The reason for buying new coins as it can give you a profit of 100% if the coin has potential when listing in many markets. But it is very risky to buy new coins or tokens if there are not many investors to invest in those coins.
so the saying was true that risky means profit and you prove that here , thanks cause you convince me with that .
im not a risk taker so i wont go on new coin/token but i will just stick on my safe zone so i go on older coins . btc is the older of them all so i believe that btc is also the safest of them all only in my preference but you are free to disagree with that . other reason why a person buy a new coin is not only for the profit but also for the curiosity or also for the boredom of same old investments .