Bitcoin Forum

Hello everyone :-*
I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.

I wanna invest in sugaryield.com and this project looks really amazing and unique and the team looks professional what you guys think about this i need suggestions may be you guys know better than me.
I also share website and Gitbook link .

Website: https://sugaryield.com/
gitbook: https://sugar-yield.gitbook.io/sugaryield/

Investing in new crypto projects can be risky and may result in significant losses. Before investing in any crypto project, it's important to thoroughly research and understand the technology, team, competition, and market demand for the project.

So risky to invest on new project but you also need to think that nothing will happen if we just let our money sleep so if you want to invest on new project then maybe the least thing you can do is to research the team background read their white paper then see if the project owner or the team itself have capabilities to fully implement the project according to their plan. Its very rare to spot a good project now so be careful always and don't listen to people hyping the project, always think properly on your investment.

It very risky at times to invest in new project. yeah as it may result in loss of funds but sometimes it may be mind blowing. Just like I did few days ago. i came across WOOF on MEXC I did some few research on it and bagged some and i was able to see 2x within 24hrs. i never believed it. it was like a magic to me but I was really amazed with what i saw. I must acknowledge MEXC for spotting potential gems

In general, new projects are really risky. IMO, of the total new projects, you are lucky if you'll find a legit one that has potential in the future. So I know you did your research and understand the project, but please bear in mind that you need to learn how to manage the risk, don't put all your investment in one basket, that's just one of the examples to do.

Agreed, investing in a new project can be risky, but not investing at all also has its own risks, such as inflation eating away the value of your money. Doing thorough research on the team, their background, and their ability to execute the project plan is essential before investing. It is crucial to approach investment opportunities with caution and not get swayed by hype, always thinking critically and carefully about your investment decisions.

Greetings to all
Investing in new projects has value or not, since there are too many scam projects these days.

I'm interested in investing in SilverLineSwap, and this project looks amazing and unique. The team looks very professional. What are your thoughts about this?


Here : https://t.me/SilverLineSwap

I'm not going to say it was not or worth it, depending on the project. it should be evaluated carefully before investing otherwise, you are right.
I was not really familiar with this project and uncertain about this. However, it was not right to say it was a scam already but likely becoming one. In this case, investing this project is too risky, unless they team will work on this project to look better and have a positive output.
Invest in new projects with caution, that is the only we do to avoid possible losses.

Instead of investing in a program you don't know about in the future, it's better for you to invest in bitcoin, where it's clear how it will develop. In addition, bitcoin is more promising to bring you big profits than new projects. Perhaps a new project can increase the price in the short term, making you think about investing in the new project. But you should think again and not rush to choose the project as your investment. I would prefer you to invest in bitcoins instead of new projects because there is a bigger risk factor in these new projects.

This project is totally new and they will launch IDO in Pinksale which is low quality launchpad. This project offer high APY Which looks very delicious but we don't know how long this project will last.
It's better to make a smart trade and choose a Token which already listed in Big Cex exchange. Lot of coins are available in top exchanges which has potential to give you decent profit. I will recommend these tokens instead of this new token

The most important thing is to carry out your personal research, to know if the new projects has something reasonable to offer to their customers before investing because, through the research there are many things you will come across that will make you to change your mind not to invest in that  particular new project or that will change your mind to invest in the new project. I will advise you to invest little capital to test the new project, if it will be good for long term trading or not before increasing your capital on it.

There is no need to deceive anyone, you are not interested in anyone's opinion, you came to the forum with the sole purpose of promoting Sugaryield. Go to the next thread https://bitcointalk.org/index.php?topic=5438012.0, https://bitcointalk.org/index.php?topic=5437789.0, https://bitcointalk.org/index.php?topic=5438367.0 - you have the same goals for registering on the forum with them, it may be interesting for you together)

If one wants to avoid high risk, then looking away from all these hype project is the best thing to do, most of them are just gamble and in no distance time there will all get pumped and dumped.

It's better to hold bitcoin no matter how small the profits movement will be due to bitcoin price it is still better than altcoins which have no track record of persistence.

