Diversification is for people who don't know what to invest in. If you did your research and decided to put money into a project, it's because you know it will go up.
I don’t know about ‘knowing’ for sure. We are all just speculators here. No one knows for sure which ones actually will go up but we’ll still take our chances if the chances look good.
If having a 'portfolio' full of crap is your way of being a 'smart investor,' go ahead.
It’s just a precautionary measure as well, in my opinion. Like I said we are investing in very volatile assets. We don’t want all our money in one project because if something happens and it crashes, that’s already all our money invested. Not much to fall back on.