Right now there are many ICOs coming out, is it really safe to participate in any of it and spend that much? In participating ICOs I have high hopes that these coins could be the next Bitcoin or other currencies that are really going up in the market.
The question should be whether it is completely unsafe to participate in ico, because we all must be aware of the risks. But in math, there will definitely be some of the ico that will be successful even though it will not be like Bitcoin. Our risk is finding a few really good projects among the many available.