What is Altcoin
Altcoins vary greatly from some cents to thousands of dollars.
Some Altcoins serve more than just the exchange of the coin and sometimes may be labeled as "Utility Tokens" or "Security Tokens".
Altcoins share the Bitcoin-related investment risks. A lot of the small altcoins are also highly volatile. However well known Bitcoin contenders are well known altcoins such as Ether and XRP.
Investors interested in diversificating their crypto portfolio should know that Altcoins serve as a decent solution for such purposes.