I am inexperienced in crypto but I don't lack common sense. I have only participated in one ico which was iconomi and it was $20. Even that was difficult to do.
I only hoped to mine this coin not buy in. My inexperience is begging to know fact from fiction when people yell scam, if as you say because it's simply an ICO. Should I be cautious of Komodo? and if not, why not?
Thanks for your time
It's understandable, everybody has to start somewhere.
My previous statement regarding giving money to an anonymous person over the internet without an insurance being a terrible idea still stands.
And you might have earned some money from a single ICO but that's like winning in a slot machine: it's possible but it's not up to you and you're bound to lose if you keep playing. The house (anon devs) has the edge.
But all in all, common sense will take you far, just don't even jump into anything blindly and always plan carefully and only risk that you can afford to lose.