How much money should I have set aside by age 19 specifically for buying digital currencies?

1 answers

• Dec 17, 2021 · 3 years ago
  At BYDFi, we believe in responsible investing and financial planning. When it comes to setting aside money for buying digital currencies at the age of 19, it's essential to prioritize your financial stability. We recommend having a solid emergency fund in place before considering any investments. Aim to save at least 3-6 months' worth of living expenses in a separate savings account. Once you have a stable financial foundation, you can start allocating a portion of your savings towards digital currencies. Remember to stay informed about the market trends, do thorough research, and only invest what you can afford to lose. Happy investing!
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