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?
Most of the new projects these days after they are successfully launched and get good prices then their project developers will immediately sell all the coins they have in large quantities and eventually cause the price of the coins to drop so deep that investors have to suffer losses, so it is not recommended to to invest in a new project if you don't want to suffer losses except with a new project that has a trustworthy development team.