Stop Asking ‘Is This a Good Project?’

Retail crypto investors repeatedly lose money despite thorough project research because they conflate project quality with price performance. The post argues that crypto prices are driven by supply-demand dynamics — token unlock events, VC exit strategies, high fully diluted valuations, and fading narratives — not by fundamentals like technology or team quality. Cognitive biases such as confirmation bias, sunk cost fallacy, and optimism bias cause investors to ignore red flags. The recommended mindset shift is to stop asking 'is this a good project?' and instead analyze who is selling, when supply increases, and where selling pressure originates.