This round of altcoin crash has taught retail investors several important lessons:

For projects led by venture capital (VC) and with a circulation volume of less than 10%, you need to be extra cautious. For example, among the four major projects of Layer 2, OP is slightly better.

For tokens that are mainly led by retail investors and organized by FOMO communities, once there is a large-scale decline and no support point, do not believe in them easily. Once the belief in such tokens collapses, it will gradually disappear, such as RATS and SATS, retail investors will cry.

The core of making money lies in speculation, not blind belief. You can do swing trading, but you cannot hold on firmly, and do not run away when it goes up or down.