It's not a good time to invest in new projects or tokens right now because a lot of scam coins are being released, and it's also a waste of time to sort through all the coins being released and choose the legitimate ones, which is like finding a needle in a haystack. Just try to invest in the top 10 altcoins right now because they are definitely legit, but do your own research before buying them because we don't know what the roadmap and news are about them; This is basic investing, but you really need to know about that coin you are investing to.
what you say is true when the market situation is experiencing bearish indeed it is very high risk investing in new projects and prefer the top 10 coins.
but little do we know that the top 10 coins also have a high risk. because some years or every year the top 10 coins will shift places with all factors and sometimes the top 10 coins are taken over by some newer coins.
so that everything has its own risks and we can all do it with our own research to minimize these risks