[Diversification within crypto hardly makes sense beyond maybe 90% bitcoin and up to 10% shitcoins, yet surely guys can do what they like, and even make dumb diversification decisions when it comes to bitcoin versus shitcoins.
Over the years, I have come across all kinds of scenarios in which guys are either ONLY allocated into shitcoins, or maybe they ONLY have 10% to 20% in bitcoin adn the rest of their value spread across various shitcoins.
in my own opinion those guys who only have 10% to 20% in bitcoin and the rest of their value spread across various shitcoins, they are investing wrongly in the crypto space. normally guys can do what they feel like
to do in the crypto space, but come to think of it, how can investors with good knowledge and good understanding about cryptocurrency only chose to have 10% to 20% in bitcoin that is store of value and potential returns when buy and hold for long term, and then spread the rest of their value in shitcoins that are no store of value with potential returns. A good investor that is knowledgeable will hold 80% to 90% in bitcoin and 10% to 20% in shitcoins and not doing otherwise.