Well now a days i observe the crypto market and now the trending topics is bot the projects like unibot , banana bot , unichat and many more giving huge profits to the early birds now i heard an upcoming project name Bubble bot and the website is Bubblebot.finance has a great potential and also spot trading, Hedge/risk on pegged asset, multistaking , future trading with limit orders and much more is offering on his telegram and discord bots and the team looks really competitive but my question is new projects are quite risky but also gives the huge profit so i want opinion from experts
Here is the website:
Bubblebot.finance
If you are sure and already DYOR, then you can invest in the project, but of course you have to be prepared if your money is lost, because the risk of investing in a new project is very big, therefore if I were you, so it would be better for me to investing in old projects that are already popular rather than investing in new projects.
If you do thorough research like investigating the background of the project, the team, partners, their plans, and many more things to consider checking out, the risk will most likely decrease. You should also consider the possibility of its use and how many users might consider using it. The risk of losing money is always there, but it doesn't mean that you should always invest in the old project. Why? Because new projects can be the new trend. It's all about checking everything before you invest, not every new project is a scam.