Post
Topic
Board Altcoin Discussion
Re: A good reason to always DYOR before investing
by
stfN2128
on 21/07/2019, 20:56:52 UTC
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.

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.