Buying new listed ICO can get you insane amount of money or make you lose your money. You are taking a risk, but if the risk pays off you will never ever have to work again....
This is not true, "never have to work again" just for buying a new altcoin on an exchange? are you paying attention to what you are posting? This is ridiculous. But yes, buying as soon as it gets listed is profitable, most times i am earning 10 - 20 percent easily.