How many people actually participate in the ICO stage of new alts? It would appear the obvious answer is a lot, considering the amount of money they raise. But isn't better to wait for the first storm to pass and then jump on after all the hoopla?
The short answer is NO!
If you invested in every single ICO, including the crappy and scammy ones you would have seen a return on investment (ROI) of 1320%.
Think about that for a minute and really let it sink in...There are such huge amounts of money flowing into crypto right now that its more important to get in early, than to try and find the absolute best ICO to invest in. Of course, you should not put all your eggs in one basket or you will get burned. You need to spread your risk.
Here is a good article about it
http://uk.businessinsider.com/ico-mangrove-capital-average-returns-crypto-icos-2017-10