There is no absolute standard for the quality of assets in the cryptocurrency market. Unlike traditional investments, assets in the cryptocurrency space that can be quantitatively assessed through income and other fundamentals are extremely rare. 99% of investment behavior is essentially analyzing changes in macro liquidity under the influence of Federal Reserve policies, the rotation patterns of Bitcoin bull markets and altcoin trends, the trends of hot narrative hype, and K-line technical patterns.
The judgment of an asset's quality can vary greatly depending on individual investment cycles, risk tolerance, and even investment preferences. Because of this, unless there is clear evidence of fraud or exit scams, there is no need to easily dismiss a particular asset. Everyone, when buying, bases their decision on their own predictions of subsequent buying power and market liquidity, and the final profit and loss result is the most direct validation of that judgment.
Even among extremely volatile assets, 99.99% carry high risks, but some can still achieve profits by accurately timing their buys and sells. Blaming these players for participating in 'junk assets' is pointless because they have developed trading strategies that suit their own needs.
Ultimately, the core of cryptocurrency investment lies in the ability to select assets that have sufficient subsequent buying power and liquidity within one’s capability, combined with a defined investment cycle. The market has its own brutal elimination mechanism; investors who continue to misjudge will eventually be weeded out by the market, and there is no need for excessive subjective judgment—the market will provide the final answer.