After six years of navigating the world of Crypto Assets, I have come to deeply understand a key truth: every transaction on the Blockchain leaves a trace, and these traces often reveal potential risks. To protect my investments, I have gradually developed a three-tier defense strategy that I strictly implement before each transaction.

First, I will carefully review the token distribution. If I find that the top ten addresses hold more than 40% of the tokens, I will directly reject the project. At the same time, I will verify whether the project team's tokens have a clear lock-up plan and check if there have been any unusual large transfers recently.

Secondly, I will conduct an in-depth analysis of the project's liquidity situation. This includes verifying the locking status of liquidity provider (LP) tokens and staying alert to projects that concentrate a large amount of liquidity on niche decentralized exchanges. Furthermore, I will use professional tools to track the historical activities of market maker wallets to identify potential manipulation.

Finally, I will assess the overall health of the project's community. I will focus on the growth trend of the number of holding addresses, check the proportion of exchange accounts among large holding addresses, and use professional platforms to screen for suspicious behavior.

Last year, a highly regarded so-called "metaverse rising star" project turned out to be a typical cautionary tale. Through in-depth analysis, I found that the project team secretly allocated a large number of tokens to 50 addresses disguised as retail investors before the issuance. These addresses organized the dumping of tokens after the opening, while the project’s claimed "community governance" saw almost no participation. Ultimately, this project collapsed in just three months, leaving many investors with significant losses.

This case once again proves the importance of caution and in-depth analysis in the Crypto Assets market. By establishing and adhering to these defenses, we can better protect our investments and avoid falling into potential traps. Remember, in this rapidly evolving field, staying vigilant and continuously learning is the key to success.