New projects can sometimes be very valuable. Therefore, new investors tend to invest in new projects. But they have to be very careful in this area. Because fraudsters are trying to deceive investors through new projects. New investors need to be very careful. They should research the newly released projects very well. Otherwise, they may lose all their money.
Some investors are chasing instant profits on new projects but currently there are no new projects whose price has increased significantly, only a few new projects during the IEO/IDO trend many investors have profited and now many new projects are harming investors because the initial price is below the IEO price after listing on the exchange, so be careful investing in new projects.
yes i agree when many new projects are successful and get 5-10x profit then many scammers take this opportunity and make projects whose only goal is personal gain, i think the best solution is when following ido/ieo we have to see who the backers