What is expected of us as bitcoin holders is to keep hodling our bitcoin in our portfolio and never to sell until bitcoin reaches our speculated price before we can be able to sell some part of our bitcoin holdings.
That right, We also have to think rationally when holding BTC coins and don't be quickly influenced by liking other coins when they go up, continue to exchange them for our BTC to hold the damn coin and that at any time can be a disaster for us because we don't know about its future even though it exists which says we will get double the profit when the market recovers.
That's right, you can choose another altcoin with a price and capitalization that is still low so you can get extraordinary results in the future. However, you still have to stick to Bitcoin.
Diversification is very important to minimize large losses.
You are not giving out a good advice on investing in bitcoin. When a newbie is investing in bitcoin, he should only stay focus on bitcoin and forget about altcoins. This is because investing in altcoins is a waste of time, and will make you lose focus on your bitcoin investment journey, since they are used for pump and dump. They don't have the potential to give profit in long term but losses. I don't see altcoins as an investment, rather I see it as gambling. You are talking about diversification, when you don't understand what it means. Any bitcoin investor that want to diversify can do that when he feels that he has acquired enough bitcoin or 70% of his bitcoin that, because he feels that he has invested so much on bitcoin and want to invest in other asset. When you are diversifying, you don't diversify into similar investment, like altcoins, because bitcoin price controls all other cryptocurrency. You should diversify into a difficult asset, like properties, stock, bond, real estate. So that if one of your assets is not doing weel as expected, the other one can balance up.