Although sometimes new projects offer lucrative returns, investing in new projects cannot be done haphazardly. There are several steps to take to invest in a new project. We must be careful and do research in choosing the project we want to invest in because fraud cases in new projects are very common. Understand and manage your own risk. Do not invest just because it is influenced by the trends and concepts offered, but must adjust it to risk.
Fraud is the only reason why I rarely ever invest into new projects. The topic says "not all" new projects but forgets to mention that "most" are bad. This means maybe we do not bat 100% at bad, but we are definitely doing 90% of them bad, and the remaining 10% have plenty of ones that will fail too, which leaves just the ones that will succeed at 1-5% chance at the very best.
I agree that not "all" of them are bad but with fraud being so rampant and easy there is absolutely no way that we could be easily investing into it. That's why we should be focusing a bit more towards known coins, and taking the risk for the new ones is not that easy at all.