You have a long list of altcoin portfolio that have tanked down by 90% since you participated in the ICO. What was $5000 is now worth $500. You are at a loss of $4000 and there happen to be an upcoming token sale that is pretty hyped.
You are in desperate need to recover your losses and you plan to invest in that hyped token sale in hope that you can earn 5-10x. Would you:
1. Pump fresh fiat out of your pocket into the token sale or
2. Trade off the the altcoins you have for BTC/ETH and invest into that hyped token sale.
1. I wouldn't invest in hyped coins just to recover my previous losses. There are lots of people who are paid by companies to hype their coins.
2. If there is no progress in the coin in the market and only a few people do trade, then I might consider to trade it to bitcoin but I won't buy the hype coin.
Agree! Don't be fooled with that hyped token sale. You might end up losing your money again. You have to think wisely on where will you invest your money. Invest with those who have a potential to grow in the future. Not just because of that hyped.