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I'm now checking whether the project team is actually working or not.
Compared to listening to their visions, I prefer to look at the treasury expenditures: where the money is spent, whether the frequency is stable, and if a bunch of "partnership/consulting fees" suddenly appear when the market heats up.
The ones who are truly doing the work might be a bit clumsy with milestones but they match up: first patch the infrastructure, then slowly expand the ecosystem.
They don't usually make grand promises today and then change the narrative tomorrow.
Recently, funding rates are extreme again, and in the group chat, people are arguing whether to reverse or continue squeezing the bubble.
Anyway, I’m just watching to see if they are still delivering according to plan at this point, and not get too excited and burn the budget as fuel to pump the price.
My partner also complained that I "don’t look at the bills even when dating, but you’re quite serious about on-chain bills"...
Alright, I admit I’m a bit anxious, but at least I have a clear idea.