When I hear ICOs I smile, because I've never earned any significant profit from ICOs.
You buy at a particular price, when it lists you get a lower price than you bought.
Who knows good profitable ICOs these days.
Almost ICO project token price is much lower than ICO price when it got listed on official exchange and it made investors really nervous at this time so they're trying to stay away from ICO at this time as much as possible.
A lot of ICO's investor are afraid on what's the situation of the market now even in the ICO project because after the ICO and it listed on exchange the price are below the ICO price. but if you have a patience to hold until the market going well, it will give an profits.