Often as a newbie, when you see a new project you are tempted to invest in it. Why I agree that not all new projects are scam, always ensure that you do your own research before putting your hard earn money into a project, otherwise you will wake up to discover that the devs have disappeared with your money.
I have a personal experience, a friend and a mentor told me about a new project that was looking very promising, he advised that I invest in it. So, I did even without doing my little investigating, not too long, the dev pulled out liquidity and that was the end of the road for the project.
So, that's how I lost my investment in that project, though I didn't put much, just about 10$, but a lost is a lost.
Please, be careful out there, the devs are not smiling
And if you must invest in a project you are not too sure of, always put something small, don't go all in, you might end up regretting.
It always surprise me when I hear stories of people investing the savings that it took them years to accumulate on projects that were obvious scams, if someone out there wants to invest in those new projects because they either want to obtain more profits than what bitcoin can give them or they simply want to support some developers and their innovative ideas then I do not oppose them, but their budget should be extremely low so in the case they made a mistake that loss does not wipe out their capital.