Altcoin projects are just based on promises which may never materialise into anything significant thereby putting all your investment at risk.

My same thought, this is just their strategy to get the attention of this forum and this is not a new strategy anymore. Don’t want to look at that project because I know its just a waste of time, if you are in doubt about the new projects then you can just simply ignore it and go choose the best coin in this market, better to be careful with this.

If you are a beginner, you are better to forget your intention to invest in new projects.
You already know that there are too many scams and failed projects, so it is too risky to put money into new projects. Since there are many good projects, why you should invest in new projects?

Remember that it is still the bearish season, it is not a good time for new projects to be launched. There are many projects that failed to survive during this bearish season. Some of the failed projects just trying to get funds in their promotion phase, then they announced to stop the projects when they get enough money from investors. The worse thing is that the teams disappear then.

There are thousands of new projects springing up every day.  Get in the habit of researching, probing carefully over a long period of time to find your belief or see if it has any hope in terms of product, progress, communication, sustainability. You want to invest in a new project, it's ok but determine how you invest to earn profit?  draw up a plan based on that analysis to properly orient the project's potential.

I will likely say before investing on new projects, you should be very careful. Because most new stuffs now are scam. And scammers mostly use new stuffs to scam people.
Before involving on any investment, mostly online investment you should be very more careful.

There is no need to look at it, this is not the moment to invest on any new project, the halving is still more than a year away and the bull run it may come from it is even farther away, anyone interested in investing now should take the safest possible path, and only once the bull run is here then you could decide to take a higher risk by investing in recently released altcoins since doing what you are proposing is simply too risky for my tastes.

Investing in new projects will more likely bring lose if you aren trying to invests in some random project, be sure to choose project that has quality developers behind so that you aren't gonna be losing at the end of the day.
the thing with some random projects is that many of them are quite literally created for money grabbing and even some of them are using some tricks and method like you where they are trying to make some marketing while disguising themselves as someone that's trying to ask some question that's obvious.

Seeing you have been making some accounts for promotion purposes have been proven that your project was actually a scam. I wonder how many accounts you will create just for marketing purposes only. Your project is already included in my black list.

Shilling by creating new accounts like that was only destroying the reputation of your project. I hope that there are not dumb people who gonna invest in your shit. A scam project that offers too good to be true promises.

for your question, of course you should invest in new project if you think you are intelligent enough in judging the new projects of course you could always make quite the profit from your investments if
you could tell which project gonna strive in the future, even new projects have those signs of "good quality" projects like the tokenomic that's fair.

but honestly your marketing could be considered red flag for any individual that gonna invest in new project.
after all shilling like this could be detrimental for your project reputation because you're shilling in the worst way ever.
just wanted to let you know that the more you market your project this way the less reputation it have.

Are you serious about investing in the new project? Wouldn't it be better to invest in a project that is already running well and has already given a lot of returns to other investors? I suggest you be more careful in choosing a new project as your investment and if you want to really earn big profits, bitcoin is a great choice for everyone. But if you really want to invest in a new project, don't use a lot of money because we don't know the future yet.

You know the risk of losing money if you invest in a new project many of which are scam projects then why are you still asking about it? or actually, you are wanting to introduce the project in a different way, for me all projects with lured yields are scam project, is there a money machine in the crypto world? so dare to provide certainty of profit, if there really is a money machine then the owner will prefer to use it himself, so all new projects that promise certain profits are lies and stupidity

How did this project become unique and amazing for you, when it has yet to be proven in this cryptocurrency industry?

Before it enters this world, and most people know that this kind of new project has a high-risk level, it needs to have a strong plan to encourage the community to support their projects.
That is why extra caution is needed before investing.

Let's always do our research first before deciding to invest here. Although you will use your money, not ours.

Yes, I agree with you, investing in a new project is more risky than an old project that is running with a lot of trust and has a high ranking. For a beginner I never recommend investing in new projects, it is better to invest in bitcoins that have proven profitable, moreover, if we invest for a long time.
Today, the emergence of new projects is unstoppable, and it is very difficult to determine which projects will become good projects in the future.

