and it's better to choose coins from top 10 for the majority of your portfolio and from top 20 as a smaller part.
Even that can be dangerous if we look back what coins were in the TOP 10/20 just a few years ago and where they are now.
- Litecoin used to be a Top 5 coin. It's now in the 13th place.
- Steller is slowly dropping out of the Top 20.
- Monero and EOS have already dropped out.
- I remember that NEO was in the Top 10 a few years ago. It's sitting on #41 today.
- Iota, Dash, DigiByte, Verge have it even worse.
I'm not reading any further, this post sums it up for me, and its something I posted before
about "the current flavour". Altcoins are really temporary, they spend a time being the focus
of attention then to be replaced by a newer project.
I de-diversified my crypto portfolio about 2 years ago I think, almost everything got
liquidated back into Bitcoin.
Diversification as @o_e_l_e_o posted is in many different areas, Crypto, Property, precious metals,
stocks & bonds, Art, Cars, collectables.