I will totally agree with you !
Its been a while since my last ICO purchases STRAT, ANS , ICN and prior to that was ETH !
Was i profitable ? heck yeah ! But what i didn't like in the whole idea was my money where trapped for a long time, I could even bought more during alts winter time for a much better price, but you can't have it all right ?!

My point is i never touch ICO's i see on ad's especially on FB & thru mail ad's !

SEC is remember to take action when a ICO drama is taking place.. and ofc seeking for another reason to try to regulate the cryptoland ..!