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.
Your first mistake was expecting these currencies to be the next Bitcoin. You should be looking for something that is capable of doing something different from what Bitcoin already does, because Bitcoin is already very efficient at what it does.
The kind of risk you are taking by investing in ICOs is also not reasonable. Let's say you invested in Bitcoin when you asked this question, right now you would have more than doubled your money, without having to be exposed to insane risks.