Of course investing in IEO projects is one way to make money in cryptocurrency. Although many IEO projects are scams, but there are still
around 5% -10% which are legit and profitable. To choose IEO projects, you should choose exchanges with popular and have real volume.
Because good exchanges definitely filter IEO projects that will be listed, and I admit that the IEO binance indeed profitable. Meanwhile,
Latoken IEO should be avoided, because most IEO projects listed on Latoken exchanges are shitcoins.
Latoken gives infrastructure - you can't build it yourself, you can't use the tools this exchange provides without joining it. It's up to you to work on your project and community or not. Your further fundraise depends on it, meanwhile. It's up to you to research a specific IEO or not. But the truth is this platform is friendly for users.
I'd compare it all to the crypto market itself. I mean you can loose everything investing in BTC or you can get 5x doing investments after research.