Diversification would really be the best if we do really tend to consider out on potentially be able to earn on multiple coins/tokens specially on this upcoming bull run. Potential profits could really be also
that much bigger in comparing when you are really just that simply holding Bitcoin into your portfolio.It would really be just that depending on you whether youwould really be that focusing into a single point
or would really be making up some reconsiderations on touching up altcoins on which this one wont really be bad. Every coin/tokens listed on the market will really be having that potential on overtaking Bitcoin.
Well, there is no other term when picking up multiple coins other than diversification. In a bull run, not just one but multiple coins are pumping up, this is why it is also a good idea to do diversification in order to maximize its effect/potential.
The only downside of diversification would be is losing more when there is a bear market because a lot of coins are also dumping during this time. I wouldn't include/add "manage" as one of its disadvantages, since like I said earlier, a lot of coins will still move on the same direction. Diversification seem to be not really dependent on knowledge but more on a capital.
So, if you are a person with lots of it, you will surely consider it but if not, then you won't. In terms of investing, there are people who prefer alts over BTC.
I think it is because they think alts are still lighter, so it has more potential to pump higher. In terms of usage, alts are also unique. They have this smart contract which allows them to have multiple use cases. Not to mention that their fees and speed are also much better than in BTC. So the people who are in this category can as well consider altcoins over Bitcoin. Despite of it, none of the altcoins have still overtaken Bitcoin.