What is the recommended amount of money a 21 year old should have saved in cryptocurrency?

3 answers

• SRIRAMSep 28, 2020 · 5 years ago
  Well, as a 21-year-old, it's great that you're considering investing in cryptocurrency. The recommended amount to have saved in cryptocurrency at your age depends on various factors such as your risk tolerance, financial goals, and current financial situation. It's generally advised to start with a small percentage of your overall savings, around 5-10%, and gradually increase it as you gain more knowledge and experience in the crypto market. Remember to do thorough research, diversify your portfolio, and only invest what you can afford to lose. Happy investing!
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• Marmil Sampang Tan MoL-MikeSep 21, 2022 · 3 years ago
  Hey there, young crypto enthusiast! The recommended amount of money to have saved in cryptocurrency at your age is subjective and varies from person to person. It's important to consider your financial goals, risk tolerance, and overall financial situation. Start by setting a budget for your investments and allocate a portion of it to cryptocurrency. Remember to diversify your portfolio and not put all your eggs in one basket. Keep learning, stay updated with the market trends, and make informed decisions. Good luck on your crypto journey!
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• PEREZ AMADOR EDUARDOJul 23, 2023 · 2 years ago
  As a 21-year-old, it's never too early to start investing in cryptocurrency. While there's no specific recommended amount, it's generally advised to start with a small portion of your savings, such as 5-10%. This allows you to dip your toes into the crypto market and learn from firsthand experience. As you gain more knowledge and confidence, you can gradually increase your investment. Just remember to do your due diligence, stay updated with the latest news, and be prepared for the volatility of the crypto market. Happy investing!
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