Recently, I've been messing around with address profiling: tagging, clustering, and analyzing fund flows. It definitely saves time, but honestly, it's only for "reference"—don't take it as the truth. If someone has multiple wallets, mixes them up, or crosses chains, the profile immediately becomes as unreliable as fortune-telling; not to mention, I don't even know who assigned some of the tags, and if they're wrong, no one is responsible.

Now I feel more like I'm practicing: when I see "suspected smart money" getting me itchy, I first note down my impulse, then check the on-chain details and contract permissions again after five minutes, especially those that are upgradeable or have a single admin. Even if the fund flow looks good, I’ll avoid them for now... Anyway, I’d rather miss out.

By the way, recently there's been a heated debate over NFT royalties. On-chain, it looks pretty straightforward: change the rules, and the money finds a new route. The market isn't about reasoning; it's about finding the path with the least friction. The same goes for tags—they can help you avoid pitfalls, but don’t let them make decisions for you.