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.
safe or not it depends on the project developer or I can not figure it out, next bitcoin? no, I'm sure there are no coins that can rival or replace popularity as the first crypto currency.
I agree. It would depend on the ICO you're joining, if it has good plans to develop and a good amount allotted for its bounty, then I would say that it is a good to participate in it. It would also dictate how safe it will be since if the developers have a concrete plan for it, then it would amount to a safe investment. Actually, it would be better if you would try to find out background details that can help you determine if the project is legit and safe. You can also check the management of the project, because unfortunately, there are a lot of scammers all over the market that take advantage of ICO joiners. That is why many think that ICOs are scams.