Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.
Diversify is the only method to minimize risk and learn about speculation. This method need big money and mostly only take number 1 - 10 from coinmarketcap list, for safety of course. This method is not fails because all strategy depend market condition, calculate again and stop if the result is not worth.