You will definitely loose money if you put your money in Passive earning schemes (e.g. Bitconnect). Stay away from them. Trading is difficult and sure as hell could make you money.
If you want to get the passive income, best option is through Funding the Margin Traders by providing Liquidity from exchanges like Bitfinex. You can make as much as 0.03-0.1% daily.s
Investing in ICO is okay in terms of Risk given you are investing in them after a long and thorough survey. Without survey and Looking into project Technology and Team's dedication to work.
90% of ICOs will fail in long run. So either get out early or Find the ICOs which are here to stay otherwise You will end up holding the bag of Sh*t when the Bubble Burst. Yes. ICOs right now in Bubble. Accept that and work your way around, You can stay longer than most of the people making money.