This is a friendly attempt to give you speculators some information to prevent you from shooting yourselves in the foot, because of your myopia. These risks aren't disclosed to you in the prospectus for the smart contract app ICOs. Bitcoin is rising in price (likely heading to $2500) and I would want to keep my powder dry to buy the best opportunities based on the following risks...
I see your point, but the ICO has been a trend for a year now and this is very risky because there are lots of new coins joining the crypto market and can make the price of these coins drop so fast.
People who are investing in ICO know the risk and know that the coin price can be very different from the ICO price (better or worse)
Why do you think that app tokens have no value, when we are able to trade it for bitcoin in exchanges?