The strategy of observing more and acting less saved me once. This round, I didn't participate in the pre-sales of two projects, and I also politely declined promotional collaboration invitations. Looking back now, it was the right decision.

To put it simply, no matter how the project team operates later, directly stuffing the raised funds into their pockets damages the trust of the entire ecosystem. Our hard-earned community foundation has been shattered by one or two projects. In such times, there's no need for complicated solutions—there's only one straightforward approach—refund everyone.

Let me emphasize again: observe more and act less, observe more and act less, observe more and act less. Say it three times to truly internalize it. Beginners are easily blinded by FOMO, but those who truly last understand this principle. Think carefully before participating; there's really no need to jump on every trend.