Dude any ICOs that would launch their ICO on a bear market will surely fail,that is the basic thing you need to know when it comes to investing ICOs.No one would ever invest to an ICO when the bears are still dominating the market,because most of the investors are pulling out their money out of the market just to be safe and to cut their losses.
This is not true at all, the success of an ico is determined by the quality of the project itself not by the market in fact in a bear market you can get some pretty good projects for cheap so if you have the money and you have a good eye to select icos that are going to be successful that is the time to invest since you can make many times over your investment.