Post
Topic
Board Beginners & Help
Re: Invest with due diligence and proceed with caution
by
NavI_027
on 10/09/2020, 03:06:27 UTC
It's not an easy job to do their own due diligence, In fact, many people don't even know how to do their own due diligence, They just follow the crowd.

Well, I guess that's what investors (particularly the beginners) tend to do. They got the "Go with the flow" mindset because they feel safe on doing so. You know, thinking that the more investors of that project, the more legit it looks like. However, it is all wrong. Each one of us got their own strength and preferences so do not attempt to be like someone else. Maybe Person A is good with pumping and dumping but you are not because you are too emotional or more comfortable with slower pace. See? So guys, think twice or multiple times before jnvesting in these Defi projects especially that they have rapid growth and decline.
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