Sometimes, you need to do the right amount of research before committing funds to any projects
Personally, there is a telegram bot I use (@CheckMyTokenBot); powered by blockchain security company, HashEx.
The bot shows me credibility of any token, its total supply, owners and risks of being rugged.
You can use this tool to DYOR sometime.
Yes doing research before buying any crypto project is very important so that we will not make any mistake of going for the wrong coin project or project that will end up not doing well in the market. Since the market is very competitive and more of rug pull, we need to study and take diligent research before we end up buying coin that will not give of the kind of profits that we need from the market.