Investing in ico is not bad if you have taken the proper knowledge of that ico. There are too many projects in market but you cannot invest every project. All is depends on you , you have to make strong analysis on that project at which you want to invest. In ico the main thing is your accurate choice of the project, once you choose right project then you definitely earn lot in future.
Yes, You just need to pick the right ICO and also , give some time to research about that ICO before investing, always look for its solid back ground and give an assessment to it if it will be going to be a good ICO or not, always look for its possibility to be successful and always check its product and the use of it in the community, It is always been risky to invest in an ICO you just need to pick the right one.