Well, investing in new cryptocurrency project is very risky i must say.
Unless we know the project very well, we better take our money to another good existing project.
Although the risk is very high, the gain will be very high too (if only the project success in the future).
Experience in cryptocurrency project is very important, so we can know which new project will give us some decent profits.
not all new project was risky, alot of them have good future. personally if i didnt take risk on new project how could i find hidden gem in market ? take example,if investors didnt take risk for GMT maybe we didnt know this project was good and even give huge return only in months. dont generalize new project was bad, alot of them have potenct to be major coins.