I am just trying to convert all my earnings into crypto now. I exchange them to fiat or spend them when I need it. Otherwise, everything will be in crypto, mostly bitcoin and only sometimes it will be in my favorite altcoins. At least 35-40% of my earnings goes to savings.
This is very dangerous, even you like crypto that much, you need to save some fiat currency so that you don't cry if a major market crash happens ever.
Your life would got messed up if market crashes to the bottom and all of your assets or money go all in on crypto and as you said its really a risky and dangerous thing to do.We should always set-aside on savings and prioritize insurances and common needs on our daily living.10% allocation would really be already enough i guess or its still big for me and also this is only the amount i can able to risk.
This is the best thing to do when it comes to dividing your salary .You should not spend a massive amount of it on buying the cryptocurrencies because once the whole system would face a crash down , everything you have would disappear as it was not there at all.
In m point of view, the bigger amount must b spent for the sake of some safer investment in the field of business or so hence to get the profits doubled for future use.