Topic: A good reason to always DYOR before investing (Read 775 times)
Certain investors investing in a project because of the hype and fud. Not aware that the most important here is to do deep research if the invested project will gonna be successful in the crypto market once release. A wise investor will take a rest but also DYOR with a project's product and goal.
DYOR is one thing to do if you want to invest. Because with that you can find out the project you want to invest. Because in terms of investment, of course you don't want your investment to be useless, so from that, do DYOR to see the project as a whole from the team, ideas, products and others.
It makes sense to invest in the project that you have an idea. If there is no analysis of the ICO then making investment will be alike throwing a 1 pack of greenback to the litter bin.
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
One reason we have to do research is because there are many projects that cannot last long in the market. In addition, many projects whose prices fall below the IEO or ICO prices when first listing on the market. This makes research needed so that we do not lose money with our investments
I totally agree with you and think that without any research of your own, it is impossible to make money in crypto industry. You always need to be sure that the project is legit and this can be achieved through hours of learning and researching of this particular project.
Yes.There should good hours intended for research to learn more about the project you want to invest.It's not all the time that we should only depend from the experts and only do what they tell us.Most of the time we should also take our part in investing through proper research and learning to come up with a legit project and be paid with a decent amount too. 
Well.. without doing your own research, you won't be able to find a good project in these days.
Either it is ICO or IEO, research on their company is mandatory for all investors if you don't want to lose your money later.
Either it is ICO or IEO, research on their company is mandatory for all investors if you don't want to lose your money later.
There is nothing to add, all right.But not everything is so simple, it is not possible to be 100% confident in any project.Even a good team, Manager or advertising-is not a guarantee that everything will be successful and you can earn money.Of course it is necessary to do a deep analysis of the proposed product,and still a lot will depend on luck.
Analyst hyping coins have done more harm than good to investors and should be stayed away from. Also, Investors should learn to make their own research before going for any thing be it ICO, STO or IEO just like you said. It doesn't worth it listening to them but it worth it making your own research then comparing with what you hear from them to know if it's true or not.
Agree, in terms of investing in the cryptocurrency market, we better do our own research than trusting unclear information about a project. By doing our own research, we can avoid FOMO and also understand the prospects of the project
Its our core duty to due diligence before investing in any coins/project because there will no use of repenting later and blame others for loss. There must be a planning for investment in any coin and one should do proper research about the coin on own before investing and should not rely on others opinion or any hype.
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The place of research in crypto investment decision cannot be over emphasized but times without number, a lot of people still falls for the same thing all over again and just like you have rightly said, its due to laziness but sometimes its due to capacity of what is available to the prospective investors because majority of investors are average users of the internet whose only source of information is through Google and the perpetrators knows that so they put in place what they want those investors to see and blinded them with those few things against seeing some other review that are from those who can do a more detailed investigation on such project.
Analyst hyping coins have done more harm than good to investors and should be stayed away from. Also, Investors should learn to make their own research before going for any thing be it ICO, STO or IEO just like you said. It doesn't worth it listening to them but it worth it making your own research then comparing with what you hear from them to know if it's true or not.
It is true most people don't do research they just Invest in a project because they don't want to miss out, but there are people who take time to do research on a particular project, check out thee team and everything there is, after investing, the whole story changes, that is why I say Crypto is full of uncertainties, one should invest what he or she can afford to loose if after research, the scene goes changing.
The main problem for every beginner investors especially in crypto investment is their mindset, their think to get as much return as they can from their initial investment as fast as possible, they more confident to put their money inon hyip sites with 20% return a day than buying good coins, they sometimes not have enough information about their investment, they just focus with how much money they can made.
It's not about their mindset but they lack of education and that makes them all only try to follow any suggestion that has been created by the shillers. this is happening anytme when there was a newbie joining in the ICO without any knowledge and when they are confusing which is a good ico to invest and shill will come with its million words. A newbie without education will follow the order that created by shillers.
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
A little bit scary investing on crypto. There are several projects that were so hype but people don't really understand that the project can or not be useful in the future.An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
Like what you say before, people are getting baited the hype of the project or maybe through the high rating on some ICO review website.
