If i would have more money to spread at this moment, i think that i will think it twice, probably i would put some funds in ethereum and the rest on another ICO, we are on a bear market so it could be a good decision
Investment in Ethereum is a good decision as the price is down but I don't think ICO is a good option to invest you funds because it is very risky now a days to invest in an ICO. It is also very difficult to pick a potential ICO. So I suggest you not to invest in ICO chose some other alts like XRP etc. for investment.