These days I am buying promising altcoins like LTC, ETH and XPR because altcoins prices are still suitable for buying, and the market is still down, Everyone who has studied the market says this right time as he sees it is appropriate, and you also have to study all types of promising ALTs that you would like to invest in and follow all news and articles and analysis of data and take advantage of the experiences of major investors through their accounts on the social media.
The aforementioned altcoins are the ideal ones to invest while prices are this low, in my own opinion. They've been proven to be quite resilient over time, with a large number of supporters behind them. My top picks would be ETH and LTC since they're one of the oldest altcoins in existence. Ethereum has been proven to provide secure and efficient smart contracts for the world, while Litecoin has been considered by many people as "silver" to Bitcoin's "gold". With every halving event on the LTC blockchain, it's hoped that it would become more valuable over time. That doesn't seem to be the case nowadays, since crypto is still in a bear market. But rest assured that once everything settles, major cryptocurrencies like LTC and ETH will skyrocket like never before.
Other altcoins like XRP and XLM are a great investment too, considering that they have partnerships within the financial industry. IBM is heavily backing the Stellar blockchain, while renowned banks are backing the XRP blockchain. Considering how prominent both cryptos been within the past years, I'd say that they're perfect as a long term investment. Right now, these altcoins and other major ones like Ethereum and Litecoin are cheaper than they've used to be back in 2017. Investing now while we're still in a bear market will allow you to gain greater profits in the future. It's all a matter of time and patience before most altcoins skyrocket bounce back towards their original prices.
Nonetheless, if the crypto market is in the "red" then it's the perfect time to buy alts. Once the whole market goes "green" again, you can sell most of your altcoins for Bitcoin or Fiat. In effect, you'll be earning much more money than a Bank account within a short time frame. Just my thoughts