When the beginning of ico appeared, I was very interested in investing and it was true that in the beginning there were many benefits, but as it grew, the quality of ico itself declined due to the large number of projects that failed or ended in scams. at this time I would rather put money on altcoin than in ico or IEO funding because they are both equally high risk
Practically speaking that's right, way back there's a lots of chances to earned from this place of investment but right now it's hard to pick the right project to support and invest your money, the amount of risk is very high as there's a lots of possible scam projects that will only run your money away, it's a good deal when you pick the right one and funded project that will generate good outcome.