What’s DYOR?
"Do Your Own Research" (DYOR) is your DIY detective work before tossing cash into crypto. It’s sniffing out if a coin’s legit or a ticking scam-bomb.
Why It’s a Big Deal:
Crypto’s a jungle—hype’s loud, scams lurk, and no one’s saving you. Skip DYOR, and you’re betting blind. One wrong move, and your wallet’s toast. It’s the line between losing it all or striking gold.
How to Do It Easy-Peasy:
1.Team Check: Google the founders—are they real or ghosts?
2.Plan Scan: Skim the whitepaper (or site). Does it make sense or smell like hot air?
3.Buzz Test: Hop on X or Telegram. Is the community hype-only or solid?
4.Quick Stats: Peek at CoinMarketCap—trading volume real or fake?
Takes 10 minutes, saves your stack. Don’t sleep on it! 🔥