The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
Many people will choose bitcoin because have stable price and when bitcoin down can back up to higher price, just some people want to invest with altcoin and have big risk when altcoin have lower price need three years later to get back our investment money in altcoin, but have benefit by investing with altcoin because can increase to higher price more than 100%.
The advantage of bitcoin is its durability and outstanding growth after incidents but apparently, the cycle of this process is relatively long, sometimes months, sometimes almost a year, depending on manipulation, our money really won't grow if we don't have too much money and time to buy bitcoin. Altcoins do not have superior parameters and are more risky, but profits will be faster, and unlike you say, many people choose this option, instead of holding bitcoin because the reaction to altcoins is very regular, understanding this rule, our wallet will thicken very quickly