This happened to almost every bounty hunter because no matter how much you research before joining a campaign there is no way to know for sure that if the ICO or project is going to be a success. It would be best to just move on and do more research before joining any campaign and be prepared for 5 out of 10 campaigns to fail.
This is true. Initially, you have to prepare yourself for losses and collapse. This is the only way you can objectively look at things and try to avoid bad situations for you.