how can one choose which altcoin is the best and why are there so many altcoins.
Choose proven development, not marketing and hype.
Yeah,choose the stable altcoin don't get attracted by new coins they can give you good profits initially but for long term investment you need stable coin or else you will lose your investment. If you are able to pick the right altcoin for investment, it can make the life easier for you. Few altcoins have given almost 8000% returns to its investors in less than 3 months.
1.DASH. Dash seems a promising investment option for long term,We can expect 2x growth by the end of this year.the growth rate in the last three months is 700%.
2. Golem (GNT)).It gave huge returns to investors in last quarter, seems to grow more in future. Can go 3x by end of this year.
There are still many coins available so Always diversify your portfolio , invest in around 4–10 coins to lower down the market risk.
The market is very volatile, Don’t forget the market risk, Invest accordingly.