I began to think this would be a waste of time with everything I learned because almost all the projects I had followed ended in scammers. Is this a waste of time for me?

If you just pick any project in the announcement thread and on bounty section you will end up not getting anything, compared two years ago, the risk is so high now, almost 8 out of 10 projects are either scam of a failed project, bounty hunters are having a hard time making a profit.