Unfortunately most of the IEO only gave us promises no use case yet, so any turn around can still happen but investors have lost so much and have learnt their lessons.
Even with ICO, that's normal, they raise funds to implement their idea so if you want to be profitable in short term, you should go with the exchange that knows how to hype their investors and that is Binance. There's a big difference in short term and long term investment and therefore it needs different approach, we know that IEO projects are for long term, in the early stage they only show potential but we will only see if that potential is real when they the project are already operating according to their purpose. Also, I believe most investors here are for short term as they easily panic when the price dump.
