I am new to altcoins and have read that it is a good crypto currency. I found a faucet list as well from where I can earn altcoins:
https://bitcointalk.org/index.php?topic=910196.0However, which wallet is good for altcoins and what is the worth of altcoins in terms of BTC or USD?
Every altcoin has its own wallet. You might want to just use an exchange as an altcoin wallet if you are not looking to buy /get a large amount.
ANN pages usually have links for downloading the wallets.
Thanks for telling. I just went through the faucet list and most are for bitcoins and satoshis and the allet usd is Xapo which I already own. I can't get which is for earning altcoins and the price of altcoins as well.
Altcoins are different coins. There are Dogecoin, Litecoin, Monero, Darkcoin, Magicoin, MaidSafe and a couple thousands of other coins.
Bitcoins are like Dollar and satoshi is like cents (more or less).
You can see for example Darkcoin like Euro, Monero like Pound and so on.
Each different type of coin needs a different type of wallet (in the same way you can't have Dollars and Euro in the same bank account).
Which altcoin has a future and which doesn't... that's a very big debate, really, and you will have to decide for yourself which to invest into.