Yes it is, because it will take a long time when one project wants to be labeled as a successful project. In fact many of the new projects are only successful at the beginning, but after a while they are no different than junk coins.
I don't think it's great for beginners, because sometimes even those who have been in the cryptocurrency for a long time are stuck at a loss. Again, prudence in analyzing is an important factor, besides that sometimes we have to hold back on our ambitions even though we are sure of what we can from the research carried out.
It's rare for new projects to stay successful, usually they're only successful at the start, then just disappear along the way. As you said, people who have been in cryptocurrency for a long time are also stuck in the project, especially for those who are new to cryptocurrencies, this is why it is very important to understand the concept of the coin journey thoroughly, otherwise we will be stuck in a short understanding
That's why it's quite risky to talk about a new project where we don't know what the project will look like,
This is true because analyzing it without paying attention to the correct rules is not enough,
it's not easy to hold on to that ambition
That's why the importance of basic knowledge regarding crypto as a whole, because the development of new projects usually uses almost the same method, to maintain that ambition, some knowledge is needed, so that when a new project starts to launch, we have the knowledge to analyze