Icos look for bounty hunters to promote their project through the power of social media.Sometimes, some of these hunters also double as ico investors. But it looks like bounty hunters understand ICOs project and are able to determine very good projects before they invest because of their experiences in different projects.
Maybe a bounty hunter, has become an investor when choosing a project to campaign for. But even someone who has been here for a long time still has the same risk of participating in ico. But of course knowledge will be useful when needed, and a bounty hunter should learn from mistakes.