Like any good currency it should be backed by SOMETHING.
In the good old days currency was back by gold and even latter it was gold period. Now in the day a endless fiat currency it has lost all true value it is simply debt or better put I.O.U's.
When investing in cryptos for the long term think of it like a true investment.
BITCOIN has more or less become the reserve currency for the alt coins and only has 21 million coins max
STEEM its back by a social media site
RIPPLE which I dont like because it centralized has a Japanese bank that is going to use it which gives it value
MONERO is interesting it has its own code and prides it self on extreme privacy
The vast majority of cryptos are just a cut and past code from bitcoin or litecoin. That's basically a pizza with a slightly different toppings, big deal!
When investing into any currency long term it would be wise that it is backed by SOMETHING that gives it value other that just pump and dump hype.
If you know of any other good crypto that have legit value let me know it the comments below.
Follow and gain my coalition of cryptomaniacs