Indeed. I usually suggest people not to invest in ICO’s nowadays as there are many cases of scams and ponzi schemes lately. Though there are some lucky people that earn good amount of money by getting in some good ICO, but there are many people that lose much of their investments by pouring money into scam projects. And that’s true advice that people should follow, “never invest more amount than you can afford to lose”. It’s better to invest in well established coins rather than getting involved in ICO’s.