The decision to invest is yours, if you are really interested in crypto investment in new project(altcoin) then it is possible.  But it should be noted when investing in altcoins, you may be willing to accept the risk of 100% loss (scam, rug pull,...), if you can't determine this, then choose bitcoin/ETH  (bitcoin holds 50% market share, ETH about 25% market share) to ensure safety and solid profitability in terms of sustainability.  Your best choice!

I'd never find it wrong to invest in new project/s as long as it shows something interesting and market potential. But there is one thing that would tell you, please be careful in the project that you have mentioned, better to do deep research before making a decision.

We can only give you advice because this is what we also did but it was you who could decide. Don't be afraid to try, might you fail because of investing in a scam or project but I believe this could give you a lesson as well.

Good advice to take good action later. it all depends on what you will follow later. if you choose it to be responsible for what happens later. but sometimes your beliefs can lead you to be more successful in the future and continue to struggle through life. It's all just a long journey that will have a good ending with a happy feeling or you will experience regret all the time.

Sincerely, no one can be such a genius on picking the altcoin investment that would be just right. It's never easy when it comes to altcoins and so, the sort of advice your seeking out right now is the sort that is always hard or difficult to give. The most you could do is DYOR and be more certain about your points before taking a step towards investing.
In the event thatyou should, don't be all greedy about it and start imagining how many x you can make when it pumps. Try to understand that your investment can go both ways and as such, only invest what you can afford to lose.

That's interesting but you should stay away from the sites like these.

Pancakes, DeFi, Stakes are some of the names they are using to drive yourself into the greediness of investment and returns. Look at the portfolio and also the %APR for the every project that they are giving away. It's just ridiculous how they are flashing you will get 5000+ APR on the BNB holdings. COme on man, do you really need any more proof than this whether the site that you have mentioned is any close to legit one?

I am pretty sure you must check and verify before investing any single penny on such sites. They are nothing but the get quick rich schemes really. I would say one can easily state the nature of it from the websites name itself!

Even with the knowledge of the scam projects in this space, why would you promote scam a project in disguise that you want everyone to look into it  ::). You mentioned that the team behind the project looks professional, how did you contact the team members as there is nothing transparent about the team members in their website regarding the developers of the project :P.

From my own years of experience working with new crypto projects, I would say out of 10, at least 9 will never make it. And the one that does make it, will most likely not be worth as much as you invested into in the first place.. Maybe after 5-10 years, sure. But the dream of making 100x returns is unrealistic and basically gambling at some point. My advice to you is to wait for the project to become listed on at least several exchanges and have at least 1 years worth of good ROI. And then and only then would I consider a new project worth investing into.

The risk will be high and if lucky you'll also be able to make good profit. This is how investment on new projects work, because even the much expected new projects used to fail at times. Good choice, spend what you can afford to loss. Just spend and consider it to be lost forever, such mentality is required while investing on new projects. If luck is in favour of you the investment turns to be worthy. :o

Investing in bitcoin is the best investment for beginners who want to earn from crypto. But they also still have to learn more so they can buy at low prices, store their bitcoins calmly, and not panic with price movements going up and down.

Indeed, there will always be new projects, but we also have to choose those new projects wisely and make sure we can study them in detail before deciding to invest in any project. This will help us choose which projects might be profitable in the future. But the main choice is to stay invested in bitcoin.

I would still recommend investing in those new projects that appeared in the previous bull market and have not died now, after the bear market. Such projects have much more growth potential than very new projects that have appeared recently. In general, invest in those projects which have not experienced a bull market and which have a good accumulation phase.

Sometimes you are right, and when you are right you make money, and sometimes you are wrong and when you are wrong you lose money. That is what investment is all about, being right and wrong time to time and it changes hands. I believe that we shouldn't be shocked that most people are wrong, because there are too many new projects and some of them are really bad, most of them are just bad.

I personally believe that the best thing to do as of right now would be to stay away from these things and try to invest into long term good coins like bitcoin, but if people disagree then I am fine with that as well. I am not saying it's going to be easy, it's just not my situation.

