I just want to make clear, almost all ICOs are scams. Reading the source code should be the first step in a vetting process.
There are ICO stats sites tracking the history of (all?) ICO's in spreadsheets. I will look for a column denoting whether an ICO was a "scam" (but not the Jamie Dimon definition). There are columns, however, that keep track of ROI to date and it appears almost any portfolio, even with L's, could be positive with a generally expected return of about 3x, or the opportunity to grab 3x on average. If this is doable within a cycle of 3 months, then there appears to be an opportunity to do 10-12x annual (USD risk capital), despite the losers (and/or scammers), with a relatively smooth curve.
About your projected 10x return, we have to consider the performance of BTC, which went up 10x this past year, for buy-and-holders. I know of a good trader, currently migrating from stocks to cryptos, who admits he did not make as much as the BTC buy-and-holders, but can boast of a steady equity curve instead. This is because his style is more like volatility pumping, which does great in a sideways market, but falls behind in a strong uptrend. He ladders in and out, discussing his method in YouTube and on Steemit, to an enthusiastic following. Of note is his discipline and patience to wait for those sizable dips that come along maybe only 8 times a year.
It's nice to know there are people like him just waiting to buy up any 30% dip with a relatively high % of risk capital. I hope you will be adding to that weight, for the sake of us who may prefer to buy and hold. But the big, elusive prize is how to accumulate more BTC, and 10x BTC annual would be epic, so i hope you can clarify.
Through the Jan-July BTC bull, a portfolio of 100 alts, purchased on Jan 1st, would have gotten 2x BTC (depite a handful of L's...scams?). Then the alt market died for 4 months. So it is very challenging to get 10x BTC, although a small handful of alts did, and some will continue to outperform.
Regarding this particular ICO, one of many trading oriented ICO's coming out, just because they are from Russia, and will be conducting their ICO under Caymen Island jurisdiction doesn't mean they are a scam! Er...
