We should think more about the risk of having all your investments in one single portfolio, such as bitcoin. Bitcoin happens to be the most reliable cryptocurrency for investment but at the same time, Bitcoin is a highly volatile asset. So I will still advise you to diversify your portfolio into multiple sources.
I agree. It is not uncommon on a
BTC forum to have people who have either all in bitcoin or a very significant part of their net worth in it. I prefer to be diversified.
The problem with having it all in
BTC as the OP comments are that some people panic when things don't go as expected and sell at a loss.
Such sell-off is what tesla did recently offloading about 75% of their total bitcoin holding, and the company sold the Bitcoin below the purchase price which is a taxable and capital loss.