Altcoin season has started and will get crazier as we enter 2025 and I don't see any problem if people start moving to altcoins for better profit opportunities. But i wouldn't consider this diversification as the entire altcoins are still dependent on bitcoin. If bitcoin price corrects or suddenly drops, altcoins will also suffer the same fate, so it cannot be said that investing in altcoins is diversification to reduce risk.
At this stage, it’s less about reducing risk and more about maximizing profits. Bitcoin might struggle to double its current price, but altcoins? I'm seeing the potential to skyrocket by 200% or even more.
When altcoin season kicks in, prices can skyrocket like crazy, and we’ve seen it happen before. Those past bull runs have already given us a glimpse of what’s possible, so if history repeats itself, we could be in for another wild ride in the altcoin market.