I don't invest in ICO in a bear market. And I have not seen decent projects at this time.
Throughout the bear market, I tried to accumulate bitcoin and eth and trade. In my opinion it will be more profitable for me in the future.
You have a good decision, because in yesterday's market conditions we didn't see a good ICO project. there are some who get the target but after entering the market their prices fall immediately. there are no interesting ICO projects to follow in poor market conditions.
Well you can invest in icos both in a bear and bull market as long as the ico is sound and is looking to have real good use. The challenge ready is not when to invest but where to invest. It may take thorough studies and research to determine which projects are decent amd have a good chance in the market, and which projects look like a waste of time and money.