Dilution of the token is a foregone conclusion with token released everyday and trading occurring at the same time on exchanges. Is it therefore wise to lock-in your ETH for one year before you know the actual price? The ICO maybe the first of its kind and the last of it kind. There is just too much uncertainties to buy in the ICO than on an exchange.

Having said that the flip side is there is not many participationing in the ICO which will result in more distributiom of the tokens to those who have participated. So maybe the strategy is to hold off on buyng until the last few days/weeks to get a picture of price v distribution.