Not all new coins are profitable because most new coins fail, or some become a scam. I think to take the safe way is an old coin because the old coins most of the projects are already running this can make old coins make profits in the future
yes, indeed all new altcoins may not be able to make a profit, but there are also many new altcoins that can generate profits, so that everything can happen, but to choose to buy to invest or trade all the options within us that can determine all that, and big or small profits, of course, from our own speculations and predictions.
most new coins released in exchange are disappointing at the moment. not like before when we heard the coins that were first released in exchange will be the focus and great attraction of the community. now everyone seems to know if a new coin will definitely dump and it might also end badly.
now more people focus on altcoin in the market. because it is more predictable than the new coin price movements that may be within a matter of weeks can end up scam.