DYOR (Do your own research) - page 4.

voltesbazooka

newbie

Activity: 112

Merit: 0

Quote from: OluwaTosin10 on July 14, 2018, 08:57:05 AM

Lately I have realized most people call crypto currency fraud because they chase green candles , news online before buying tokens.

The proper steps to take is to get the news, verify the source and Do Your Own Research
Then no one would fall into scam icos

There is another one. Do your own analysis. Don't just depend on what your friends say, even if you trust them, it's not like they can predict the market so learn to do your own job and verify every information you come across.

Unplugged

full member

Activity: 352

Merit: 100

Bitgesell (BGL) Decentralized Cryptocurrency!

Being in the world of cryptocurrency requires each and everyone of us to be smart, not only with how we trade and how we spend or hodl our coins, but also to the details of every coins and tokens we have. It is a must for us to read a lot and research a lot, and not just depend on what others say. Remember: "Fake news travels six times faster than the truth"

genset88

member

Activity: 349

Merit: 10

Quote from: OluwaTosin10 on July 14, 2018, 08:57:05 AM

Lately I have realized most people call crypto currency fraud because they chase green candles , news online before buying tokens.

The proper steps to take is to get the news, verify the source and Do Your Own Research
Then no one would fall into scam icos

That's right. The negative news is a normal thing in this market. Its purpose is just manipulating the market. But it seems that people are becoming lazy lately. So they don't research, confirm the news themselves. And the whales take advantage of this to sabotage the market

markers

full member

Activity: 350

Merit: 106

In my opinion, doing own research or due diligence is inevitable part of investment process. Moreover, it is very often when general success of investments is crucially depends from that, may be a bit boring, step.

maiden

member

Activity: 457

Merit: 11

Chainjoes.com

Quote from: OluwaTosin10 on July 14, 2018, 08:57:05 AM

Lately I have realized most people call crypto currency fraud because they chase green candles , news online before buying tokens.

The proper steps to take is to get the news, verify the source and Do Your Own Research
Then no one would fall into scam icos

Yesss! As an individual and to all investors out there, we should do our own research on everything about cryptomarket, campaigns, new coins and other related stuffs in crypto, so that we avoid losses and scams. We need to be intelligent enough before giving our trust to other, we need to be more conscious in everything and take an effort by reading and making research.

cryptodrumz

newbie

Activity: 86

Merit: 0

As an investor, one should not be too lazy to find out which project will do well, it is not a must that one should invest in all projects, but be sure the few ones you are investing on are properly researched by yourself and not by the third parties.

unusualfacts30

hero member

Activity: 1540

Merit: 500

Quote from: hitrawal91 on July 14, 2018, 09:41:44 AM

Quote from: OluwaTosin10 on July 14, 2018, 08:57:05 AM

Lately I have realized most people call crypto currency fraud because they chase green candles , news online before buying tokens.

The proper steps to take is to get the news, verify the source and Do Your Own Research
Then no one would fall into scam icos

Yes, you are right most people buy the tokens without any proper research and then after investing they used to search the future value of their investment. So if you are investing in any crypto project then you should be researching about it in detail before itself like what is the value of the concept used in that particular ICO project, how is their Management team working on, what are their future plans, how they are going to do marketing each and everything is important for us.

well said. I see too many posts people asking about what coin to buy without putting much research into it. If you research first, you will know which coin is best for yourself. I suppose sometimes you can get burn even after investing in researched coin, but that's better than investing based on someone else choice.

PurpleNights

newbie

Activity: 112

Merit: 0

This is the most important thing to do. First thing you need to even do before investing in the market. At least get some basic information right first. Many people fail at this and lose their money or even fall as easy prey for scammers because they lack proper and adequate knowledge. You can never over know with this trade. Always carry out your own research.

Traderbtcc

full member

Activity: 1190

Merit: 123

★Bitvest.io★ Play Plinko or Invest!

Of course, Before getting into anything money related, one has to do adequate research to know what they're getting into. Crypto isn't left out of that. Before getting involved with the space, one has to perform some much needed research before venturing into it. What wallet to use, the best exchanges, what cryptocurrency to invest in.... Etc. All these things would need to be properly researched.

