Altcoins are doing so well in the market now even with the highs and lows. So if you're interested in investing in an altcoin, i would advice you buy either Ethereum or Litecoin. Ethereum because it the undisputed king of altcoins and the coin has proven its worth in previous times. You could also decide to look up other altcoins with extremely lower prices like Ripple and Tron, because this coins still have their prices at low amounts and if you invest in it, you will be gaining so much when their prices go up.
I concur. Both Ethereum and Litecoin are strong cryptocurrencies in the market today. They have been tried and tested over time and are proven to be resilient against external attacks from third parties. But, the most active altcoin in development and community support is Ethereum. It has gone a long way since its inception in 2015, to where it is right now where a lot of new dApps and tokens have been designed for it. What's best is that Ethereum will be upgrading its protocol over time, unlike Litecoin which lacks an active development team responsible of upgrading its protocol for greater scalability and efficiency.
But even if Litecoin is way behind of Ethereum in terms of development and innovation, it's still worth it as an investment tool because it's just like Silver. It's been very close to Bitcoin in terms of security and reliability, which indicates that it will be here to stay for quite a long time. And Ethereum is undoubtedly the best altcoin you can buy right now because it will become more expensive in the future, as it progresses in terms of scalability and features. The upcoming Casper PoS consensus mechanism for Ethereum will have a positive effect in its price, since its demand will increase because people would want to acquire more coins for staking and increasing their profit rate. Therefore, I think that prices below $1,000 for Ethereum are quite a bargain nowadays.
