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.
Yes it is generically they are providing advertising groups for their COIN/TOKEN to have a more profitable ways through the internet. Almost all ICO's are successful and they profit more than expected. So all the investors benefit from it too. Not only you can be with ease and the coin creators literally provide exposure all you have to do is to watch the price to jump high and sell for the expected price or profit you want.
Dependent on the project, it's actually very safe. And when you get into a good-promising project, you can multiply your initial investment by 5 or 10 times. This is reality. The thing is seeking the best initial coin offerings always.