I agree, if you invest in ico, you will lose a lot of money but not all ico is bad. You must be selective in choosing a project. Currently, it's better to invest after listing tokens.
He agrees, after transfer you will have at least some confidence that the project real. Many fakes do not even come to the exchanges. It obarzy investing after carrying out ico it is possible to save the money.
But there are also good projects, them it is visible at once. In such it is better to invest at ico stage. Because after an exit you can not buy already at low price tokens.