This is one of the big mistake most Bitcoin investor do because they taught to to that Ethereum is a bit reliable, they actually don't know that Ethereum also have that characteristics of being shitty on the longer run, so now that their is a correction in the market, it's an opportunity we should be using to buy aggressively if we have the reserve funds in place to make it happen.
Finally, thinking that Ethereum is reliable is like choosing a shit coin that is less shitty, not knowing that these other coin are just full of shit.
In as much as ethereum is dependent, i don't think if it is reliable for one to diversify into this coin. Since they can't work on thier own without the help of (bitcoin) and I noticed that bitcoin have been fueling alot of
coincoins in the market and of which ethereum is a perfect example of this
coincoins. One of the reason why most people think that ethereum is reliable is due to the statement that ethereum is next to bitcoin, alot of Investors get mislead due to this saying, most guys see it as a huge opportunity to invest as much as they can since they missed out the opportunity to accumulate bitcoin during the early phase, alot of this guys was hoping that the potential return is going to be the same with that of bitcoin Since they're told that ethereum is next to bitcoin, this is why sometimes is good to conduct our own research to avoid making unnecessary mistake.