Discipline is the armor of strategy, and data is the compass for decision-making.

After years in the crypto space, many people often ask me how to find worthwhile targets among the myriad tokens, and how to grasp the timing of entry and exit. Today, I want to share some practical experiences that have been honed through real practice. These insights might differ from the textbooks you've seen, but each one is forged from market experience.

**The key is to choose coins, don’t rely on intuition**

Currently, there are over a thousand types of tokens, and the days of simultaneous rise like last year are gone. The market cake is shrinking, making it harder to make money, but opportunities still exist.

My only ironclad rule for selecting coins is: focus on those with genuine trading volume and solid capital depth. Trading volume reveals a coin’s market heat, liquidity, and potential risks. Coins with small market caps and sporadic daily trading volumes are easily manipulated by a few large orders. It’s easy to enter, but difficult to exit unscathed.

**On-chain data is the true mirror**

Another key point is to monitor the movements of whales on the chain. Use a block explorer to check the distribution of addresses holding the tokens. If the top 10 addresses control over 90% of the circulating supply, it’s basically controlled by a single entity, and the risk is extremely high. Recently, I observed a whale on Ethereum engaging in high-leverage trading; its actions often hint at short-term market movements.

Also, verify whether the project team is genuinely working. The frequency and quality of code commits on GitHub are transparent and cannot be faked. I prefer projects with stable code updates and high-quality commits.

Data speaks, emotions deceive. This is the prerequisite for surviving in this market.