for newbies like myself not to get involved in new projects,
due to the risk that follows.
But with all honestly, Some project with 3 to 7 months old have one time becomes Scam, Good example is OKS CHAIN. The project was over 2 years old, yet end up being scam, as the CEO and other dev cart away with so much money. And abandoned the project.
My experience tells me that everything involves around crypto project, Is about risk, except for the president of them all ( Bitcoin ), The vice ( Ethereum ) and the child ( Binance ). Investing in any of these 3 gives risk free system. As they say experience is the best teacher in life.
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.
You have to understand the reason they said don't invest in new projects, most new projects are scam and you can't really tell which is not, and moreover most newbies can't identify which is a scam project from the other, so why I think is most safe is not to involve in them at all, unless you can properly identify those with good potential to invest in.
I highlighted the part of your post I totally disagree with, you speak as tho you can time the price and once you have made profits you cash out instantly, how would you know when is the right time and I know a lot of people with very low success rate in trying to time the price, some time most projects just pump their token for only a initial time and then dump back to normal, Its quite difficult to time the price right so I doubt you have even been successful doing it or have even tried it yourself.