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?
You will be at risk when investing in any cryptocurrency but if you invest in a project that is new and does not have a solid foundation and has existed for a long time, the risk will definitely be higher than those The project was popular and many users . I rarely invest in new projects because it always involves extremely high risks for me and I only invest in projects that have come a long way and my main purpose is to keep and long-term storage that's why it's my investment choice.