Investing in new projects has always been risky and it will be a lot of risks if the investor alone do not have its own knowledge about the coin he's going to invest. If you keep on relying for the views and opinions of others, once the project fails , then you can't put the blame to others but its always yourself that is responsible of your own action. So always invest with caution, and do not ignore the simple red flags that will help you prevent from losing your capital.
Investing in new projects based on your own research should be beneficial in any case, regardless of the end result. Even if, as a result of such an investment, when you lose your money, you get a lesson that you will have to analyze in order not to repeat it again. It is possible that in the future it is these "trading lessons" that will help you to consistently make a profit.