Of course not. Always diversify.
Thats right. Problems may occur if we only do it for just one coin. A good trader never leave all in just one basket. Better to have something left outside of it rather than risking everything although the return will be higher, the lost could also be stronger with that high risk.
There is no telling when it could go down. No one really knows when it could happen.
That's right an expert trader didn't rely in only one kind of businesses instead they find another kind to be one of its investments likewise in cryptocurrency. We all know that bitcoin has a potential to make our return of investments trippled the value of your capital and yes it was assured that it could be but the risks that you may take is also higher. So if I am in that situation I wouldn't place all my funds in one kind of crypto but instead I would divide it and put some in ETH or any altcoins just for sure.