I have noticed that many investors are buying during ICO but not because of long term or they want the project. They immediately sell their coin/token when the price triple or even 400% gain and find another ICO again. This is one reason why the price of coin/token drop or sometimes below ICO. They do not think about its use in the future and it is possible that the value is higher.
#Datarius
In my own opinion and what I see basing on what I learn and read from the past that when selling there altcoin from ICO its a big yes for because the selling the ICO market value decreases. Which I think the lose interest because they already have earn double and triple/ high percentage increase.
Like when I buy bitcoin, it is increasing(the market value) for so it is increasing. So when I sell my bitcoin bitcoin decreases and so again this what I understand and even I am a sr member please dont say anything like " Your a sr. Member you still dont understand and you bought this accouny" please dont judge me.