DYOR: Always Do Your Own Research & Invest Cautiously
Crypto investing is risky, with scams and rug pulls everywhere. To protect your money, always Do Your Own Research (DYOR) before investing.
Why DYOR is Important?
✅ Avoid scams & rug pulls
✅ Make informed decisions
✅ Identify strong projects
How to DYOR?
1. Understand the Project – Read the whitepaper, website, and roadmap.
2. Research the Team – Check LinkedIn, GitHub, and team transparency.
3. Analyze Tokenomics – Study supply, utility, and distribution.
4. Check Community – Join Telegram, Discord, and Twitter to gauge engagement.
5. Examine Smart Contracts – Use Etherscan, BscScan, and Token Sniffer for audits.
6. Evaluate Liquidity – Ensure the token has enough liquidity to avoid manipulation.
7. Stay Updated – Follow CoinTelegraph, CoinDesk, and Messari for news.
Red Flags to Avoid
❌ Anonymous team
❌ Unrealistic returns
❌ No clear use case or whitepaper
❌ No audits or security checks
❌ Excessive marketing with no real development
Final Tip
Always DYOR and never invest based on hype. Only invest what you can afford to lose!
