ICO scams are really hurting Ethereum's price and reputation, and it's very high likely that we will never see same volatility of ICO investments (like in 2017) again because of these ICO scammers.

Let's imagine that ICO investing is now over or it's very minimum compared to what it was before. Of course there could be other types of projects on Ethereum blockchain besides ICOs but their effect on ETH:s price would be minimal, and this could mean that ETH would be only used as a store of value like Bitcoin. Could ETH survive this outcome and some day still recover it's price back to 1000 usd?

I wonder how much people have lost money during this bloodbath which never seems to end. Maybe it will continue until the overall market cap is under 100 billion.

I bought Ethereum for 5000 euro in January when the price was 770 euros, and then for another 10 000 euro when the price was something like 900€. I also bought few Litecoins as well. From original 15 000 euro I have only 5000 left now, so i've lost almost 70% for now. I haven't sold anything yet.

ETH supposed to be one of the most stable coins but I really have no idea what I should do anymore. Actually I don't even care anymore if the price of 1 ETH goes to zero and I lose that remaining 5k because I have already lost so freaking much. I even had to put my house on a rent and move back to my parents for the next 1.5 years to recover from these losses if the price does not rise again.

Sorry for opening up but I had to share my story so I can feel a bit better..