I believe that you are able to see opportunities in new projects and get them at a low price. But of course that doesn't apply to all ordinary people. Investing in a new project carries huge risks. If you carry out the analysis incorrectly, all the money invested will be lost. Especially if you invest in a scam project, of course it will make you discouraged.
I think Bitcoin and Ethereum are still the best. Investing at a high price does not mean they make small profits and do not grow. For some people, investing with small returns on small risks is better than the risk of losing their assets.
Solana is really popular right now. This is due to its incredible fees and transaction speed. However, that doesn't mean that BTC and ETH are dying because Solana is here. Moreover, the hype that occurred in memes, that also made Solana even more popular. Many people are taking advantage of the hype to profit while they can. In other way, this also happens because people save costs from BTC dan ETH and use Solana as an alternative. And this is on thing that make lift Solana is. But that doesn't mean there won't be improvements to the ETH network. Currently the development of layer 2 token is increasing, and it will become an alternative settlement for ETH problems.