as we know that in 2017 many ICO were successful (at least reached softcap) and of course the market cap was also very high at the time, so it proves that many people are interested to investing in cryptocurrency, but now where do these investors go? because now the market cap is down and many ICO or IEO are failing (not reaching softcap), are investors no longer interested to investing in cryptocurrency? if yes, where are they investing now? or is there a more profitable investment than investing in cryptocurrency for now?
Most of the people that invested in bitcoin, ICOs and other cryptocurrencies are professional investors. Some bitcoin and ICO investors in 2017 are from wall street and some are from JP Morgan. Also, many top investment banks, hedge funds and institutional investors invested in bitcoin and ICOs after the market crash they all went back to their original businesses.