I see, and I've to say that I'm quite agree. But the usual problem for this kind of "strategy" is the "when to sell", as the initial pump (that usually happen right after an enlisting and that usually followed right after by a dump) has a 50/50 chance of being the ATH as well as a low rate compared to when the coin reaches certain stage of development in weeks that follows
This is not like in 2017 anymore, this is 2018 and ICO will get list on exchange and then pump, after that people will forget about it and hop on the next ICO train.
Hmm... Sad but true, that so many ICOs these days are merely stepping stone, a project that much less like a PnD game where some gain profit while other suffers loss. I still hope this one works well, though. I've been with them for five months