Thread for $link marines about altcoins, altseason, and 'diversifying'
1/ Despite what #bitcoin maximalists may think, there will definitely be huge growth in some altcoin valuations during the next crypto bullrun, which will likely be led by #bitcoin breaking all time highs.

2/ MANY will again exceed #bitcoin gains, but many won't. History will not repeat as before, retail are slightly more clued up and less likely to be suckered into absolute garbage and pump and dumps. The alts to perform will mostly have some utility relating to smart contracts.

3/ $LINK I firmly believe will be near the top, $ETH despite many many misgivings, will also do well given other blockchain platforms are garbage with little developer share and no network effects. De-Fi+digital dollar+offchain execution to solve scaling+staking will ensure that

4/ Diversifying into many altcoins to try and maximise gains - this really isn't necessary, especially not before the blow off top/raging bullrun phase (think H2 2017).

5/ Being in the above 3 are already HUGE asymmetrical bets and the least risky. Most can hold onto them and weather 40-50% drops without issue. I see people repeatedly buying lots of alts which they feel have promise, then re-entering $LINK or $ETH or #bitcoin during market dips.

6/ This trading/gambling (it's not investment if you chop and change every few weeks) accumulates tax issues, stress from monitoring your various assets and makes holding MUCH harder.

7/ Just hold a comfortable allocation of the 'blue chips', add on dips and STOP FOMOING every time alts get a little run. Buy all the other coins later when we're near the end game with a small trading allocation. Your life will be easier and more comfy.