☂ What does the crypto slang 'DYOR' really mean?
DYOR = Do Your Own Research
It's not 'don't ask me', but rather 'think before you invest'
The default rule in the crypto space: whoever recommends a coin might be looking to profit at your expense
🌵 How can a beginner actually DYOR?
1. Check the project's fundamentals
CoinGecko (look at market cap, circulation)
Project's official website/GitHub (check if the team is real)
Twitter/Discord (observe community engagement)
2. Check on-chain data
Etherscan (look at whale transactions)
Dune Analytics (check user growth)
Nansen (track smart money)
3. Check market sentiment
Santiment (look at social media trends)
LunarCrush (measure 'FOMO index')
🍓 DYOR is not 'don't ask me', but rather 'arm yourself with tools'