Yea, it's true IEO is the order of the day now and most exchanges which are not even on the top 10 exchanges in crypto are hosting IEO, to save your funds and make more gains, invest in IEO of top 5 exchanges hosting IEO
even for the top 5 exchanges there is no guarantee of profit. Have you ever heard of the IEO project in Bittrex which made many investors still suffer losses? it should provide an experience for everyone if investment in the IEO is not a solution to profit.
Bittrex has long ceased to be the largest exchange. It refuses to update to improve better support for users, so many people have moved to another exchange to trade. So Bittrex IEO fails, I think it's not surprising