Recently, I’ve been watching a few new L2 projects that are promoting TVL incentives, and old users in the group are complaining about “mining, selling,” I can understand that… To be honest, the excitement is just that—excitement, but in the end, it still depends on whether the project is reliable. Newbies want to read “credibility,” and I usually look at three things: Does the GitHub have continuous updates, or is it just a bunch of copy-paste; don’t just look at the cover of the audit report to see who audited it, check if high-risk issues were truly fixed and re-audited; and also upgrade permissions—how many people sign, what’s the threshold, and whether the signers are the same addresses transferring among themselves, if it’s too centralized, I get cautious.

A few days ago, I set a reminder and a limit for myself: place an order when the conditions are met, don’t move if not. As a result, my mindset really stabilized a bit, I trade less, and I’m less influenced by phrases like “it’s about to take off”… Missed opportunities are fine, I look back at the charts to practice patience, and we’ll see when the wind comes.