So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.
And i strongly believes by doing this, Will yield high success to everyone and also helps you to minimize the risk of lossing all your funds.
Brand new projects can be profitable in the early phase. It takes so experience and greed control to manage new project that is why it is really not ideal for newbies without experience to go for new project. Lots of project make 100x and more and when the crash the drop without a warning.
As long as there is working strategy to know where to buy, sell and avoid the coin then the risk is worth taking. the sole aim of warning about new project is just to avoid using funds that should have given good profit on Bitcoin and crashing it on so called new project and end up tagging crypto scam.