#加密市场投资策略 Looking back at history, I have witnessed the rise and fall of countless crypto projects. QwQiao from Alliance DAO shared insights on L1 token investments that made me reflect deeply. He mentioned that L1 tokens are not necessarily bad investments and that he wouldn’t short them, which indeed reflects the current market’s complexity.

Back in the 2017 ICO boom, many believed that various public chain tokens would shine brightly. However, over time, we saw different outcomes. Some L1 projects achieved great success, but many others faded into history.

QwQiao’s point about seeking the highest quality holdings among numerous assets reminded me of the 2018 bear market. At that time, many people were debating whether to continue holding various altcoins, and those investors who persisted in choosing the best assets gained substantial returns in the subsequent bull market.

History always repeats itself. Although the current L1 track is highly competitive, there are still potential gems. The key lies in identifying projects that truly have a “moat,” are in a high-growth track, and are reasonably valued. This requires continuous learning, research, and maintaining rational judgment.

Looking at the development of the crypto market, I believe investment strategies should evolve with the times. We shouldn’t stick rigidly to one type of asset but rather adapt flexibly based on market conditions and project dynamics. At the same time, it’s crucial to remember the importance of risk management, as we have seen many projects that vanished in the blink of an eye.

Finally, I want to say that in this rapidly changing industry, maintaining an open mind and continuous learning are essential. As QwQiao mentioned, finding truly high-quality assets can make investments more secure. Let’s keep observing and analyzing, seeking a balance between opportunity and risk, and jointly witnessing the future development of this industry.