There are many old projects that have strong fundamentals for the future, why are you more interested in new projects that may not necessarily have a better future. There is nothing wrong with investing in a new project as long as you are mentally prepared to lose your money and vice versa you can get big profits. But of course the risk of loss is very large, especially if you don't reset first, it is very fatal in investing.

Investing in new projects needs a lot of research because some of the new projects nowadays were created to scam people so if you won't do anything to recognize what's a scam and what potential projects are, you might only fall for scammers' traps. There are still things that you have to consider before trusting a new project so if you want to save yoursef from possible losses, just focus on well-established coins than risk on new projects not unless you will have a guarantee that a project has a big potential and is being managed by trusted people.

You are aware that there are so many scams projects nowadays and most of them could come from new projects. I think that was enough answer to your own question, so you better stick only on old and proven projects for years as they are guaranteed to last for a couple of years than trying your luck on new projects which might not last long enough even if they show a good start.

You only need to keep in mind that there are still a few risk involved even in the old projects so if you are afraid to lose money even if a small amount or for temporary only then you better stay from investing. You better sit there and do nothing but you will also gain nothing that way.

We cant generalize or could say that it would be 100% scams but still people who are tending to find those gems around and this is why we cant really just missed out on investing while it is still on their earliest phase.
Of course we are really that minding on making ourselves rich and there's no way that we could be able to choose out precisely and this is why it would really be that important for us to make some in depth research
and make out some analysis even though its not really giving out guarantees but at least we've done our part rather than on choosing or buying a particular coin/token without any basis, then thats
definitely a gambling and not an investment.

The wrong decision to invest in a new project because the future is not yet visible, you also have to know that every day there is a new project. You must be smart to choose to invest in a new project because the risk is very high. Be wise in managing your own finances, preferably when investing, look for altcoins that have good potential going forward.

I myself am not too sure to invest in a new project if I have not researched or analyzed the project. but to reduce the risk that will befall anyone, it is best to invest in a safe way, namely by investing in a project that already has recognition from many people. the point is, invest safely in projects that are guaranteed to avoid the risk that will befall you.

I think if anyone wants to invest in new projects so first of all they gain all knowledge about project see there important points like roadmap, supporter, read there Whitepaper if project are real are strong so definitely invest in project they definitely give you profit.
If someone directly invest without any inquiries so its os risky.

It makes sense to invest in new projects that have funding rounds and large partners in the form of funds and various companies, whether it is a cryptocurrency monitoring site or an exchange. Everything else is not worth attention. If your project doesn't have any of the things I've briefly listed here, such a project is unlikely to be successful in the future. When people say that investing in new projects is always risky, they are always talking about projects that do not have funding rounds and public sale of tokens on some well-known launchpad.

If they were good back in the day and still survived? Sure, but that would be also true for bitcoin and ethereum and bnb for example, that means why would you want to risk your money and invest in those things, when you could simply invest into the big names anyway and make money?

I personally do not like new projects, and none of them look good to me, doesn't matter which one, I haven't heard the names of almost all coins people talk about, which goes to show you that they are not big at all and they are "expecting" a growth but if it hasn't happened after a month, it won't happen later on. At the end of the day, you can't go wrong with investing into bitcoin, that's a good idea at all times.

The point here is that "should I invest in new projects" and "should I invest in THESE new projects" are different as well. Even though I highly suggest not to invest into new projects no matter which one it is, there could be some people who could say, do not invest into these new projects but generally speaking you could invest in new projects.

The logic is that they would be able to give you bigger returns than a bitcoin investment could give you, which I understand and agree if you pick the right one. However, it is also very important to realize that these would usually turn out to be bad projects that will not be able to help you make any profit.

