Of course, if you are willing to accept the risks that it can bring. Investing is risky and investing in new projects can bring many times more profits, but it also makes you lose a lot. Before investing, just do your research before investing don't listen to someone's advice.
No one can tell you that project will be profitable or a scam. The decision is yours and take responsibility for your decision.
In the crypto world it is ourselves who can be trusted and relied on, because if the investment is based on the opinion of others, it will only make us
suffer losses. Especially if we plan to invest in new projects that have a very high risk, because based on the results of the research I did, almost
95% of the new projects that appeared ended up being scams. So it's quite scary to decide to invest in new projects, it doesn't mean knowing that
there are several investors who have succeeded in generating huge profits from investing in new projects, then assume all new projects can give us
big profits too. In fact, more people experience losses when trying to invest in new projects. So make sure we do our own research and analysis
before deciding to invest in new projects, to find out whether the new projects are worth buying or not. But I prefer to invest in popular old projects,
because it is more safer and the risk is also much lower.
But investing in old projects is difficult to bring big profits or wait too long to be profitable, so the newbies to the market want their accounts to multiply many times over and fast. They want to be rich but they forget that the price they pay is much more than what they get. Investing in new projects isn't bad but as you said, it's important that you do it thoroughly and don't all in your money into any one project.
In the end it depends on everyone's strategy and decisions, If we really dare to take risks and also have good analytical skills, feel free to try
investing in new projects. Which I admit is more promising a much bigger and faster profit than investing in old projects. It would be better
if we diversify when deciding to invest in crypto, maybe we can invest 80% in old projects and the remaining 20% we can try to invest
in new projects. So even though we end up experiencing losses when investing in new projects, at least the losses experienced are not too large
and can still be covered from the profits obtained from old projects.
The conclusion is how we manage the capital that we will use when investing in crypto, that will give us success. I remind everyone never try to
invest in new projects with large capital, let alone risking all of our capital to invest in new projects, it will only make us suffer a very large loss
if it fails. Especially for newbies who are usually very obsessed with big and instant profits so be careful, newbies should start investing in old
projects first to gain experience.