I think all cryptocurrencies have the same risk, both old coins and new coins, but if done with the right technique it can minimize large losses later, therefore research is very important to optimize the investment that we will do,
The risk is the same, but the size of the big and small risk is always the difference in choosing old coins and new coins, so you don't just judge all risks are the same, but you also have to see how big the risk is if you choose something in the form of a coin.