As we all know every investment has risk involved whether it is in fiat currency or crypto currency, we can't reduce risk to 0%.
now ICO investment risk will always high if you don't do proper research about particular ICO before investment,
Today most of the ICOs are nothing but scams and are bound to fail. They have nothing but copy pasted whitepapers, the same concept for product as everyone and no plan of how they would market the coin to its target audience. More than 47% of ICOs launched last year have failed. Thats a huge failure rate and I wouldn't recommend investing your hard earned money into something so risky.
Yes i agree with this, most of ICOs now a days just looking for people's money and run away, but if you find ICO which is genuine than it will give you profit as well but there are only ICOs which are legit, it is very difficult to find out best ICOs to investment.