It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
Investing in new projects is a good idea, it implies a large profit, but at the same time an increased risk. Allocate a part of your portfolio for investing in new projects is still worthwhile, I think, especially for small deposits. But do not invest in new projects, if you do not have at least the basic skills of analyzing projects and their tokenomics, otherwise it will not be an investment, but a lottery.