Hello guys, having been here for a while now, I feel that having a higher percentage of your portfolio on bitcoin and maybe the rest 30 or 35% on already good and established altcoins like ETH, BCH, Stellar, brave. BNB, Vchain, etc, is a good way of staying away from useless projects. I have come to an understanding that running after new promising projects always leave you heartbroken in 97times, and running after IEO to quickly make up for past losses lead to more havoc on your fund. So stick to the safe zone.
So you consider new projects as bad projects, not necessary but most of them or a majority of them are useless projects, only risk-taker are investing in these new projects, because it's more like a gamble you can win or you can lose but the percentage of loss in investing on new projects are very high.