Recently i took part in couple of bounty campaigns,and i though i can earn some decent amount through it...but it was a total waste...i took part in targetcoin and coss ico campaign and after 2-3 months i recieved the bounty which is worth only about 8 USD including both

it was just total waste of effort and time
Well maybe they gave you right amount of coin and the problem is the value of it. This is normal for the first few months for the price to go down. To solve this set your target price, make sure this target price is reachable by time and by value. If it hits you target price sell it. The key is to wait and be patient.
Before joining the bounty campaign it is necessary to check first if the bounty is worth it. You have a point there, it is okay to wait for the price to go up to sell your token. Once it will up probably you will gain profit.