I agree with you that if you only invest in one new project with all the money you have then it is a wrong step because we don't know how far the prospects for the new project will develop, especially if the new project is fraudulent, then we will experience big losses and regret. Therefore it is better to invest in several potential coins, even though the profits are small, you can get big profits from the various potential coins invested.
Currently I am always refraining my self from investing on new projects because as the days goes on the scammer are also increasing day by day. And no one wanna goo to in trouble that's why I think they are avoiding new projects but it is also truth that no risk no gain but because of the percentage of risk is more than success I always avoid those kinds of new projects in this case investing many worthless token will be waste but investing on one authentic can be profitable I think 