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.
Maybe sometimes, when you split your eggs will reduce your profits ? Like you win some at this basket but you lose some at other , so the result is draw, nothing happen just only you're cost time for nothing. So i suggest is dividing salary but not in the same part, you should choose which is the better one to invest more than other which you think it's not good as the main.