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?
There are still investors in cryptocurrency, infact alot of them. But everyone is trying to be careful about investing into new projects so they dont run at loss if those projects eventually do not reach their soft cap and investors lose money afterwards. People still invest, just that it is done with so much caution