I know of many who are also doing the same thing and I even know of three of my Facebook friends doing even more. I think the reason for this is that nobody can really predict which one of the many new projects will make it to the exchanges and will have value. I had been supporting some project which I believed at that time can really be good but at the end they floundered and were now gone to the wind. Bounty hunting is just like fishing you cast your net in as big area as possible as there is no guarantee that you can have the fish at the end of the day. However, some might be criticizing this strategy but those people are not the ones who can give us what we want anyway. The only thing I hate doing this is that it can be taxing, time-consuming and most of the time so boring that is why many are burned out already.