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.
The whole crypto space offers a lot of opportunities but at the same time it is also a pretty wild and also dangerous space especially for newbies. Yes it is possible to make a x100 of your initial investment in the crypto space, but of course it is also true, that the chance for such a extremely high profit are very very low and that the chances that you lose your complete investment are way higher for several reasons. In addition to that i think that the average investor into crypto is very young in comparison to investors into traditional financial assets, which also automatically means that you are more naive if you are still very young.
So always be careful and never buy meme-coins.