This one i guess is quite simple to the most of you. Recently i am kinda feeling that the smart thing to do would be stop growing my portofolio and start to look bitcoin as the only crypto investment for me. Just want to now your opinions on this because besides forums i cant really discuss this matter, let me know.
never put all your eggs in one basket.
it is very risky to have only one cryptocurrency in your portfolio.
But Bitcoin is godfather, so can risk your money on that. but to stay safe better invest in other stable crypto currencies as well
I agree to this suggestion. You can invest in other coins to diversify. This will ensure that you will not loose all your money in case something bad happens to a particular coin. If you are investing only in bitcoins, you will also not be able to get returns like 50-100 times in a year as the prices are already quite high. This is possible with new coins if you are picking them correctly. While picking a new coin , only choose from top 50 performing coins. If the coin has been showing decent returns for last six months, you should go for them.