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RE: It's irresponsible not to have a 1% allocation to Bitcoin
Bitcoin is going to hit its transaction cap, thats why BCH was made in the first place. Litecoin is poised to replace BTC however, being #4 and sharing the first to market advantage - it being used by all the ATMs for example. When BTC caps out, LTC is the most likely to replace it.. has a much higher reward potential considering it stands to go from 5B to 200B, before it goes like 5x from there. Easily aiming for 1 trillion market cap. Its over 8x faster than Bitcoin, has no transaction backlog. When it costs 50$ and takes 2 weeks to send Bitcoin you will be happy you bought Litecoin instead.
We are a ways off from there:
https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#2y
Now that segwit has been widely adopted, it's not going to happen like it did in late 2017.
I'm sorry, but I think there is about a 1% chance (maybe even less) that litcoin replaces bitcoin with a higher market cap. To be honest I am not sure why litecoin even exists really. It's not different enough from bitcoin to garner such a high valuation.
Moving $450 million for $40 is pretty good when compared to legacy financial systems:
https://thenextweb.com/hardfork/2019/07/29/bitcoin-whale-moves-468-million-crypto-fortune-for-less-than-400/