You can invest in a new project that you think can provide benefits in the future.
But please remember that with so many new projects out there, you should be able to research each one properly so you don't choose the wrong project.
I didn't know about the new project you mentioned and I'm not interested in investing in the new project.
And because of that, you should invest in bitcoin because we have seen the potential profit you will get in the future.
If you are sure about the project by finding out more about the project, including talking directly with the team and even from the team leader, feel free to start investing in the project.
And remember that everything has risks.

investing in new projects are very risky because we don't know the real investors and backer of the project. similarly we don't know that this project will be prove successful or not. many projects take advantage of current trend and there no products and team behind and investors loses in this way.
there are mainly three ways to take part in new tokens. ICO,IDO and exchange Launchpad. 90% of ICO,IDO Users loses in it because locking period is so long and private sell users dump coin hard and vesting token will not give you any profit.
Exchange launchpad token can give you Profit and here you will not get greater number of allocation. you have to Stake exchange token in large number if you want to get more allocation.

This project is based on high yield providing dex system and they offering very high yield on btc and busd which will not remain for long time. sugar yield has no big partnerships and my recommendation will be to don't invest in this project. Their community is very small and Theirs APP has download by just 1k users.

Why have you chosen to invest in altcoin instead of a reputable coin like Bitcoin, though it seems very late to invest in bitcoin but to me viewing from the previous price of bitcoin there is a possibility that you are still at the bull trends.
Talking of surgaryield, I have no idea of this project because most of it are solely for scam purpose after you invested. Therefore I suggest you to reduce your interest from sugaryield.com if you must invest, there are other altcoin like viewing from  Coinmarketcap (https://coinmarketcap.com/).

The main reason for the emergence of new projects can be cheater, and many projects do not even continue. Finding a gem project is a really hard job and you have to be lucky. The project has to convince you completely and you have to believe and invest later, it's a really big risk. Sometimes I also invest in new projects like this, it's always more fun than going on a single plane.

The OP is certainly just asking for advice on how to choose a new project as an investment. BItcoin is indeed highly recommended and no one can deny that.
But in this discussion OP may want to choose a new project as his second investment.

For the project that OP chooses, it cannot be confirmed whether it is just a fraud scheme or not. Everything requires research and of course, research must be done as a whole. There are many tools that can be used to check all information about new projects.

As you said most of the new projects today that are not clear will only be for fraudulent purposes including sugaryield.com which is also unclear.

The risk is indeed quite large if you have to invest in a new project that is not yet clear what the purpose of its development is and how to price it in the future. There are many new projects, but it is better to choose a project that is recommended by many people and use money that you can afford to lose so that there are no regrets when the project fails or disappears.

I also followed dozens of new projects and some of them gave me a lot of benefits, but also got some losses.

---

Even Gary Gensler as chairman of the US Securities and Exchange Commission (SEC) shared a tip to find out the characteristics of fraudulent crypto projects.

In a podcast discussion that Gary Gensler had with SEC Commissioner Caroline Crenshaw,
Gary Gensler explained that there are 3 signs that indicate the new crypto project is a fraud.

1. Gensler said that a crypto project that cannot provide clear documentation of how it works or plans to achieve its goals is a fraudulent project.
2. The developers of the crypto project cannot explain their own project, so no one is clear about what the benefits and uses of the project are and what it will achieve.
3. Can't show compliance with the regulations that have been made.
Gary Gensler warns that offers of very high returns should raise suspicion and should be viewed with caution. This is especially true for projects that are too complex or rush investors into making decisions, which can lead to the fear of missing out (Fear of Missing Out, FOMO).

https://twitter.com/GaryGensler/status/1618988968430764035?s=20

I am going to be a bit neutral in giving OP an advice, since s/he was not inactive for almost a week after posting this. I don't want to sound rude, but this might be another one of those users abandoning their accounts after posting a project that they "think is great" plus giving bland description about the devs.

In case any other newbies are reading this thread, just take OP's point with a grain of salt and do you own research or just go with Bitcoin. I might sound bias, but we're all in BITCOINtalk forum anyway.

When we say benefits, it should be their application. If they have this, people will have a reason to buy them so their value grows too. That is why we investors can earn on them. There are so many new projects but the majority of them are only built to give confusion. If we invest randomly then there is a good chance than we can pick them.

