Gone are the times that bounties are a very good projects you can participate in as a newbie and get big reward for your effort. But over the years, with the introduction of new projects that exhibit scam features, they are no more reliable and a reliable way to earn money again from the forum. Just like you said, they can make you waste your time and get penny or no pay for your efforts, that’s for those that intend to pay. Most don’t again and it’s better to avoid them instead hoping for something that will not happen. The cryptocurrency market has become very vast and a lot of gullible last are taking advantage of it that’s why it’s better for newbies to seek for advise and guidance before taken part in anything in the crypto space.