hello everyone i want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
Investing in a new project is still worth it, in fact, I have a second set of portfolios exclusively for new coins, mostly play to earn coins, and blockchain-based projects, as long as you dig deep in the project and you will not feel depressed on the outcome of the project, I don't see any wrong investing in a new coin, it's great to be one of the early bird of one good project where you can make 1000% return after a few months or year of holding, just like what happens to Solana early birds.
Wow, that is good for you mate. You'll be in success not by through luck, well, I guess not but it was because you've made the right choice of picking up legit projects over these thousand of new (fake) projects.
This can't be deniable since many people had made their way good to investing new projects and perhaps, I have made that also but, of course, it doesn't work always, sometimes we've got tricked. I've suffered some losses but still not the reason for not investing again, there are some new projects that are worth trusting.