That's why they keep on saying DYOR = Do your own research.
But newbies today are different, unlike before we've been looking for the appropriate answers to our questions that comes out of curiosity. Now people are only curious on how to become rich overnight.
yes, what you say is the fact.
currently there are many investors who want to be rich in one night, without even knowledge and experience. this is careless and very risky in an accident.
one must find out in advance about investment education, especially if for an ico investment. study, research and analysis