Hyper tourneys are just as you would describe them: hyper. The blinds go up super fast, so basically you have to be able to try and get paid off early in the tournament with a good hand. Eventually it hits the point where everybody is very low in chips, and even the chip leader is 20 big blinds.
I have never been very good at hyper SnGs/tourneys. Hyper turbos obviously tailor to the players that are more aggressive and getting it all in with marginal hands. I much prefer deep-stack tourneys, where you can relax and get it in with the nuts.
...For what it's worth, a couple SnGs of a certain game are not nearly enough of a sample size to figure out if you are good at it or not. Also, you might want to employ some proper bankroll management with that Bovada bankroll, because if you keep playing $5.50 tourneys with a $7 bankroll you are almost guaranteed to go broke.