As you can see on the coinmarketcap list over 10,933 coins are being competing to make the best coin next to bitcoin. And we all know only few coins will survive over the years which have its real used coin. It comes to the point that altcoins are best alternative investments coin when value of bitcoin is really expensive.
I would not even look at coins that are beyond 100 if I am going to invest, if you are going to invest it's important that you look at the volume and the exchange where is traded, it should be on top of exchange and they have a product that they can offer to the community and a platform, that will contribute to the enhancement of Cryptocurrency.