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?
Simple, because most of the new projects does not end with a good position in the market.
If you have the risk appetite and due diligence on a specific project (new), then don't get hold of yourself in getting those coins, who knows those project might sit next on the top 20s.
People are constantly switching from one project to another, especially when they see the latest innovations and see a potential.
However, securing BTC is much better than the rest of the alts in the market in the long run.