Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
right, it is not at all a very good approach to turn out all your paper money into bitcoins. Though bitcoin is really good way of investing money but even then, you really need to have something in your account as your backup. There are still number of places where you do need to have paper money for buying different sort of things as well as for spending of money. You need to divide your money into two parts, invest one part into bitcoin while the second one.