I call it gambling. You're tossing money at it without understanding what it does, why it was conceived, who the target market is, what are the prospects for growth, etc.
While 99% people including you will underestimate them.
You presume a lot. I also invest in such things, the difference is a fair amount of research before dumping money in some new project that may or may not have any merit to it.
Anyway, my original reply here was not aimed at you specifically, more to any new people with FOMO who might be in for a rude awakening once their "investment" tanks.
As for your strategy, personally, it's none of my business - your money, do what you want with it, and good luck.
I'm putting money maybe in 20% percents of those undertakings.