds, stocks, ETFs, fixed income, and more. You can also go to "Investment Products" on the menu bar to learn more about the types of accounts that we offer. [Click here to visit Fidelity.com](https://www.fidelity.com)

Fidelity Brokerage Services LLC, Member NYSE, SIPC

If you are going to trust a SIPC insured brokerage to hold your stock, you can trust it to hold your SEC vetted bitcoin ETF.
Telling inexperienced people to own their own keys is bad advice. As it’s a million times likelier that they will fuck something up, as opposed to say, Fidelity stealing their 25k worth of BTC and somehow getting away with it. Former is a real scenario that happens all the time, latter is a scenario that paranoid crackpots daydream about.

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No posts or comments that may contain misleading, unrelated, or false information. This includes theories that are untrue, statements making false claims, or commenting with unrelated information to the original post.

Fidelity Brokerage Services LLC, Member NYSE, SIPC

This post/comment was removed for violating rule #2. - In regard to securities and investments

In regard to securities and investments - This community is about Fidelity customer care and financial education. While we cannot recommend specific securities or investment strategies, we can provide Fidelity tools and research that may help guide you to find an investment. Fellow Redditors may also offer an opinion on investments. Fidelity doesn’t endorse any of the expressions, opinions or content posted by non-Fidelity members or any third parties on /r/fidelityinvestments. Do not rely on comments to form the basis of an investment decision. Always make sure to do your due diligence prior to investing. Remember to look for the flair to make sure it’s us! We’ll be labeled as “Community Care Representative.” We do reserve the right to remove any comments that are outside the spirit of our subreddit.

Fidelity Brokerage Services LLC, Member NYSE, SIPC

Have fun with no SIPC insurance and finding out there were no shares in your name at any point.

Color me impressed you built this as an alternative solution for Full View. Necessity is the mother of invention.
But this post is really soliciting feedback for a third-party app that you will allow people to tip you for which is not allowed on our subreddit.
This post/comment was removed for violation rule #8 - No solicitation, promotions, or 3rd-party content.

No posts soliciting or promoting opportunities to members of the community – for personal benefit or otherwise. Posts or comments encouraging others to seek help through other channels (alternate subreddits, 3rd-party websites, etc.) defeats the purpose of our community. Do not copy/paste copyrighted content from third-party sources into your posts.

Fidelity Brokerage Services LLC, Member NYSE, SIPC

No problem! So holding BTC on a brokerage like Fidelity or Robinhood isn't necessarily "bad," it just comes with tradeoffs:
Brokerages (Fidelity, Robinhood, etc.):
- Pros: Easy to use, regulated, SIPC protection on the brokerage side, tax reporting is handled for you
- Cons: You don't actually own Bitcoin in the self-custody sense. They hold it for you. If the company has issues, your access depends on them. You also can't send BTC to another wallet or use it for payments.
Fidelity specifically does let you buy Bitcoin through Fidelity Crypto, and they've actually been one of the more crypto-forward traditional brokerages. As for DCA: your buddy is partially right. Fidelity doesn't have an automatic recurring buy specifically for crypto last I checked (they do for stocks/ETFs). But you could manually buy a set amount every week or every paycheck, which is basically manual DCA. Some people prefer this anyway because it keeps you engaged.
Apps that DO have auto-recurring BTC purchases (built-in DCA):
- Strike (great for this, very low fees)
- Swan Bitcoin (literally built for Bitcoin DCA)
- Cash App (has auto-buy feature)
- River (Bitcoin-only, great reputation)
My suggestion for a beginner: start buying on a brokerage or an app with auto-DCA to get comfortable. Once your stack gets to a meaningful amount (whatever that means to you, maybe $1k+), learn self-custody and move the bulk there. You don't have to do everything at once.

This post/comment was removed for violation rule #8 - No solicitation, promotions, or 3rd-party content.

No posts soliciting or promoting opportunities to members of the community – for personal benefit or otherwise. Posts or comments encouraging others to seek help through other channels (alternate subreddits, 3rd-party websites, etc.) defeats the purpose of our community. Do not copy/paste copyrighted content from third-party sources into your posts.

Fidelity Brokerage Services LLC, Member NYSE, SIPC

But Morgan Stanley is somehow exempt? “Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Morgan Stanley maintains arrangements with JP Morgan Chase Bank, N.A. and UMB Bank, N.A. as NACHA-participating depository financial institutions for the processing of transfers using Zelle®.”

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The focus of this subreddit is for customer service questions about Fidelity products and services, money movement, transfers, and trading. This subreddit is not intended to address complex inquiries that go beyond the scope of normal service. Examples include legal or regulatory topics and questions asking about industry practices. We ask that you give thought if your question is something you would ask to a Fidelity support representative.

Fidelity Brokerage Services LLC, Member NYSE, SIPC

good question, most people dont realize assets are held separately from the broker itself so if vanguard or fidelity went under your shares would still exist. SIPC also covers up to 500k. for actually getting started i use Alinea Invest, fidelity works to if you want more control

This post/comment was removed for violating rule #9 - Posts that go outside the scope of customer service.

The focus of this subreddit is for customer service questions about Fidelity products and services, money movement, transfers, and trading. This subreddit is not intended to address complex inquiries that go beyond the scope of normal service. Examples include legal or regulatory topics and questions asking about industry practices. We ask that you give thought if your question is something you would ask to a Fidelity support representative.

Fidelity Brokerage Services LLC, Member NYSE, SIPC