It is very good to invest in new crypto start up if happen to find one that is legit and with a very serious and dedicated team, you are likely to make huge profits from that investment, but on the other hand, investing in just any crypto start up in not recommended cus the risks are always very high, but then, this is where the money is.
My advice is any one looking to invest in a crypto startup should always do a thorough research on the project, the team behind the project and the development process, do a very thorough research and if you find any slight red flag, ask about it and if you are not given a well satisfactory answer or explanation, please keep your money to your self or look for other trusted projects to invest in.
Loosing money in crypto today have become very easy with so many scam projects flying around.