You are not aware of the project the OP mentioned, well obviously because it was still fresh from the box but you can investigate and share what you discover on here, if that one is worthy or just another attempt to deceive the public. I won't advice talking to the projects team because their response are surely going to be biased.

from what I can see, this is a new project, and many people say that a new project has a bigger risk than an existing project. From what I see, this project is not that good, and it still has a lot of flaws, moreover, there aren't that many users and the community isn't that big. However, it all depends on your decision. Personally, I might prefer investing in more popular altcoins.
However, if you are afraid of losing the money you have, don't invest in new projects, because you understand that so many new projects are scams nowadays. Choose a popular coin to minimize this risk.

Hey! your fear is natural, all new projects are not scams but there is always a high risk involved with investing in a new project.  
It's good to understand the project main course and the unique features that is offers to the market.
Knowing about the background and the credibility of the new project team is also must. Looking like professional is not enough to invest in a project as many of the scam projects had alike professional teams that's why people invested in these projects.
By the way I am a little curious whether you are genuinely asking to invest in it or you are trying to advertise the project for free???

Therefore, I suggest @OP choose bitcoin as his investment instead of choosing a new project where we don't know the future.
It also reduces the risk of losing money after we invest because many new projects cannot increase their price, especially during the altcoin season.
But if he chooses bitcoin as his investment, we have seen how much potential bitcoin can give us so that we will get big profits from bitcoin.
Wise investors should be able to choose from such a large number of projects so that they can benefit in the future and if they still have doubts about the capabilities of each project they come across, maybe they can choose bitcoin.

You already know new projects are mostly scams, but you still want to invest, which proves you are too greedy, and the result of greed is almost always a loss. No project will be both highly profitable without risk.
In general, investment is risky, and the higher the risk when investing in new projects, if you accept the risk, you can try, but if you are afraid of losing money, you should not invest, especially in projects with high APY so. And if you want to both reduce risk and profit, invest in bitcoin, ethereum instead of shitcoins.

Should I invest in new projects? It depends on the nature of the said project, we can invest in them if it can be trusted or somewhat really worth it. As an investor, we also know how to assess the potentiality of the project, it is not because someone says it is good we also believe it and follow what they say but it was our position as well to make a review and make the final decision. But I would tell you that investing in new projects corresponds with high risk and therefore, we should not be easy with them unless we are sure about it.

The advantage that I can think of for the person in the community is that it can give them another source of income if they plan to invest in it; this is pretty common because of its high value. We can also easily send money to a person wherever he lives, but this is not the case right now as there are a lot of methods to send money online. The disadvantage is that the volatility of bitcoin can result in a significant loss of investment, especially for those who are new to it. To others, this is an advantage as they can trade on it.

Most people do not think about the risks, especially if they are tempted after reading one or more offers that contain large returns in a short time. They will not find out more details about the project and directly invest some money. And unfortunately, many immediately use a lot of money to invest even though they don't know whether the project will provide benefits in the future or fail after being released on the market. A wise investor should know his limits and how much money he can invest and should not invest in one project, especially if it is a new project.

Investing in new project is one of the best way to earn huge money. if you can consider a successful project and invest there on the starting time of that project like (presale, IDO, public sale) then you will get a huge profit but you must consider a successful project. now as a bad market situation must of the project got scam. so you have to research much time to identify a legit project. which project you mentioned here i don't see any potential future of this project so be careful and do multiple research before investment

if you already know that the average new project is mostly fraud, why are you investing or wasting your money on these coins. Love your money friend, you better invest your money in Coins rank 1 to 10 on Coinmarketcap. Remember, don't be easily tempted by big profits and a small supply of coins, friend. It is very dangerous. Better the money you have Invest in BTC friends
Be careful guys
https://i.ibb.co/qDJDTXs/IMG-20230212-192746.jpg (https://ibb.co/dfmf812)

If you're aware of how risks work, then that would be fine especially if you are really seeing a potential from those particular projects. There are many indicators of a good project such as popularity, team behind, and the concept of platform itself. If you are having your own reason, it is only okay to invest in new projects on this industry. The only reason why many people avoid doing so, is simply because of the risk
It may actually be high simply because you'd only know how a project would function once it is released in the market and outcome includes downfall. There are many projects being released on a weekly basis but only few are succeeding.