I totally agree with you and think that without any research of your own, it is impossible to make money in crypto industry. You always need to be sure that the project is legit and this can be achieved through hours of learning and researching of this particular project.
I think at this time anyone who doesn't do proper personal research before making investment whether in ICO, IEO, STO is not getting it right. Never rely on hype from crypto influencers, most are paid reviews. Just take some time to do research properly before taking the investment risk.
Sometimes you check too much. Focus on testing that project too much, but it won't help you succeed in investing either. I have seen many good projects that are highly appreciated, and there are many investors. But then project that scam and make many investors lose. In this market we need more luckIt is great to absolutely do research but we still have to follow hype, opinion and other reviews doing so. Look at harmony, I never heard of harmony until i saw lots of people hyping it, so it was then I did a research on them and decided to follow them. So we can still follow hype, just that we need to do some research on it to still assist.
You're right, some people are lazy to have their own research and easily believe what other has to say for the particular project. Its very easy to make a fake reviews and ratings to hype them and become popular and its just their way to lure investors.
Be extra careful if you dont want to lose your money, dont just look for the possible income that they promise but instead make an extensive research to be aware if there project is for real that can solve real problem and not just another scam in the end.
Be extra careful if you dont want to lose your money, dont just look for the possible income that they promise but instead make an extensive research to be aware if there project is for real that can solve real problem and not just another scam in the end.
Investors should have known in the first place that there's always a risk in any kind of investment. Even if the project has an innovative idea and the team is filled with experience people, it doesn't fully guarantee that the project will be succesfull in the future. There's a good project with experienced team but ended up lack in progress due to internal issue.
l have read your comment and l do agree on the part of with your opinion. That is why you can be right, there is no profit doing research. Overall, the reason will not change. They cannot guarantee you get success or no. But it is something so " l will not play, l have already lost". The situation is changeable. The best way is to research. There is not anything to lose making research, but there is a lot of things to win making research. Sometimes it can be very profitable. It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
This post has captured it all, you don't just go into any project just because some people who are like you rated it so high. Every potential investor need to see the substance (product) of the project and also know how viable it will be.
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
...
Mate, I can say that if you are investor these days, no matter the DYOR you do, you may get rekt looking at the current condition. Do you think people who lose do make lazy research or what? The fact of it all is that few funds are collected so devs concentrate on spending that instead of thinking about the progress of the project. Many projects have turned to be scam because of low funds. They have legit team and what ever it may take a legit project but they still fail their investors. ...
I won't blame any investors for losing funds because it is very painful to call those people "not DYOR" meanwhile no one will put their money in a project they know it will fail.
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
You are very right here, most investors are attracted by the ROI and nothing more. It is always very very necessary to to make deep research for any project or even anything you want to invest your money in
Investors should have known in the first place that there's always a risk in any kind of investment. Even if the project has an innovative idea and the team is filled with experience people, it doesn't fully guarantee that the project will be succesfull in the future. There's a good project with experienced team but ended up lack in progress due to internal issue.
Well, when we invest in ICO, of course we want a high ROI because naturally what we want is only profit without wanting to see the product being done, so the big mistake is the lack of analysis on a project so we just follow the flow of many people who enter project so we make an investment without knowing the product.
You are right. by doing your own analysis, we will better understand the project. if the experience is qualified, you can anticipate a scam. only yourself understands the limits of ability, so take as little risk as possible within your limits. 
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
That's the reason why we should do our own research before we invest our money. You are right that many ICOs are being hyped by many and we have to be careful about that. In the world of cryptocurrency wherein, we do not have any claims or security on our investment, so we should be more alert and cautious about everything.
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The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
For a long-term perspective, studying and understanding the project and assessing how will it contribute for the better of the society will help you decide if that project is worth to invest for a long period of time. But in trading, you won't need to know the project itself, you only based your decision to buy the coin based on its chart.
Or maybe they've research the project but it turns out to be a big scam. It's just that. Research alone is not enough to know if a project is going to succeed or not. Maybe due to the influence of others, they've concluded that it is a good project to invest to but whined when it's not. I myself are doing a thorough research in order to profit in some project, but I'm a human being, I make mistakes which led to failure sometimes.
