I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.
This is crypto and each investor or trader is responsible for what strategy chosen for a particular activity. Crypto is broad and not all coins or projects will be successful at the end of the day, hence an investor is always required to perform a personal study on these projects before deciding to join its investment.
With the issue of bounty hunters being responsible for the dumping of a coin, it is now clear that that is a misconception. How can bounty hunters with an allocation of 1 to 2% of the entire tokens generated be responsible for a dump of the 98% remaining. The dumping of a coin comes from the poor strategies picked by the team and the investors as well.