Not all new coins are bad, I'm not saying you should start mining new coins but I saying you should be on look out for new POW that makes sense, no one expected ETN to be this good and I missed a good opportunity to mine that coin even when I could, a friend made 10,000$ from ETN through mining, good project is all that matters
Yea sometimes new coins are worth the risk, I've seen many making more money from mining new pow coins and most of them don't last for long before the lose value, the trick is make your gains and sell the coins because you can not tell what will happen to such coin later