Recently, many people have been asking me, what exactly is a VC project? Let me give a brief explanation. A VC project is actually a venture capital project, in English called Venture Capital, which literally means risking capital. In simple terms, investment institutions put money into startups or technological innovation projects with high growth potential, and then gain equity or profit returns. These projects are usually high risk and high reward, belonging to a high-risk, high-reward investment approach.

But I’ve noticed that many VC projects nowadays have some flawed ideas. They treat launching on a certain large exchange as the only goal, and that logic itself is flawed. As investors, we indeed can’t change the strategies of the project teams, but that’s no reason for us to do nothing. On the contrary, this is the time to do one thing—expand your knowledge base.

What is the right approach? First, carefully research each project, don’t just follow the crowd based on what others say. Second, follow a few reliable influencers, read their analysis articles, and learn from them. Third, find a track that suits you and gradually build your own investment framework. This is what should be done in this Bitcoin era.

Actually, this is the core of DYOR—do your own research. Walk your own path, do the right thing, and don’t be fooled by VC coin schemes that cut the leeks. Only in this way can you stay more clear-headed in this market.