the high price you see which falled is when the token hit the exchange. in good icos it should not happen like that ( very few as I mentioned), but the common scenario in average ico ( even still kind of good project) still getting to dumb. the project. How much the dumb depends how much speculators not real investors hyped and entred the ico. they dont care about the project on the long run , they want to get an opportunity and run away.... may be some people know what will happen so they prefer to dumb their bags on high price and then load them up again at a cheaper price.
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Thank you very much, it makes total sense. The other day I was thinking of either to start getting into ICO or just watch them how they progress and jump in at the right time. Now it makes more sense and less risk involved is just to watch interesting ICO lunch and get in once the right time presents it self.