I wanna share my experience with you about bounty/ ICO. In December 2017, there was so many ICOs that you could get x10 or x20 profit.
However, It was competitive to join in those hot ICO because of whitelistiing and gas war battle. I finally found one and get whitelisted. It guaranteed that every whitelisted member can contribute with 1ETH. The market started to bearish in early Februry, I decided to contribute 0.5 ETH, at the same time, I also joined 1 bounty. As of today 03/23, the free tokens i got from bounty are still same price of ICO, but the tokens I bought from ICO goes down from 0.0005 ETH to 0.0002 ETH.
I realized that many ICO just goes down when they hit the exchange, with that experience, I mostly join bounty.
You have nothing to loose to join bounty but extra income.
Do you have any experience with your ICO or bounty?
After the end of the campaign most ICOs tokens are going down in terms of price because both the teams and the investors want to dump their tokens ASAP and make some profits. Most were started by online marketers creating products for ICOs, they can promote and make money off, rather than developing solutions that can only live on the blockchain.
You definitely have a point why choosing Bounty over ICO and many people do the same as they don't have to risk any funds. However, if you contribute to ICOs that have their focus on building a product, have their token utilized and go on exchange only after there is demand for it, then you can make more than 20x as an early investor.
If you have few minutes you can see how my team and I have structured our token sale as an example of the above: https://winto.io/