Recently, I’ve encountered a lot of people asking me what I think about those VC projects. In fact, many people’s understanding of VC still stays at the literal level. Let me briefly say it: VC is venture capital—“Venture Capital,” meaning risk investment. In simple terms, wealthy people “bet” on those promising new companies, providing money in exchange for equity or dividends. These kinds of projects are usually in the area of technological innovation and startups; the potential returns are high, but the risks are also not small.

Over the past two years, I’ve noticed a phenomenon: many VC projects treat getting listed on a large exchange as their only goal, as if they’ll succeed just by landing on an exchange. Honestly, this logic is flawed in itself. But as investors, we can’t change the project teams’ way of thinking. Instead of getting stuck on that, it’s better to spend your energy improving yourself.

My advice is very direct: you must broaden your knowledge. Don’t just look at the funding amount and reputation of VC projects—truly research each one. Look into the team background, technical approach, and market space, and develop a deep understanding of what you’re investing in. My own way of doing it is to follow a few credible analysts, see how they break down VC projects, learn some methodologies from them, then find the track that suits me best and gradually build my own investment framework.

To put it plainly: DYOR—do your own research. Don’t follow the crowd, don’t go along with everyone else—take your own path and do the right things. That’s what should be done in the era after Bitcoin.