$WHY AND HOW TO DYOR (DO YOUR OWN RESEARCH) IN CRYPTO
DYOR means researching a crypto project yourself before investing, instead of following hype or opinions.
Why DYOR matters:
• Reduces risk and emotional decisions (FOMO & FUD)
• Helps avoid scams, shilling, and fake hype
• Encourages responsible and informed investing
• Research lowers risk but does not remove it completely
What to research:
• Project team and track record
• Whitepaper, roadmap, and real use case
• Tokenomics (supply, distribution, vesting)
• Market data (price, volume, market cap)
• Community activity (watch out for bots)
• On‑chain data and transparency
Common risks DYOR helps avoid:
• Sybil attacks (fake community hype)
• Influencer shilling
• Investing without understanding fundamentals
How to DYOR:
• Read whitepapers and official websites
• Analyze numbers and on‑chain data
• Cross‑check information from trusted sources
• Learn continuously (e.g., Binance Academy)
• Seek professional advice if needed
Key point:
Crypto is highly volatile. DYOR improves decision making but cannot guarantee profits.