REMEMBER to always practice RISK MANAGEMENT

Investing in newly launched cryptocurrencies can be exciting, but it also carries significant risks. Here are some tips to manage those risks:

* Do your research:

Before investing, thoroughly research the project, the team behind it, and the coin's purpose. Look for whitepapers, code audits, and independent reviews.

* Beware of scams:

Be wary of projects with unrealistic promises, excessive hype, or an anonymous team.

* Diversify your portfolio:

Don't put all your eggs in one basket. Spread your investments across different cryptocurrencies and asset classes.

* Invest what you can afford to lose:

Newly launched coins are highly volatile, so only invest what you're comfortable potentially losing entirely.

* Set stop-loss orders:

Consider setting stop-loss orders to automatically sell your coins if the price drops below a certain point.