99% of ICOs are scam, I'm not saying they are not, we are all tired of fake projects getting released day by day but let's not forget that many companies are just starting to take huge advantage of blockchain technology, the experiment with blockchain technology is ongoing which will actually giving birth to more newer projects,its left for us to choose wisely, cryptocurrency is advancing....
1)old coins and tokens are good and many prefer to invest in them than newer projects to limit there risks, not a bad idea but I want to share a simple example with you, a master will never remain a master forever
e.g there was a time when android version 2.3 is the best on Android phone, so how many of you can still use the 2.3 when you've already have the taste of 7,8.0,8.1,9 OS? The difference is marginal,newer projects will and should be able to surpass the old ones
2)binance is the most favoured among biggest exchanges we have in crypto space and the bnb token is growing bigger due to IEO whatever and bnb crossing to its own blockchain, not a bad move but do you think binance will be this great in years to come? Experiments gives birth to more greater and more advanced ideas and I can boldy say that we will see better exchange that will beat binance in the future, take it or leave it.
3)monero is the king of privacy coins as they named it, in fact yes I accept, I am a fan of xmr myself but lately many new privacy coins are flowing in and the one I'm most bullish on since 2018 is veil, seems better to me, this is not an investment advice though, just sharing my own personal opinion that we needs more newer projects to take blockchain and cryptocurrency tech to higher levels.
No one is the most wise, you will always see someone who will surpass you, no matter what and I think it's the same thing to coins and tokens .
1994 best cars aren't the best anymore
Best old PC in the past can't keep up with today's hexacore PC's.
Take your time to do your own research, we still have many good projects that will come out and if you are the type that have the mindset of new coins are bad you will surely miss the opportunity
Ig is good to trust the new projects that are upcoming but I will like to say that Bitcoin will remain forever and if Bitcoin will die, maybe the whole cryptocurrency will doe along with it. All these new projects that we are expected to trust are just starting and new start ups face sk much challenges which investors will pay dearly for if anything goes wrong. Besides, J dont believe that the statistics you gave about ICOs are entirely correct...that 99% of them are scam. If that percentage of ICOs are scam, then we are not safe.
In actual fact, most of theose new projects are not scams it might just happen that some of these projects fail and may not be able to deliver into investors what is due to them. That is why one has to weigh his options before eventually deciding to go for new projects.