I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.
I know for a fact that most of you know this situation and are guilty of it, price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
I have this feeling that these ICO's don't have enough eth or btc to pay bounty hunters and even if they got funded they will still not pay for bounty hunters with a tradeable token, because they knew that the price that they are going to pay for bounty hunters are cheaper when they pay with their own token, because they did not know if the price will go up or down, because the market dictates the price and it is very uncertain.