The other thing about ICO's is that many whales get in on group buy pre-sale deals and get the coins for way cheaper than what the average person pays at ICO. Then the pre-sale whales dump theirs on day 1 for around the ICO price and then the price tanks after that so the people who bought at ICO never come out ahead even though they think they are getting in early.
There are a few exceptions to this rule. ICON ($ICX) is a good example where people who got in early made a killing.
There are a few exceptions to this rule. ICON ($ICX) is a good example where people who got in early made a killing.
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