Yes that's true even me in my first in the crypto i'm just looking the rating of ico but even if the rate was the project was not good to participate because some of them are going to be failed and not reach of their hardcap.
not all projects succeed, you must be careful in choosing a project that is a team and knowing more details. You better ask someone who knows more so you can know a little about the experience. Every coin is not all good, you must be good at choosing what abilities you have, whether you have great potential or not, if you already understand everything and you have the opportunity to succeed.