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.
That is if you are ready to invest smartly and not just stick your head completely in a project without doing some research however sweet it sounds to the ears.
Investing in ICO can surely give the investor a lot in the long run, but it is always important to still be very careful most especially on the team you are leaving your funds with as that is how I see such investment and leaving your fund in the hands of people who absolutely have nothing to offer or has offered anything and do not even have good advisers, should be a red flag.