IVEXO

jr. member

Activity: 574

Merit: 2

Quote from: Mix_Fix on July 31, 2018, 05:03:54 PM

I have a lot of friends who don't know about BTC and alts, but they invested money. PEople are going crazy about how they can earn free and fast money.

lol, you need to advise them not to invest and hope on luck for more profit.
some day when the luck runs out, they will blame you

we need to be determined and invest on the right projects.

Mix_Fix

member

Activity: 420

Merit: 10

I have a lot of friends who don't know about BTC and alts, but they invested money. PEople are going crazy about how they can earn free and fast money.

hirngespenst

full member

Activity: 812

Merit: 114

Yes, you are absolutely right. Most of the newcomer doesn't research anything, they believe every news they heard. It is very bad for them and for the crypto market too. Only those people have spread the FUD news over the internet. They heard and believe and follows that news. If Every people start doing their own research before making any complaint or decision then Crypto market will go smoothly.

carriebee

sr. member

Activity: 1148

Merit: 251

People always fall into scam project without doing a research. Having the time to find good Ico's or project to join by doing your own research is very important to do. Always have the guts to search anyway this is your money to invest.

IVEXO

jr. member

Activity: 574

Merit: 2

We need to understand that research work goes lengths
Ranging from research on airdrops bounties and certain projects
Which would comprehensively increase the worth of your portfolio and others too

dearbesz1219

hero member

Activity: 924

Merit: 500

And also Do Your Own Research prevent another big crash like the end of bubble in 2017.
People should know why they are buying specific coin and how long they want to hodl it.
So, learn more, earn more in the future Wink

.

andthereyou

full member

Activity: 616

Merit: 102

Yeah. Doing your own research is the best way to avoid getting scam or afraid that you got rekt of your investment in an ICO or project. There so many people put their money in cryptocurrency without doing their own research and when bear market come, the prices fall drastically. Then they complain in every TG of the project they have invested.

lifesgood10

member

Activity: 378

Merit: 13

Quote from: voltesbazooka on July 21, 2018, 08:22:41 AM

Quote from: OluwaTosin10 on July 14, 2018, 08:57:05 AM

Lately I have realized most people call crypto currency fraud because they chase green candles , news online before buying tokens.

The proper steps to take is to get the news, verify the source and Do Your Own Research
Then no one would fall into scam icos

I second this statement. If you do now do your own research, study the project, try to contact partners and confirm the legitimacy of the business, talk to the team, then you are merely basing on other people's opinion and that puts you on jeopardy.

I do not firmly agree with contacting the team , because most times the identity of the team is undisclosed and you are not able to interact one on one with the team too.
An expansive research is better, where you look at every details without leaving any stone unturned.

Singbatak

full member

Activity: 434

Merit: 100

Quote from: OluwaTosin10 on July 14, 2018, 08:57:05 AM

Lately I have realized most people call crypto currency fraud because they chase green candles , news online before buying tokens.

The proper steps to take is to get the news, verify the source and Do Your Own Research
Then no one would fall into scam icos

Yes it really needs DYOR or Do your own research. To find out if you are doing right. Many newbies now invest in bitcoins and in other altcoins that prices fall sharply. And of course the blame is the crypto because of its sudden collapse.

voltesbazooka

newbie

Activity: 112

Merit: 0

Quote from: OluwaTosin10 on July 14, 2018, 08:57:05 AM

Lately I have realized most people call crypto currency fraud because they chase green candles , news online before buying tokens.

The proper steps to take is to get the news, verify the source and Do Your Own Research
Then no one would fall into scam icos

I second this statement. If you do now do your own research, study the project, try to contact partners and confirm the legitimacy of the business, talk to the team, then you are merely basing on other people's opinion and that puts you on jeopardy.

Papcio77

sr. member

Activity: 841

Merit: 251

Yes highly required to do your own research. We are talking about earnings or losses. Dont just depend your decision in media,friend, websites, and here in forum choices. Everything you need to try for youself. Make an experience even failed or win. Thats how everyone make professional. Asking always and getting someone thought cant make you knowledgable.

Topic: DYOR (Do your own research) - page 4. (Read 1834 times)