Yes, we are definitely on the same side about this one. In my strategy, I actually don't mind putting money on coins I don't like or support, I trade these and put the profits on my long-term investments. It's a clear separation of trade and investment.
I actually just wrote a short post about this if you're interested.
https://steemit.com/cryptocurrency/@fabes/investing-differently
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I could not agree with you more. Who am I to predict which ones are going to go up or down? I'm invested in about 200 of the most popular coins (I have accounts on 7 or 8 marketplaces), including ripple with the classic HODL strategy. However, I have a problem with people throwing everything into XRP and pumping it and moving that money away from those other ones. It's not the best point to make I guess, but I just think people should be wary. EVERYONE should invest exactly how you are describing, but I see a lot of pumping and dumping instead, which I think can be harmful in some cases, especially if people are blindly throwing themselves into Ripple specifically