Personally, I have not invested in ICO since a few months now, because I think the best moments of ICO are passed, and especially in this period of Bear market it is very risky to invest in ICO. I much prefer to look for rare pearls on Coinmarketcap, projects already in place and progressing but not yet well known, with coins already listed on exchanges. it's less risky and you can earn much more than investing in ICOs during the bear market in my opinion.