I don't know about you but I think every investment made in crypto are always risky, especially when that investment is made in an upcoming project that is not known by alot investors, it's always risky when investing in new projects because some times even after buying at the IEO or private sale price, then it gets listed the price of the token most times dump even below the IEO price, sometimes it doesn't recover from the dump and end up being a dead project, investors have lost their trust for new projects since the 2017 bull run, now they prefer investing in popular cryptocurrencies than new projects.
but not all investors lose confidence because what I observe there are still some successful projects in doing IEO, including the signature code that we use now. And also there are some projects that provide benefits to investors, it's just that we have to be very careful in choosing projects