One thing I did manage to learn over the years was
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It makes me a bit nervous for people who say they have put "everything" into this one stock.
I own 50% Cannabis stocks, 38% mining stocks, and 12% RMHB. Even though I only own 12% RMHB I have a strong position because of the low cost.
The best thing about diversifying is that I have three stocks set to break out on big news. So if one fails, there are still two more.
I bought RMHB at .04 and rode it up to .16 and like many others, have averaged down to about .035. I have to say that of all the stocks I own, RMHB has the most upside potential.