But at least if you do your part, the chances of you being scam will be lessen. But if the project you have study turns out to be a scam then you can't do anything about it. It's just the way it is, accept it and learn. You gain valuable experience from it, that's for sure and the tell tale signs will be evident for you if you decided to research on the next project you wanted to invest.
Or maybe they've research the project but it turns out to be a big scam. It's just that. Research alone is not enough to know if a project is going to succeed or not. Maybe due to the influence of others, they've concluded that it is a good project to invest to but whined when it's not. I myself are doing a thorough research in order to profit in some project, but I'm a human being, I make mistakes which led to failure sometimes.
Some people do not even know how to go about research before deciding to invest in a project. Reading the whitepaper alone is not enough, looking at the Roadmap and plans on paper is not enough too. One should try to verify if the team is real, which is always my first step. You can check them up on LinkedIn or if they can do an AMA video, then it will be cool. Next is to check their product and token economics. Also, do they have any project backings? All these are vital aspects one needs to check before investing to avoid regrets.
Analytical abilities increase with increasing experience. a lot of things are unpredictable in cryptocurrency, even analysis by a professional is sometimes missed. then the most important thing is we are able to recognize the limits of the ability to control risk, so never inveat more than you can afford to lose.
Doing your research is the main and principal thing
The first and foremost for every individual in crypto currency; either you are a newbie or a professional
Don’t underestimate the growth and unpredictability of crypto currency
The first and foremost for every individual in crypto currency; either you are a newbie or a professional
Don’t underestimate the growth and unpredictability of crypto currency
Some people do not even know how to go about research before deciding to invest in a project. Reading the whitepaper alone is not enough, looking at the Roadmap and plans on paper is not enough too. One should try to verify if the team is real, which is always my first step. You can check them up on LinkedIn or if they can do an AMA video, then it will be cool. Next is to check their product and token economics. Also, do they have any project backings? All these are vital aspects one needs to check before investing to avoid regrets.
Every venture that requires money inform of an investment for a profit should not just be properly evaluated but also researched. We should learn to look beyond the hype product developers built to mentally woo investors but on the substance of each project. Because this is what sustains it
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
Can't blame investors about riding the hype on some projects that is rated high. Even DYOR technique does not always work the way we want it to be because of those project devs and other investors who dumps during token unlock and listed on exchange.
If we value our money, our time and our effort that much, you are right, do not be lazy especially doing research before investing on a certain project that will not make or break your future. What is a week of DYOR compared to a long-term benefits. This will not hurt us so much and we are guided of method on how we will determine a project that will change our future.
Internet is filled with shillers, and sometimes your own friends will shill you too. Don't believe anyone, dyor.
nice words bout the internet
but, sometimes while we do our research we need some reference to do our research mate
such as read an article from the mainstream media and other
regards
I think it is a must to do if you are going to invest. DYOR can be a key to be in good hands when you invest, we must do further research if we enter on some ICO or IEO to invest with. We need to see the transparency of the project and who they have in the team or staffs. In this case, we can be joining a good and productive project.
You have made a great point, but once again, there are very little chances to know a real and fake projects. Sometimes even after doin research and and you get all green light that the project is good only to be disappointed at last. We all need to be careful
I think the problem some investors have is following hypes on projects to invest in them instead of diligently carrying out a research to find out if such projects are worth investing in .
most of those sites promoting those projects are being paid to do so , therefore you wont expect to see any poor rating from them . Most times even the whitepaper deceives , i have seen some projects with very good white paper content but at the end they exit Scam .
Investors should be able to check the project team and road map , find out if the Developers/ Team are actually working according to the Road map . find out how active the Team is , Check the actual use case of such tokens , do they have a working project or not ? these are some of the things investors should look out for before investing in any project.
Rather than just FOMO and run in because others are running in , they should take their time and do their research so they don't end up regretting.
most of those sites promoting those projects are being paid to do so , therefore you wont expect to see any poor rating from them . Most times even the whitepaper deceives , i have seen some projects with very good white paper content but at the end they exit Scam .
Investors should be able to check the project team and road map , find out if the Developers/ Team are actually working according to the Road map . find out how active the Team is , Check the actual use case of such tokens , do they have a working project or not ? these are some of the things investors should look out for before investing in any project.
