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.
As long as money is involved, no matter how much, there is always a risk because it might be a scam motivated by a lot of money. Always be careful and always make a thorough background check of the people behind the ICO. Also read the whitepaper because there is always the plan of the company behind the ICO.