I think you're absolutely right. Opportunity cost is also the most important expense. Time and money can waste a lot of crypto opportunities. When I choose a project, I always ask about the TGE (Token Generation Event) timing first. If there is no TGE plan or if it's uncertain, I will definitely not participate because the tolerance for mistakes in the crypto space is very low. If things go wrong, the project could disappear and the funds could be lost.

In 2025, because of the wind blowing towards perp (perpetual contracts), if it doesn't come, a two-year project could be very risky. Two years can change a lot, especially in the crypto world. When I was at A7, it had already started; now I’m at A8, and it’s still not over. Actually, if a project can issue tokens, it’s already a success. I know many projects that haven't reached this stage yet. Choosing the right project is really important.

If you don’t know how to choose, try to compare and analyze comprehensively. Opt for projects with a confirmed token issuance time. It might be more competitive, but the capital flow is faster. Many people enter with just a few thousand dollars, hold for two years, and double their investment. Do you think they would be happy? I don’t think so, because the annualized return is only 50%. If you choose a project with a 3-month token issuance and it earns only 30%, the annualized return is still very high.

Having the right mindset and ideas are very important. That’s why everyone’s outcome is different. I hope the backpack doesn’t let down everyone’s expectations.