Newcomers want to see if a project is reliable; I usually don't look at the candlestick charts first. I check three things: whether GitHub has ongoing activity (not just ten small commits a day), whether the audit report clearly states "long-standing issues that haven't been fixed," and who holds the upgrade keys. Especially for multi-signature upgrades, whether the signers are decentralized and if there's a clear process for changing them. Otherwise, no matter how thick the audit report is, it can't prevent someone from changing logic with a single click in the middle of the night.

Recently, the group has been discussing stablecoin regulation, reserve audits, and de-pegging rumors. Honestly, when people are anxious, they tend to believe screenshots more easily. My own approach is simple: I don't chase emotions. I only look for anomalies in permissions and fund flows. If I'm unsure, I reduce my position—just like that.