You're doing it wrong. You should look at the team and the experience they have, whether this project exists already (e.g we have Monaco, TenX, Centra, MoxyOne and many others) and none of them actually delivered 100% what they promised etc. so unless you really see the potentials on the project, you really shouldn't invest. Ignore the moon bullshit they are trying to feed you.
This is valid for both bounty hunters (because they are wasting their time) and ICO participants (wasting money).
I also think traders can not make profit by making investments just by following the price charts. Before investing, I think it is really important that following the news and reading the comments about the ICO or an altcoin.