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?
I think that of all the ICO about 5-10% became successful. I'm talking about those ICOs that brought investors a good profit. Many projects simply received investments and do not continue to work on the product or develop their business. Their tokens may fall in price. You need to understand these risks when investing.