Diversification of your investments into shitcoins in this era is a waste of energy. Most shitcoins don't even survive few hours stake and you're already running at loss. When you are rightly informed, your attitude towards bitcoin and shitcoins would be clearly established. Anyone who seeks knowledge before investing would understand that it's only bitcoin that should be trusted no matter how the market behaviour looks like today. A limited asset would never run to dust at any point even after exhaustion of the total possible coins. If it's not bitcoin, it's real estate and that's the proper plan in this Morden world where wealth is sacrosanct.
Not only a waste of energy but also resources knowing that lots of shitcoins right now is just a pure scam.
That's why they better avoid thinking about diversifying their investment on shitcoins because for sure they won't get any sustainable profits with that tokens especially that everything there is unstable.
If we look at the situation and performance for many years Bitcoin is the only consistent coin that shows positive growth. Many promise about they go the same as Bitcoin but for many times they just fool their investors and scammed them. So better focus on Bitcoin only if they aim for long term and don't let their selves get fooled around by fake promises which might end them up getting scammed.
Investment in alt and shit coin is no diversification, it's gambling in the highest order, because how would you risk your hard earned money for something that has proven over and over again that it falls more than they rise, and when it falls, it's only like 3% of it that will ever recover back to where they fell from, so how is that diversification when compared to Bitcoin that will always recover anytime it fell, and in most times it recover to a better height more than where it fell from, so I don't literally see investment in alt or meme coin as diversification I sees it as risk people take just because of greed for 10x to 100x, or as for the newbies, I would say that it's because of ignorance or misinformation that they got about it that makes them thread that path in the first place.
When talking of real diversification, we should be talking about diversifying into real estate, gold stock's, etc not alt or meme coin.