The elongated shape of high BC bullets increase the complexity of the mechanics of shooting them relating to stability, pressure, frictional risks to the bullet, and wear that changes point of impact.
The original and/or simplest projectile that attempts to minimize gas blow by is a round lead ball with no front that must be maintained in that orientation.
The complexity spectrum of kinetic “bullets” is really just the elongation of that ball, starting with the ball at one end, and presently ending with long, tungsten sabot penetrators, that must be fin stabilized and subcaliber because they are otherwise incompatible with both powder burn rates and barrel material.
**Your question on precision long range - the implicit first goal of all bullets made and shot would be landing from their “fall” exactly where predicted. (The second goal, inapplicable to competition, could be having a certain effect on the target). If we shot into a vacuum - no air between the barrel and target, let alone moving air, shape and density would be nearly irrelevant, and the bullet would not slow down at all until stopped, thus we really can’t overstate the role of cheating the (head)wind in bullet development, and BC is the distilled quotient of how a bullet cheats wind, to stay “precisely” on target. BC is a core concept. BC is for a velocity range, of course, and assumes a pristine example of that bullet. Our match bullets sit in the lower middle of the efficiency spectrum of projectiles propelled by powder, but near the pinnacle of what civilians are permitted to own, and while they are actually all very similar in that their velocities and BC vary by a couple tens of percentage points at the extremes, those differences they do have, consume endless hours.
The objectives of retaining initial energy, and bucking the wind, actually end up being one in the same thing, when designs are chosen, arriving at exactly the same form. If we look at that extreme right end of the spectrum, the penetrators are shaped to lose the least amount of energy possible between bore and the target. That shape turns out to resemble a pencil, and it really doesn’t matter what the material is, the form would take the profile of a sharpened pencil.
At high speed, all wind is headwind with just the very slightest left to right variances that cost most misses, (8 and 9’s) and tiny frontal pressure differences created by head or tailwind changes (9’s, mainly for low BC bullets) and possible but almost negligible vertical sheer, just to cover the bases.
The pencil shaped ogive loses the least energy through headwind. Shooters do have a harder time of maximizing high BC bullets, but I think that is more a function of their gear and their loading.
My theory for a major reason why secant ogive bullets are sensitive, is that we may “flat spot” part of that critical transition from ogive to body, that is not rounded off like on tangent ogive bullet. (Whereas tangent ogives are already almost “flat” at that same area of the bullet, thus less harmable.). We could either start it crooked, or we could touch seat such that it jams on ignition without much momentum, crunching, and deforms slightly unevenly. But if we don’t damage the bullet, it is a better shape.