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.
Yes that's true. Don't put all the eggs in one basket, those word always come in my mind when I got my salary in bitcoin/altcoin. I choose to divide my earned in bitcoin in converting the half in fiat and used the other in business for another source of income. It is simply if I put all my money in bitcoin and crash, all my hardship will lose. And to avoid that we need to build another way of earning to secure the future.