Why DYOR (Do Your Own Research) Is Crucial in Crypto Investing
> A lot of new crypto investors still fall into the trap of following hype — especially when a token is trending on social media. But honestly, this is one of the main reasons why many people lose money in the space.
> These days, there are countless scam projects that sound good at first but have no real value or intention to deliver. That’s why it’s very important to do your own research (DYOR) before investing in any coin or project.
> Personally, here are a few things I always check:
> Is the whitepaper solid and does the use case make sense?
> Is the team transparent and do they have real, verifiable identities?
> Does the project have an actual community and utility?
> What’s the tokenomics like? Is there an unfair advantage for devs?
> Just because a project has a huge following on Twitter or Telegram doesn’t mean it’s safe. **We need to be careful — it’s our money at stake.
> How about you guys — what are your personal tips or red flags when doing research? Feel free to share your experiences.