Bitcoin and Ethereum are overvalued now and it is impossible to earn big profit on them.
That is why now people are looking for new and prospective for investment project to have maximum profit from investments.
with current fundamental in market i dont think bitcoin price overvalue now , there alot support from many government and recently Russia will adopt it too. with current situation we have more certainity about bitcoin and ethereum future, there should not fud could shake market deeply anymore. investing in new coins mostly for some reason beside new perspective, it also contain speculative reason gaining huge profit in short time.
Of course, if you are willing to accept the risks that it can bring. Investing is risky and investing in new projects can bring many times more profits, but it also makes you lose a lot. Before investing, just do your research before investing don't listen to someone's advice.
No one can tell you that project will be profitable or a scam. The decision is yours and take responsibility for your decision.
make sure we have deep analisys in project that we will invest, dont ever trapped or influenced by someone which is known as popular figure. take them as second or alternative opinion only, all decision back to our own analisys.