What are the advantages and disadvantages of using all types of fishing lures for different types of fish species?

Using different types of fishing lures for different fish species can be advantageous as it allows for versatility in targeting specific fish behaviors and preferences. This can increase the chances of catching a variety of fish species. However, the disadvantage is that it can be costly to invest in a wide range of lures, and it may require more skill and knowledge to effectively use each type of lure for different fish species.