The meaning of DYOR

The meaning of DYOR?


DYOR is the acronym for Do Your Own Research, and probably one of the most used terms for warning people to stay alert.

When you are investing in cryptocurrency you must not believe everyone or every word you read. Not everything is true or some people are getting paid to promote projects. On social media, it looks sometimes that everyone is making big money, but not everything is true.

Keep in mind that not every project will succeed and probably more will fail.

Some tips for your own research

- What is the total supply?
- And how much is there on the market?
- Who is the biggest shareholder?
- And how big is the community?
- What are the goals of the project?
- And are those goals realistic?
- Is there any information about the team of the project?

Responsible trading tips