You best bet is to invest on BTC, forget the rest of the altcoins under $1.
For overall growth BTC is the king, even if you are investing only $1000 still go for BTC.
If you intend to do lot of buy and sell and do enjoy the trading part of it only than go with altcoins and do your research. All the the altcoins may or may not go up and you will need to do lot of your own research to pick a coin and that you may have to wait for few months to gain any real profit.
Most of these new coins have great ideas and great road maps, and by the time they deliver that (in 6 months to 1 year), a new coin comes out with the better solution and better idea, meaning that original coin will never go any higher and the general public would have moved to this new coin.
Any altcoin to be successful whatever their use case may be, first of all it needs network adoption (Miners, masternodes, PoW, PoS, etc), second it needs mass adoption of users.
Every time a new coin is introduced, lot of miners get on the network to mine the initial easy blocks and when it gets harder and the price of the coin doesn't move, these miners lose profitability and move their hashing power to another new coin. Lot of these new coins will simply never be able to achieve proper network adoption.
Simply put these crypto space is moving lot faster these days, and the new coins with road map of over a year will never be able to retain the network capacity. Lot of investors may still hold the coins but that's not true for miners.
Best to stick with already established coins BTC and ETH.