The NEO is in the midst of a downturn as exchange rates fall after the Chinese government has issued a moratorium on cryptocurrency. Therefore, investing in NEO is unlikely to be a loss. At this point, you should keep waiting and be patient with the cryptocurrency market.
Yes China ban on ICO had impact on NEO and all crypto that's a fact! But I don't see that Ethereum is tied up to any country so I dont think that we should look at Neo that way. And there were nice projects on that platform both as on ETH but now its not time to judge anything cos of the extreme dip and bear market.