Please fellas take a minute to look at the image below
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FltMcM7V.jpg&t=665&c=uupuGvRRloJong)
Every projects with ICO fundraising has this bars showing on their website if they've met softcap or hardcap,what came to surprise me is some investors depends on this bar to decide whether they will invest or not,they want to be sure that more investors are buying well you might be wrong.
1)Some projects are so shady that they will feed investors fake bars indicating that the sales is going on very well just to make you invest.
2)How can you just depend on a bar to decide if they project is good or not?even if people are rushing a ICO project doesnt mean the project is good,ask what happened to many investors who blindly invest in IEO projects when they rely on exchanges.
3)some projects presale fund raising might start very well and ended up not meeting hardcap in the end.
Rely more on your researches,no knowledge is lost and knowledge is indeed powerful.
In my opinion, what you say is very good information. It is true that some projects could fake their bars to attract investors because with the high bar or fundraising almost reaching the hardcap it will make some investors think, this must be a good project because they can raise funds so much that many investors decide to invest in the project without analyzing how the project is. So, in my opinion it all depends on how every investor observes various projects before deciding to invest in the project, so be careful.