Far from it, on a scale of 1 to 10 as investors, I will give them a two. The Bounty/airdrop hunters make up the group of people who dump their tokens at ridiculous low prices the moment a coin/token hits an exchange. Majority of them, have zero idea of the roadmap of the coin and hardly read the whitepaper.
While it's true that majority of bounty hunters dump their tokens almost instantly, i will love to defend with the following points1. These bounty hunters served ICO for months without any form of monetary reward, they probably pay for brandwidth and other necessity with their personal money, so they might be broke by the time such ICO coin/token hit exchanges and will want to make "quick money"
2. Some projects lack value/proper planning and bounty hunters don't care. They will rather dump and move on than to hold on to gems which gradually turns to stone
