I understand your point but I'd like to point out --- the fact that only 44% of projects were still active after 120 days could be directly related to the fact that many people dumped their coins. Which goes back to my point that ICOs should be for investors, not traders. The reason many entrepreneurs are going back to traditional methods is likely due to the decreasing numbers of people investing during token sales, as well as increased regulations. The regulations, IMO, are a good thing because it will cut down on the number of Scam projects, and hopefully offer an avenue of recourse for those that get duped into investing in scam projects.
People usually sale theirs token immediatly after the token sales ended and as soon the token is listed on a exchange. It usually create a dump in the price. The one not selling their tokens so soon are the ones really believing in the project. However, most of the investor don't really care about the project directly, they're more interested in the profits that can be made
Yeah I agree here, too. I also feel that profits will be more likely to be made if there are more believers in the project, and less that think token sales are a good way to "get rich quick". Like I said, if it was that easy then everyone would do it.
