Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. Many of the new cryptocurrency was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?
For me, investing in new crypto tokens has a higher risk than other existing coins. Like for example my friend invested in minex years ago. It seems to be a promising coin that time. I think its ATH is more $50 but look at that coin now, it is untracked in coinmarketcap. Unlike bitcoin or eth, its price are still pumping from the year it was introduced up to the present time.