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haha dear, let me share one of my experience about investing in new projects. I have taken two trades from the time I am in the crypto space and after that time I am just holding my assets majority of my assets are in Bitcoin and the minority of my holdings are in altcoins. Well as far as I remember, these two projects were listed on binances and after when it was listed, I invested in them and to be very honest those gave me nearly 2x profit and I believe that was my luck because I am not a good trader.
That experience was like my eyes were closed and I was aiming at such an object I don't know the exact place of it and I fired randomly but in the end, it hit the object unexpectedly or luckily haha, That was my past experience I shared. Dear, I would advise you to conduct good research before investing in any of the altcoin projects because investing in altcoin is a very picky part and needs the attention of the investor.