ICO's definitely carry some risk. But the key is to become familiar with whitepapers and what to look for Good & Bad! I keep 75% of everything in btc because its the safest and that leaves me 25% to make higher risk/higher reward purchases. A few ICO's and whitepapers I really like and purchased recently are http://www.protexproject.io/ & https://powerledger.io/ . They have great whitepapers, strong team, huge market, and awesome ideas! Hope this helped