EIO is nonsense its like gambling we need to hold some coins during the snapshot period and we get the ticket, after that we have to wait whether we get the ticket or not.
I hope you don't invest in IEO anymore because it's no different from gambling.
Well, its a gamble for sure, like almost everything in the crypto space. The main danger is the price decrease of exchange tokens that you are holding. I have seen some reports that indicate a listed token should do at least 5x upon the listing to cover the losses in holding BNB/Huobi etc. tokens.