New projects are very hard to trust because there are no bodies or regulations set aside to run checks on new projects to give a 100% assurance to investors of good returns after investing. Since the entire effort to identify the authenticity of a new project lies in the care of the investor, there will certainly be a level of fear when investing in new projects.
That's true. I think its not fear of new projects but the potential loss that can be incurred on this new projects. No one can blame people for not supporting these new coins. For other's I mean crypto enthusiast it is just a garbage added to a disposal list. (Mostly) I think that's true out of 100 new projects maybe 10 of it only has a good concept and new idea about crypto. So pretty much obvious why right?