I agree with you 100% on DYOR – it’s the only real protection we have in crypto, especially since there’s no full regulation to filter out the frauds for us.
That’s exactly why I always emphasize checking not just if a project sounds good, but if the technology is modern, the dev team is competent, and the track record is clean. A lot of coins might look shiny on the surface but are actually outdated or run by people you shouldn’t trust.

Scams thrive in the absence of oversight, so without doing our own due diligence, we’re basically walking blind. And it’s not just about avoiding obvious rug pulls – even legit coins can fail if they have old tech, low adoption, or no clear use case. That’s why I say it’s better to drop such bags early and move to stronger projects.

Long-term understanding of Bitcoin is essential, but for altcoins the review process needs to be ongoing, because the space evolves so fast that what was solid yesterday might be irrelevant tomorrow.