Yes, investing in all new and old coins is very risky, only top coins like BTC, eth, bnb, sol are more risky to invest in other coins, so it requires a lot of research. New coins pump a lot more in the first hype so the profits are much higher this time. However, older coins don't pump as fast, but they are slightly less risky than newer coins because newer coins tend to be more scams. so one can invest in any coin if one can afford to accept these risks.
Agree with you, investors can invest in any coins, both old coins and new coins, where they must understand the risks and be brave enough to take those risks. New coins are more risky but also have a big chance of profit, we have to really do research and have good analysis. If you want to be safe, you should invest in old coins
right , new con are really risky as the chance of being scam are there but we cannot deny the fact that comparing to other old coins? new coins has the potential of bringing huge return if you can get the right timing of entering and releasing ,so in the end it is on our hand to what will be our faith in this investment world.