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.
Choose the ICOs they have achieved softcap, so our chances of success will be higher, but there are many fraudulent schemes that have created a scam softcap to cross the eye, so check out. Smartcontract carefully.