Of course, many of the current ICO projects are scams.
This requires people to judge themselves or collect some information.
If you are a newcomer to a cryptocurrency, it is not advisable to go to ICO. Instead, try to buy some existing coins to try.

Do you think that the price of stocks is stable? Similarly, the price of Bitcoin cannot be stabilized and it will fluctuate almost every day. This is a feature of the cryptocurrency market. This is a means of profiting from speculation and naturally comes with risks.