Not actually for newbies only but actually even for old time crypto users because we always don't know the intention of people in internet since they might hide something bad and scam us if we are not keen into details about what we are going thru. As well us if we don't do anything background checking on the platforms we wish to invest so DYOR is really for everyone especially we are in crypto space where risk is so high.
Yep. It is both for new and old crypto users. Even though we have done a deep analysis before suggesting someone, there should be an opportunity for a mistake or failure. That's why it is needed to state "DYOR", to realize to people that the accuracy may not be 100% correct and surely no guarantee to success.At least when someone is responsible for their trading and investing activities then they may be able to control their mentality when prices do not match expectations. This is also important for every trader and investor to think about even if they are experienced.
Controlling emotion or mentality isn't something easy, even old traders may be out of control once they experience an unexpected thing (bad things). But every trader should have a chance to manage their emotions/mentality well with a lot of experience and good learning during their trading activities. Sometimes experiences make people more mature or wiser.
