There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke... The Bittorrent ICO would have been a good one to invest in just because of the hype behind it. If the token goes to $0 in a few months it would still be worth it because people are tripling their investment within a few days (probably not worth buying right now, but do your own research). Those type of ICO's are 1 in 1,000,000. The majority of the ICO's people are investing in are pure garbage. They have no utilitarian uses and they have weak fan-bases. I can't comprehend why people don't wait until POST ICO release, THEN analyze the platform and decide whether or not to invest. Doesn't this sound like the best logical solution? Sometimes even quality ICO's dump and you can pick some up for pennies on the dollar "fire sale".
This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days -
https://nauticus.exchange/exchange/BTCAUDInvestors are doing it now, they prefer to invest when the coin hit the market than waiting for months with uncertainty, this is why so many ICO cannot reach the soft cap, even if the project is very good because they think that ICO sellers and bounty hunters will dump the coin when it the market.