If you are a long-time investor in this market, you definitely have to change this mindset. In my opinion, new coins are a good choice for you to become rich from this market because if you choose to invest only in the top 10 coins, the chance for you to make a profit is very low.
I am only interested in the new coins that people are talking about recently because if you choose a potential project, the opportunity to earn huge profits will be very easy.
I think the risk is the same, between old projects or new projects. New projects do come fresher with good updates. but their market is fast to collapse. it's not good for the long term. Old projects have a slow development, but it all depends on the market situation. the most important thing in investing in new or old projects is the best moment. looking for that difficult moment.