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?
for 2 years ago precisely in 2018 and 2019 was a bad year in cryptocurency and very far compared to 2017 ago. Investor interest has now been lost because there have been many ICO projects that have lied to investors so that many investors no longer trust ICO / IEO at this time. and the fall of cryptocurency due to many scam projects. and hopefully in the coming years the scam project will no longer circulate in the world of cryptocurency, thereby returning investor confidence to re-invest in cryptocurency.
Last two years ICO and IEO have been scam with lower price and make many investor not interested with ICO and IEO again, when bitcoin back with higher price and altcoin have been potential with higher price maybe all investor back again with ICO and IEO because have higher price after listing on exchange.