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.
There's still safe and trusted ico around but you really need to be cautious in choosing some ICO because there's still scams circulating in this industry . Before participating in some ico make sure that it's legitimate . It's better to do some research about that coin you choose to check it's credibility.