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?
That might be true a lot of ICO were still successful today but still compare to the past years of ICO in cryptocurrency or even in this forum,
A lot of ICO's have failed in finding its investors in the project and a lot of them also just a scam ICO because the token is not going to maintain in the market and sometimes worst the token is not even listed in an exchanger because the developer of the token have not maintained the token in the development. I think a lot of investors already lost their trust in ICO's and only a small percentage of investors are only investing and risking their money in their kind of profit.