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 a new project is not a bad idea, but what makes us fall is investing in the wrong project. We need to choose projects that have long-term targets, so that there will be success in the results of the investments we make. For example, projects that develop blockchain systems, gaming, dex or swap, exchanges. Don't let us invest in projects that only rely on the appearance of the website with a few whitepapers, then we invest and hold on for the long term. It's a waste of time.