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?
When compared to 2017 it is very much different, in that year cryptocurrency was very profitable because the price of coins increased very high and then attracted a lot of people because people who are in cryptocurrency got a big profit and then started many people who were interested in it and where they are now, we can see a lot of unfavorable projects and a lot of falling coin prices that make investors get a lot of failures in investing, maybe now investors prefer to wait for the right time.