Many a trader got scammed in recent years due to the fraudulent projects, no matter if they are ICOs, social media "gurus" or trading platforms. In my opinion, it would be important to first educate beginners (here's an article on how to avoid mistakes, scams included
https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/). How do you figure one out and what can be done in near future to limit these frauds an access to the market?
I will advise those that are new to this market to read this article and apply it to their investments decision. We are not going to succeed if we refuse to apply the information in this article. The wise and skillful investors are taking the advantage of this market and make money why the unskilled are losing money every day.
do not invest in the beginning, when the ico project does not find many investors. at least you invest when ico has reached hardcap.
mark some ico and analyze the white paper and the team, I think it's a great step to invest and reduce a lot of money with your investment.