Recently, a flood of Chinese cryptocurrencies has appeared, dazzling the eyes. I have figured out a simple set of criteria and want to share it with everyone—basically, asking these three questions will give you a pretty accurate judgment.

First, see if there is a genuine project team behind it. Second, the key is whether community building can be sustained, as this determines long-term popularity. Lastly, a very practical point: how many exchanges has it listed on? More importantly, are these exchanges eager to list it?

If none of these three points check out, my advice is to hold off. After all, our principal is real money, not something that falls from the sky. I’ve seen many niche new coins, most of which are rollercoaster markets, with retail investors ending up holding the bag. When choosing coins, be cautious—better to be slow and steady than to get caught being the last to buy the leek.