My main priority when it comes to buying and hoarding cryptocurrency is Bitcoin cause it's much more preferable to other ones when it comes to long-term goals, I'll advise everyone to own a fair portion of bitcoin in their portfolio but then nothing stops anyone from diversify to other cryptocurrencies after they've accumulated a fair amount of Bitcoin as well as having spare cash for diversification, anyways if am to diversify to Layer 1 alts, ETH, BNB, SOL and maybe DOT would be the ones I'll focus more on then if I'm to pick memecoins I'll go for the ones that's survived several circles, memecoins like, Doge, Pepe and Bonk, share your thoughts about this.
I did followed your plan, I accumulated BTC a year, held them, book 50% profit, and used the 50% from that profit to invest in alts, lost 50% of that amount haha, then made some profit, market dumped again, I booked more from BTC, used that to increase my investments in alts, and market dumped again, did the same thing, market dumped, to the point, where BTC was at $76k.
So you can imagine how much lose I am in right now. So, the point I am clearing here is, if we have accumulated, we making profit, we booked profit even, never become greedy like me, even how golden the opportunity is, stick to your plans, although I did stick to my plans which was to sell and invest in alts, but I end up in lose but there is a hope for me still.