How much should a 26-year-old allocate to cryptocurrencies in their savings portfolio?

3 answers

• Kamir Iqbal KamiAug 05, 2024 · a year ago
  As a professional in the cryptocurrency industry, I would recommend allocating around 5-10% of your savings to cryptocurrencies. This will allow you to participate in the potential upside of this asset class while still maintaining a diversified portfolio. Remember to do thorough research and only invest what you can afford to lose.
  334

  167
• khushal colabDec 13, 2022 · 3 years ago
  Hey there! Investing in cryptocurrencies can be exciting, but it's important to be cautious. I'd suggest allocating around 5-10% of your savings to cryptocurrencies. This way, you can potentially benefit from the growth of this market without putting all your eggs in one basket. Just remember, the crypto market can be volatile, so be prepared for ups and downs!
  363

  121
• Tomas CasildoDec 10, 2022 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, it is recommended to allocate around 5-10% of your savings to cryptocurrencies. This will allow you to diversify your portfolio and potentially benefit from the growth of this asset class. However, it's important to note that investing in cryptocurrencies carries risks, so make sure to do your own research and consult with a financial advisor if needed.
  410

  103