Rather than just FOMO and run in because others are running in , they should take their time and do their research so they don't end up regretting.
Not all tokens get great interest when these tokens enter the market, but product and team analysis is really needed when we will invest in token sales so that when the token enters the market it can get a good price but we also need to know that each project have a different roadmap from their team so that prices can explode after the product enters and enters a larger market.
This is an absolute and primary requirement before investing, why someone risk his/her money on the things he/she doesn't understand.
However, other project even has a great team, adviser or budget, sometime won't achieve their goal and turn to fall.
It's better to invest in something worth it than just investing in something.
However, other project even has a great team, adviser or budget, sometime won't achieve their goal and turn to fall.
It's better to invest in something worth it than just investing in something.
I agree, DYOR is a basic requirement for every investor to find a good project.
However, if we talk of investing in the crypto market, this is a high risk form of investment, like ICO, although you will DYOR, you are putting your money in a high risk investment since the overall success rate of ICO now is maybe less than 5% in general, and I don't think that's worth investing.
This is an absolute and primary requirement before investing, why someone risk his/her money on the things he/she doesn't understand.
However, other project even has a great team, adviser or budget, sometime won't achieve their goal and turn to fall.
It's better to invest in something worth it than just investing in something.
However, other project even has a great team, adviser or budget, sometime won't achieve their goal and turn to fall.
It's better to invest in something worth it than just investing in something.
I think at this time anyone who doesn't do proper personal research before making investment whether in ICO, IEO, STO is not getting it right. Never rely on hype from crypto influencers, most are paid reviews. Just take some time to do research properly before taking the investment risk.
Isn't DYOR a thing that must be done for us, not only as investors but also other participants? DYOR is very important to know:
1. Quality of the project
2. Prospects for future coins or tokens from the project
3. Roadmap and team
4. Scam or legit
This is the basic ways of us when we are going to make some research or getting the exact analysis of a project always.
1. Quality of the project
2. Prospects for future coins or tokens from the project
3. Roadmap and team
4. Scam or legit
This is the basic ways of us when we are going to make some research or getting the exact analysis of a project always.
There use to be a time in this space that you need to invest in just any project and you will have atleast 2x but the issue now is that there are many scams in the space now and also most of these projects are not bringing any ting new to the space but just to compete and paste other successful projects, a good example is Dadi
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
totally agree with you. i felt for this exactly 1 time. invested in a f...ing exit scam because of a tweet by a well known guy on crypto twitter... i was to greedy and i have learned my lesson. long time ago, but i was more angry about me than this shiller... because i already knew that most of this guys shilling every thing which they get paid for.
so i got angry about me, i have learned my lesson and i have never ever invested again in a project where i have not done my own research.
Frankly; doing your research is not a good reason
For me it is a must; you must do your research before any form of investment and you must be cautious of projects you invest into as well
For me it is a must; you must do your research before any form of investment and you must be cautious of projects you invest into as well
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
Well, its a good thing to DYOR before investing in any project but there are some planned scam in crypto space that looks very real. Apart the fact that it's good to DYOR it is also important to understand that ICO investment is all about risk. Some projects can pose to be the best and on the long run they turn out to be pure scam.
In terms of investment, of course no one is responsible if you experience a loss in any case. that's why you as an investor must do research before investing. Because with that you can determine your investment in a good place or project to make a profit. So, it's better to do research than you only see people who suggest it.
The responsible would be you because it's you who decided where to invest your money and it's you that held the money. Doing research before investing is a must and it's not just for cryptocurrency but it should for every investment that you are about to get in.I'm also an investor but before I don't do that much research because I'm going with the flow but I've learned that I should change that attitude and shouldn't depend to the crowd.
This is like the very first step for success and proper decisions in this industry. It gives one a proper guide on every intended decision and serves as a basis to help beginners with finding their feet in the business. Without doing your research, there is a huge tendency that you will most like fall into the wrong situations thereby, paying heavily for such mistakes.
DYOR is of course a very important concept. However, it is very difficult to implement. Because information pollution on the internet is too much. For example, on Twitter, there is such information about projects you have never heard of ... Even I am thinking sometimes should I buy or not...
