I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?
I am sorry to said this to some extent this is not truth. As a cryptocurrencies enthusiast I have been following events on some coin and one thing that I have find out is that many bounties hunters did not always allowed the developers to develop they projects and follow the read map before go to a decentralized exchange like etherdelta and idex to dump them. If you want to know the value of a coins you will need to wait until there are develop and list at big exchange.