Recently, the community has been arguing about privacy coins, coin mixing, and the line of compliance. The more I look at it, the more I think: don’t ask first “Can I make money?” Ask first, “Who’s standing behind this, and who can pause it if something goes wrong?”

If you’re a beginner trying to figure out whether a project is legit, I focus on three things: don’t just look at GitHub stars—check whether commits are consistent, who proposes the core changes, and whether people in the issues are truly tracking bugs; don’t blindly trust the logo on an audit report—focus on what it actually found / what it didn’t cover, and whether the team really made changes; upgrading to multi-sig is even more realistic—in plain terms, it’s “administrator permissions”: how many people, what the threshold is, whether there’s a delay and/or an on-chain announcement, and whether you can modify the rules in one click.

Trading psychology is the same—don’t keep thinking about “beating the market.” To me, it’s more like practice now: when you see a pump, suspect it first; when you see a drop, go read the code and the interaction paths first… In any case, less impulsiveness, more verification, and you sleep more soundly.