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 there are many contributing factors why most of the investors are gone, in 2018 when the crypto market was affected with longest bearish market season, Many investors or hodlers was affected by the decline of the most cryptocurrency prices "at the alarming rate" and it can directly translated to loses since most of those investors are just newbies in the crypto industry that's why most of them are gone. if they are still investing til' now i don't know. but for me the cryptocurrency was still attractive investment in terms of profit. but you need to gamble.