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
Well, at first usually we want to save our time and avoid doing own research and due diligence.
But what is the point if we can save time, but not our money ?
In cryptocurrency, investing without research is same as donating your money.
Even bounty hunters tend not to pay attention to the word "Research" and when a project they promote ends up scamming them, they would be the first ones to scream bloody murder, it's a trend that has to be stopped, to be honest, no venture is ever successful if you do not begin it with a thorough research.
To be frank, any investor or person in this space that is still listening to these so called analysts is already causing more harm than good to himself. They have failed to live up to expectations thus leading most into holding coins with no value.
The best way to invest is by taking time to study any coin and why it should worth your funds, it is through this way you understand the truth about it, thereby making the right decision.
Investing comes with huge responsibility and as such should be taken with great interest and care, not listening to those who are paid to hype the project.
The best way to invest is by taking time to study any coin and why it should worth your funds, it is through this way you understand the truth about it, thereby making the right decision.
Investing comes with huge responsibility and as such should be taken with great interest and care, not listening to those who are paid to hype the project.
The truth is, many of these analyst may not have even invested in those projects but will be quick to convince investors to invest. They will hype the project as they only care of their own pocket.
The worst part is, most investors keeps listening to them because of their status and of course many ends up holding useless coins.
Do your research and be fine that's the only way out.
The worst part is, most investors keeps listening to them because of their status and of course many ends up holding useless coins.
Do your research and be fine that's the only way out.
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
In fact, it's not about everyone's pre-investment research. It's all about not reading. Now that people are bored of reading useful articles, books, and only reading short tweets, these investments are becoming problem.
Thats why people are now selling altcoins and buying Bitcoin. Because Bitcoin doesn´t need any research, if cryptocurrencies succeed then Bitcoin will be successful for sure!
Seriously that's the problem and they keep getting hurt. Investors are to understand that before going into any project they should be aware of what exactly they are getting involved with, and the conviction should come entirely from them, because no one will be there to console them should it not work according to plan.
Whether a project is hyped, reviewed by a top expert or endorsed by a top expert, we should endeavour to do our research also, because they were paid to do so and might not even invest. So they don't care.
Whether a project is hyped, reviewed by a top expert or endorsed by a top expert, we should endeavour to do our research also, because they were paid to do so and might not even invest. So they don't care.
There are 999 reasons to always do one's research before investing, so that it does not turn to story for another day.
We have got to a stage in the crypto space, where investors need not to be carried away by mere gimmicks and supports rendered by certain revered persons in the crypto space.
Your personal research will give you more courage, not only now, but also in future investments that you might want to make.
You're right, if we do a proper research before investing probably we are saving our hard earned money from being scammed or simply gone with the wind... We invest to earn not to feed those scammers that what only know is to cheat others... And steal others money... So before investing make a practice of making DYOR... We have got to a stage in the crypto space, where investors need not to be carried away by mere gimmicks and supports rendered by certain revered persons in the crypto space.
Your personal research will give you more courage, not only now, but also in future investments that you might want to make.
Yes it is always important, especially in crypto, to thoroughly any project before jumping in. However I think that also good projects are often dismissed easily when they first hit the exchanges and prices start falling. Often this is just really low volumes, and can't be taken as being representative of the quality of the product.
Internet is filled with shillers, and sometimes your own friends will shill you too. Don't believe anyone, dyor.
Research before investing in any project is really a required step for multiple reasons. I know there are many newbies wanting to try their luck in the world of cryptocurrency. So they must learn knowledge of crypto before entering the market and they should must research beforehand. They can also consult with crypto experts.
Right. in my opinion, this is a good concept in investing. indeed we must be absolutely sure and analyze that the project has innovative ideas and great profits. thus, we can minimize losses.
A hype project or the one featured in news isn't necessarily a good project. There are different kinds of projects and they have different strategies and motive.
Selecting a project too have many things to consider. Some projects are a bit more risky but could yield you a better profit or there are some zero risk but low profit.
Selecting a project too have many things to consider. Some projects are a bit more risky but could yield you a better profit or there are some zero risk but low profit.
