Whats the best altcoin right now. I wanna invest 5000$
For me, the most important thing to consider before investing to altcoins is to diversify or divide your capital into parts nad invest each part to different altcoins. Altcoins are indeed the best choice for investment especially at this time that bitcoin price is at its peak. My choices for long-term altcoin investment are LITECOINS, RIPPLES, WAVES, and STEEM. The prices of these altcoins are comparatively low (which is a good point when you want to buy a bunch of them). Ripples price is at $0.2, Litecoin at $56.70, Waves at $3.5, and STEEM at $0.97.
These altcoins also belong to top 30 altcoins with highest market cap. Ripples has a market cap of $8,265,284,820 (3rd), Litecoin has $3,032,089,394 (5th), Waves has $353,870,000 (20th), and STEEM has $236,478,875 (25th). High market cap means high chance for its price to grow.
NOTE: (The following prices are rounded and recorded as of October 22, 2017)