I have my bet on bitcoin to be on the safer side. And that makes me flexible that I can also bet and risk in chasing altcoins that are new. But I don't do that anymore because it has lost me a lot of money that I didn't like. If I am still that the same guy, I'd probably lose more than what I can afford to lose because of my ego that I'll likely find the better altcoin that would be moving as high as a 1000x of gain.
I will still stick with Bitcoin because it feels safer and more reliable. in the past, i have chased altcoins hoping for huge gains, but most of the time i just ended up losing money instead. but if i had like continued down that path!! probably i would have even lose more than i could handle because of greed and the belief that i could find the next big coin. the truth is i personally don't believe Bitcoin can give something lik 1000x returns overnight, but it has proven itself over the years and keeps showing real strength every bull cycle. Altcoins can be kinda exciting, but most of them rise and fall too quickly and at the end of the day many never recovers. but for bitcoin!! it has gone through so many crashes and always found its way back up with even high price more than where it was before it crash downward.
Yes, that's also me. I've experienced that and that's why if I am going to be with the alts, they're the ones that I am holding already and not going to buy at this moment with any of the new launches. While the real traders and hype chasers, they can make money out of it and they know the risk. But as for me, I am not going to take time for it because I know that I might take some losses again if I continue to do the same strategy for spotting new good alts.