Right now there are many ICOs coming out, is it really safe to participate in any of it and spend that much? In participating ICOs I have high hopes that these coins could be the next Bitcoin or other currencies that are really going up in the market.
I wouldn't say it's safe because participation in any of ICOs bears at least the minimum risk, and taking into account there is the increasing amount of those ICOs, I'd rather doubt there would be any great ICO that may overcome Bitcoin, at least, not in the nearest future.