Doing your own research doesn't mean to study everything from scratch. You can take reference to news and ICO alert sites to gather information about the project. Sort list a number of project and compare them for good and bad. The most prominent proof of a legit project is their involvement in real world activities. I look at different blockchain based event and note down the speakers and their project and than start comparing them.
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
I agree with you, IEO makes things easy for you the exchange will do the research and if it passed the criteria people will think that it is a legit project, but investors should not stop there, they should still do their own research it's double-checking money is involved here, it's better to check again and again.
Not all of IEOs is legit and only IEO that listed on the major exchange site that can be called as a legit. Remember about there are only some major exchange sites while the rest placed at the medium or low reputation as exchange site.
We need to do more than double check
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
I agree with you, IEO makes things easy for you the exchange will do the research and if it passed the criteria people will think that it is a legit project, but investors should not stop there, they should still do their own research it's double-checking money is involved here, it's better to check again and again.
The only way to be sure about how good a project can turn out to be is by doing better research and decide by yourself if what the project is trying to accomplish will have a better outcome on digital world entirely
All the information that we gathered online is just a guide for us to come up into a good decision, we must do our part on studying every project for us not to lose money. DYOR are advisable, you must not listen to anyone which is risky for us. I listen to someone who give tips on what coin to buy when I was a newbie but unluckily I lose on that trade because of being not sure about that trade, I know most of us experience this and that can be our learning guide to do better on our research so we will not fall on any shitcoins again.
The only way to be sure about how good a project can turn out to be is by doing better research and decide by yourself if what the project is trying to accomplish will have a better outcome on digital world entirely
that's why i can't even trust anyone and i just believe in myself dude. we can't trust any platform that will offer the promised ROI and the analyst who hyped such platform because they have been paid for promoting. The difficult part is not easy to determine which idea will be very valuable as the time goes.
You're right. There's no reason to always rely for others on our decisions because we have our own intellect that can be our weapon especially in tough times. It's really a very good idea to DYOR first before putting your capital to a certain project because atleast you already have your own reason why you invested in it. If it fails, then you have no one to blame but yourself and that will definitely teach you a lesson to be better in the next.
Some additional reasons why you need to DYOR before investing are.
- Some projects might actually be overhyped.
- There are different purposes of coins/tokens. It might not suit your demand.
- Some projects don't have realizable purpe/dream
- because of scammers who want to rip you off by pretending to be project admins. You need to DYOR about the project first.
- Some projects have already been tagged as scam, you might not find this out if you Didn't DYOR.
- Some projects might actually be overhyped.
- There are different purposes of coins/tokens. It might not suit your demand.
- Some projects don't have realizable purpe/dream
- because of scammers who want to rip you off by pretending to be project admins. You need to DYOR about the project first.
- Some projects have already been tagged as scam, you might not find this out if you Didn't DYOR.
that's why i can't even trust anyone and i just believe in myself dude. we can't trust any platform that will offer the promised ROI and the analyst who hyped such platform because they have been paid for promoting. The difficult part is not easy to determine which idea will be very valuable as the time goes.
You are right but even after doing all the research and being satisfied about every aspect of the project still there will not be any guarantee about the success of the project so i think it is difficult to do than talking and in the end it is not in the hands of the investors to make the project a success.
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
This only says it all.
They are lazy sons of a ....
They have the money but if they want to keep on making money they will should use it.
So what do they do. They hire someone else. And that someone else dont even know what he is doing too.
It is easy to make profits if you have lots of room for capital but you need to go deep into how it should be done. The right path.
Never let anyone else do it for you. Also, it will avoid blaming someone else which in truth is your error.
There are 999 reasons to always do one's research before investing, so that it does not turn to story for another day.
We have got to a stage in the crypto space, where investors need not to be carried away by mere gimmicks and supports rendered by certain revered persons in the crypto space.
Your personal research will give you more courage, not only now, but also in future investments that you might want to make.
We have got to a stage in the crypto space, where investors need not to be carried away by mere gimmicks and supports rendered by certain revered persons in the crypto space.
Your personal research will give you more courage, not only now, but also in future investments that you might want to make.
It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.
An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.
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