Interesting to see that both sites that held an ICO/created a token are down massively, compared to those sites that accept direct bankroll investments.
In average IPO's are horrible investments, much worse than investing in index funds. I bet in the case of ICO is even worse.
If you ever hear about high risk high gain them you will never complain about this thing. Who can even predict how is the outcome for ICO/IPO? There is no one could manage that, only some of them that have some vision and some luck that can get some profit through this thing. So if you are not ready for losing money then do not invest on any ICO/IPO