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?
I would do the second part of your statement now and wait it out and that isnt because all ICOs suck or are scammy. I think majority of them suck and if you dont mind losing a little profit off the top then going the safer route is probably best for you. I personally dont mind losing some profit if I know the project I invest in is no scam and that I can have an outcome based on legitimacy. This means more to me, its up to you to decide yours.