I don't like to diversify from Steem. Still feels like the best project out there from my perspective. Competition is good, but let's us be real here, everything depends on BTC. Once BTC recovers everything else will recover, probably most of the coins will recover.
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My main holdings are STEEM, EOS and VeChain, need to increase my STEEM to get the same % in all three, i like to diversify because i don't like to put all my eggs in the same basket, if the basket drops i lose all my eggs