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.
I preferred most in the top altcoins in the market rather than wasting my time searching for new projects. The number of altcoins keeps growing almost everyday but look, the majority of them are worthless and shameful projects. I don't how this be going to happen but I feel that it helps to destroy the market image and even to give fear for the community that they will just only lose their money of they will invest.