There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.
when it comes to altcoins it has nothing to do with being an "early investor". it is all about entering
when the pump is starting and exiting when
the dump is going to start.
A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.
what you saw wasn't probably a "study" it was some nonsense by some news site.
bitcoin dominance has always been more than 90-95%. the market cap however has been growing and some shitty sites like coinmarketcap.com (because of their name) are calling market cap as dominance. and the only thing it is showing is that altcoin bubble is bursting.
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
investing in ICO/IEO is always a terrible idea no matter what the total market cap is. even if it was at 5% it still would be a terrible idea!