If you don't want to get SCAM i think you should avoid this project, it’s listed on Coinmarketcap & i see it’s not listed any major centralized exchanges, now it’s only trading on PancakeSwap but liquidity is very low, it’s seems high risky to invest here if it will long term.

The coin has lost roughly half of its value in just two days and there is even a warning on its page about this coin being dangerous to trade, if that is not enough of a red flag then I do not know what it could be, investors need to stop putting their money in these useless coins as the only ones that earn any money out of them are the developers which release them and receive bitcoin and ethereum for a bunch of useless tokens they could mint in minutes.

Because of how many scam projects are there and with how many redflags about this project from the mention of above messages then just stay away with it, even though you don't even look at this board again anyway. I don't even know how do you find this project in the first place, where in quick glance this one is not worth to even invest a single penny for, I'd probably search for something better.

if you are afraid of losing money, you should just refrain from investing in new projects I guess, you should just invest in coin that has lost quite of its value but still considered good enough so that you will hardly lose any of your money. the first thing you should know in regard of investing in alts is that 90% of chance the project will fail and that equal losing money.

Really disappointing and I don't know how to change such things because it was hard to change greedy people from thinking instantly rich.
But I let them do what they think is right (despite it being wrong) because I believe they will somehow change and realized that they are wrong. Some people had just woken up from their wrongdoings after having a bad experience which I think could help them either. They'll somehow notice the importance of being calm and for choosing the right coins.

Why do I keep reading that investing in new projects is high risk? Where does this stereotype come from? Isn't a project which has already shown x100 and which can collapse and never come to the same values again a high risk? For example TRON or Ripple. Investing in altcoins has the same risks, whether it is a new project or an old project, just the loss of money will be in a slightly different mechanism. It is also worth noting that all old projects were once new.

Maybe the fear came from the ICO token which fail to produce good result to its investors that's why many people generalize it all. Although there are quiet good new project are worth to invest since mostly some of them goes more times pump but still its hard to find this one nowadays. But for risk taker its for them to try since after all risk taker will win once we see crazy pump and those who doubt always regret about decisions they tell earlier about those new project.

If I were to make a bet about how the OP found that project I would probably say that they did so with social media, that is where most new altcoins promote themselves as they can use bots to try to lure in inexpert investors to their projects, still it is quite obvious that the project referenced by the OP is not good at all and anyone thinking about investing in altcoins should stay away from it if they want to see their money ever again.

Hey mate, you will need to be very careful with a new project, because lately, the number of scam projects has doubled and out of every 100 new projects almost 80-90 end up being a scam.

But then if you do much due diligence, you can still lay your hands on a few good projects.

But you should know that there still comes with high risk, since not all their information is provable from the white papers.

Just think that only few projects have emerged successful in the trading market.
The survival rate is very low to most new projects. As the devs realized it is hard to sustain their presence without solid ground.
Most are resorting to the pump and dump scheme to get their pockets full before abandoning their project.
As much as possible, if you are new to this market, better explore the top coins first, btc in particular.
Just try your hands in new alts if you have a good understanding already with this type of market.

The developers of most coins are not thinking on actually creating anything that could last a long time on this market, what they want is for their projects to generate enough attention to at least pump once, that way they can sell the coins they kept for themselves and become rich in a relatively short amount of time, and after that happens they have no incentive at all to keep the project going as they have gotten exactly what they wanted already.

 Not a financial advice, but investing into new projects gives you the opportunity to find potential moonshots. Every project started out as new before making their way up. It is true that most new projects are likely to end up as Rug-pull projects that is why I take it upon myself to make proper research before investing in new projects. Also, if a credible exchange like MEXC or Binance announces to list a project, I have confidence to invest in such projects. I'm currently looking forward to 20th Feb at 10:00 when MEXC will list LVL. This is the native token of Level Finance, a decentralised perpetual exchange which focuses on high and effective risk management.