I think that in your words - a big part of the truth.
Bounty hunters encounter a lot of scams, and have their own experience in choosing a project for participation.
Large loggers usually work with a team of specialists and do not have to analyze them themselves.
And people who work a little in the field of crypto currency, invest money at their own risk.
yes, there is some truth in this. everyone has his own strategy and approach to work. Someone studies and works a lot, but someone copies and follows the advanced ones. As they say, in the war all means are good.