That's exactly my thinking, long gone are the days of an ICO where simply creating a token creates demand. If I'm not careful, I end up with too much investment in altcoins. I'm going to try to hold BTC roughly equal to its dominance % with the rest in a few others I closely follow like ETH and Hive (not including HP).
I think these days 2000-7000HP is required to use Hive to its full potential, 25k~150k is required to have influence. Hive is still very new and it hasn't found its level yet. There are also a lot of power-downs happening. My thought is this is great for distribution and the long term outlook, but in the medium term, we could see a little decrease to a price similar to that before the split (15~20 cents). I'm following the statistics closely and so far I like what I see.