Its looking like investors are decreasing because of the present situation in crypto world , the bearish market, ICOs not reaching successful milestone such as soft cap which is end results of scam ICOs all over the places, some ICOs even lied about reaching softcap in order to lure investors and at the end of the day, they run with the raised funds and that is no longer a secret thereby making investors and potential ones to be picky about the project they invest in
I just realized that the investors are actually waiting for a bull run. They all recognize the inherent potential of cryptos (most especially ETH). Sadly, the best time to invest in any cryptocurrency is now., most people that are waiting for an ATH to invest will lose their crypto, because only genuine projects can survive this drought-like experience.
making investors and potential ones to be picky about the project they invest in
This should be the mindset of every investor in the first place. The ability to discern good projects comes from DYOR and being good at it.