Great information, thank you. Personally, I recommend to diversify even more. I look at the coins ranked higher than 500 on Coin Market Cap as having the most potential for growth. If a coin has a very low market cap today, then it's potential for growth is much greater than a coin which already has a high market cap. Just my 2 cents.
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True, but do keep in mind the lower ranked the coins, the more risk! Most of the lower ranked coins will go to zero, no matter what their whitepapers promise.
You have to manage your risk and this app lets you do that. You can list lower rank coins on the app but I would recommend to have a healthy portfolio that also includes the higher ranked, less risky ones to offset huge losses.