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?
I think most of the investors in the early years are onto trading now since they can earn profit without waiting much time even though they could also lose some money in a blink. It has been two years since BTC went ATH and never get back again to that $19K rate so I guess they've done some research and learned their ways to become a good trader now to earn more what they've lost probably in the past.