According to a new Twitter poll, over half of crypto traders on Twitter appear to hold the majority of their portfolio in altcoins, rather than Bitcoin…

The poll was undertaken by a cryptocurrency analyst, and prominent member of crypto Twitter known by the handle: DonAlt.
The poll asked a simple question: ‘How much of your portfolio is in altcoins?’
The results varied but ultimately revealed that 47% of crypto traders on Twitter held between 60-100% of value in altcoins.
A mere 23% of respondents hold 0-20% of their total portfolio in altcoins, alluding to a portfolio made up mainly of Bitcoin.
While Twitter polls can’t be classed as a verified and accurate source, with over 10,000 results, it does give us an indication of the general sentiment around crypto Twitter.
DonAlt addressed these statistics with a fairly concerned tone, stating that holding a large amount of capital in altcoins was a “bad idea”:
One user seemed to agree, stating that holding alts over Bitcoin was a recipe for disaster:
Another suggested that it really depends on the size of your portfolio as to whether or not you’re truly at risk; adding that staking a lower amount on a high-risk asset could produce a much better return:
To be fair, It’s hard to not to stray into altcoins when you take a look at their historic gains over bitcoin.
For example, year to date returns on many altcoins have been huge in 2019, including Litecoin up 186%, Binance coin (BNB) gaining 207%, and PIVX returning a massive 335% since the start of the year…
In comparison bitcoin has returned just under 40%, nothing to be sniffed at but only truly momentous for those with a large stake.