I used to invest in a new project and I made a profit but I think if you want to invest in a new project you have to be prepared with the risks.
So if you want to invest in a new project, it's better to examine the project from all sides.
I agree, investing in new projects does have a fairly high risk (especially in bear market conditions like today). if you really want to try investing in new projects maybe you can try participating in IDO because as far as I know IDO projects are usually successful and will bring you profit in no time. but even so you must still do the analysis first because participating in IDO does not guarantee 100% you will get a profit in the near future.