I have found that all the ICOs i have invested in have launched at almost the ICO price but in a few days dipped below the ICO prices by half or 5X for some.
With this i have discovered its better not to invest in an ICO but wait for the launch and the DIP to buy it at the corrected prices made by market forces.
Its just too hard to tell the real or recommended value of a token in an ICO these days.
Hope this helps to the new investors thinking of ICOs
Any investor who has spent a considerable amount of time chasing ICOs and trading Cryptocurrencies knows this a sound strategy to follow, neglecting those few projects that their prices never dipped. But the question/problem that arises if everyone was to wait for the launch and the DIP to buy at corrected prices, then who will buy during the ICO?