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.
Your lucky if that's the case. However, there are new projects that turn out to be scams right from the start, especially after the token sale or ICO, taking away all the investors' money. This is probably why some advise newbies to be cautious in choosing new projects to invest in. Everyone has their own strategy to profit, and for newbies, experiencing such mistakes might be a part of the learning process.