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.
New projects trends in the market because of the enormous returns gotten from the investors, it's basically my current targets because I've benefited a great deal from these new projects and I won't back out, specifically not now that I've seen good results with my very naked eyes, my port folio reading good. On the other hand, new projects have also send most investors to back level one due to the heavy dumps experience, that's one of the reasons we should invest with what we can afford to lose and not basically or ignorantly investing everything on a new project that have absolutely zero positive road map contribution.
Good observation, the reason most of the time is the experienced. There are people who manage to gain after investing with new project, high amount of profits after they manage to pick a new project that gains support from other investors, they manage to sell their holdings before the dump happens.
On the other side, there are also investors who losses their money as they invest during the pick and the timing is bad, or there's nothing happen and the developers are only doing the scam and runaway with the money.
Things that present not only with new project but also can happen with an asset that we think will be pump high but the other things happen, I mean it went in the other direction.