How do you protect yourself from losses in the crypto world?
In the cryptocurrency market, there is no such thing as 'guaranteed profit'. But there is one thing that can reduce your losses and increase your chances of success:
Good research before investing, or what is known as:
DYOR (Do Your Own Research).
🧠 What is DYOR?
DYOR means: 'Do Your Own Research', and it is a golden rule in the crypto world, because you are the only one responsible for your money, not the influencer you saw on TikTok or YouTube.
📌 What am I looking for?
The project: What problem does it solve? Does it have a clear goal?
The team: Who is behind the project? Do they have previous successful experiences?
Partnerships: Are they collaborating with known entities or just fake names?
Community: Is the project active on Telegram and Twitter?
Whitepaper: Did it clearly explain the project?
Tokenomics: How is the currency distributed? Who holds the largest share?
🛑 Examples of suspicious projects:
Big promises without an actual product.
Anonymous team or one that does not appear publicly.
Pressuring people to enter quickly (FOMO).
An exaggerated price increase in a short time for no real reason.
✅ Tools to help you research:
CoinMarketCap
CoinGecko
Twitter (to see community interaction)
Reddit and YouTube for project reviews
Security rating sites like TokenSniffer and CertiK
🔐 Why is DYOR important?
Because you protect your money from scam projects.
Because you become a conscious investor, not a follower.
Because you form your own opinion away from the noise.
📣 Summary:
DYOR is not just advice, it is the foundation of success in crypto.
Always research before you buy.
Don't trust anyone more than yourself.
⚠️ Note: This is not investment advice. Always do your own research before making any financial decision.
