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 and some never survive the bear market. It takes so experience and greed control to manage new project in portfolios that is why it is really not ideal for newbies without experience to go for new project. Lots of new 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.
I completely agree with your perspective. The early phase of a brand new project can indeed be profitable, but as individuals, we need to have a certain level of experience and discipline to effectively manage it in our portfolios. It's not recommended for inexperienced investors, like us, to dive into new projects without proper research and evaluation.
The volatility of the crypto market, with its sudden spikes and drops, requires a well-thought-out strategy for buying, selling, and avoiding certain coins. The aim of cautioning against new projects is to prevent us from investing funds that could have provided good returns with established coins, only to see them lose value in an untested project and possibly being labeled as a crypto scam. It's always better to err on the side of caution and carefully consider the potential risks and rewards before making any investment decisions.