Back in october when i invested in my first ICO, everything seemed like a dream. The coin i invested in rose over 25 times and every other coin was going up. I wanted to invest in more ICOs but i waited and saw that from that time almost all ICOs have gone down and not even given the value they were purchased for. Why are people still investing heavily in ICOs when they know that there is a higher risk of the project failing or atleast the price going down?
If prices are falling right now then they know very well that the prices will come up one more time in the future. If that happens then it is the advantages of the investors as they will earn lot more money than normal investment. See, its very simple calculation, if they keep thinking that every ICO is scam then how the whole crypto currency projects will work at all? Somewhere somehow people are looking after to grwo their investments and in the crypto ICO is the only way to do it. If not then there is less opportunity in other ways of earning money or it is far risker than putting your money into ICO. For example, gambling, lending etc. These are some of the facts that tells us why ICO business is still green and why people are still into it.