I'm thinking about investing a small amount( few hundred) in one or two of the crypto that are at a fraction of a cent. If it goes to nothing it was worth the entertainment. If they go up to .20 I'm a millionaire.
Or I could blow that 300 in 20 min on my range.
I don't have any faith in them but would be something to play with and probably better odds than the lottery.
You'll be better off with the lottery than in any of the thousands of scammy "cheap" coins that play into your unit bias and have flashy marketing. Short term you may get lucky, long term you're guaranteed to lose IMO. Here's why:
Network Effect: Bitcoin has already captured enough network effect it will be extremely hard to top. It has the name, it has the infrastructure, etc. Don't think of "crypto-currencies" like companies, think of them like a bunch of new internets competing. Almost all the innovation happens on the one that is most transparent and with the most network effect.
Distribution: Bitcoin was fairly distributed. It was worthless for several years while the code was open source and available for anyone to participate (still is open). Every new "crypto" coin after it had/has predetermined winners and losers. Bitcoin has almost a biblical "immaculate conception" type story. Pseudonymous creator, hasn't spent a single UTXO. The 2nd biggest "crypto" not only has a face that still controls it, it also had about 70% of the initial supply that was held by insiders at launch.
Decentralization: 10's of thousands (if not 100's of thousands) are running the bitcoin protocol on supercomputers all the way down to tiny little home assembled raspi computers. These are nodes, not to be confused with miners. Nodes keep everyone in the system honest and also allow one to verify that they hold the underlying UTXO's ("coins") for themselves. Most new "crypto's" have taken the easy scaling bait and tried to be "all things on the blockchain". The amount of data they need store is enormous with lead to only specialized hardware being able to run nodes which price out "the little guy" from verifying the system for themselves. We just end back where we are now....."Trusted third parties are security holes". Bitcoin has taken a layered approach to scaling, keep the base as simple as possible for everyone then build upon, just like how our internet mostly operates.
I could go on but I'll leave it at that. Good luck gambling either way.