Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.
http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/All investments intails certain risks the only edge we have from this risks is proper knowledge of what type of investment we would like to take. And in investment i think it is very important to invest money that we can afford to loose and not to put everythingon one setting so that there is room for improvements and less frustrations..
All investments must think of failures. Do not invest when the money is used to cover the family, we do not have to gamble. After careful consideration, we absolutely do not regret.
I do agree with you that we should always invest the money which we have extra and we should never put in the money which would be used for any financial use. Investing into ICO projects has turned much risky these days because most of them tends to be fake but the ones who are really legit has a vast profits ahead so thats what makes the most of the investors go for such projects.
Understanding and studying about the project gets much challenging and also if you are able to read and understand the project than you could indeed have some good profits in investing into ICO projects.