It's true that not all new projects are bad, but before investing in new projects, we really need in-depth analysis so that we don't get caught up in fraudulent projects that make us lose. But a good project that lasts in the long run is one that has strong fundamentals and has good utility and the team always solves the problems at hand.
totally agree with your opinion, the risk of investing in a new project is very big and we must really do research before investing, but if we choose the right new project and the project was a success, then of course the profit we can get is also very big (the price increase of 10,000% can really happen).
the opinion is indeed very correct that not all new projects are necessarily bad and there are always good ones, but the current comparison is clearly more that are frauds and cannot develop, due to a situation that is really not good. totally agree that you always have to continue to analyze well and want not to feel bored to try to do in-depth and precise research.
If you can indeed find a new project and make an investment, it is clear that it will be able to provide extraordinary rewards, but if it goes wrong, you are also very vulnerable to losses.