It's actually not that risky if you do lots of research. Its risky for the idiots that throw money at anything that is hyped up with lots of advertising.
I agree with you . Many investors simply having heard the promise of getting rich believe him and not learning anything are in a hurry to invest, but there are ICOs that, at first glance and after much study, seem promising and promising, but ultimately turn out to be a scam. There are many examples