Research is very important, It's a fact to always check if the team is real and genuine but sometimes one might get it wrong that is why one should always minimize risk,no matter how the project looks profitable,never invest all your fund,invest what you can risk to loose in worse case scenario.
of course, because with a good analysis it can give very good results, although the risk will always be there but I'm sure with the risk you can be more careful when you want to buy a cryptocurrency. So the method that you do is very smart and hopefully other people can imitate the way you do before buying a new coin.