Sure,not all new projects are that bad but they involved more risk when it comes to investment than the older project.Totally agreed with you that older projects can end up been a scam at some point but that is very rare unlike new projects in which more than ninety-percent of them are scams.So it is much safer to invest in well-known project most of the times and make good research if willing to invest in any new project to protect your funds from scammers.
Yes, not all new are bad but there's actually more risk entailed with it because it's not yet proven and an intense research/studies should be done at first before you start in engaging and investing on it, the same goes for the old ones because not all of them are actually more safer because there are still some risks. Anytime, even if they already exist long enough in the market, there will be a time that they will vanish if the investors found something unusual or if the developers can't come up with new things to retain the investor's trust and funds, and so the new good ones will replace them.
And adding to why old timer are being forgotten is because of those new ones that provide opportunity to earn profits, if the supporting community of old time project already abandon the team chances that the value will continue to decline and possible that it might not recover back or it will take a long time before it will gain new people/investor to support.
There's always risk from both new and old asset, you need to work on a deeper knowledge about why you will trust the project and what will be the offer that may bring decent success.
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.
I think it's true and yes, that investing in new projects can also generate high returns, as you have experienced for yourself. However, it is important to know that investing in new projects also comes with a degree of risk too because there are many new projects which mostly fail due to funding and lack of support from partners, the impact on the probability of success is very minimal.
and related Taking profit and minimizing risk as mOP said I think this is an important aspect of investing as it is generally advised to have a clear investment strategy and set goals for profit and risk management. By taking profits and minimizing risk, investors can potentially maximize profits while minimizing losses.
Clear investment strategy and a good set of plan before taking your money inside the new project, whatever happen as long as you understand the condition of risk somehow investing with new project may bring a huge amount of profits if your timing is right and if your projection will come true.