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?
In the market like this time, I can say that it's very risky to invest in cryptocurrencies, because market is unstable and market cap is too low. We need a hype like 2017 to increase the inflow to this market, by some kind of investment trend like ICO or IEO.