Exactly. When someone puts money into a project they do it to make profit and there is no investment without risk.
You also can't calculate your future wins or losses based on the current price of Lisk. Even if there is a refund it will be a at least a months from now before you see that Lisk. Much can happen to the price until then. Not to mention you don't have to sell right away, and it's only becames a loss or a gain when you sell.

But I think all of this is academic. I understand that it is concern to see the percentage for the goal not simply stagnate but decrease. But this TEC is far from over, lots of time left, and we are not sitting still, there is a lot of things happening in the backround.
I have much more riding on this than most that reading this and I'm not losing sleep.

It's almost everyone best interest for this TEC to be successful. From a refund nobody benefits, while a launch with a low initial market cap has it's own opportunities from an investors point of view.

So sure, there is a chance of refund, but I think it's lower than some people here seem to think.