For such a short term trade I would suggest going for very popular ICOs. When they get sold out fast they tend to jump in price once they are listed on a popular exchange.
NOYou should not do this. The last few popular ICOs have completely TANKED when they hit the exchanges.
Just look at both Bancor and sonm! They were super popular and I believe both are trading below ico price now.
If you want to invest in an ico make sure it isn't excessively hyped and make sure they have a cap that is reasonable.
None of these projects should be raising 50+ million on white papers alone.