DYOR
When it comes to investing in cryptocurrency, the advice to "Do Your Own Research" (DYOR) is commonly given. But what makes for good DYOR crypto?
From a crypto standpoint, good DYOR is primarily a function of expert judgement. This means combining the opinions and past experiences of experts with one's own data and analysis.
The basics of DYOR include understanding a project's fundamentals, market fit, and need. One should also examine tokenomics, team leaders, and the reason for the project's creation. Hype, marketing, and community should also be considered.
Its important to know reason for holding a particular token and whether the project is feasible. Lastly, identifying what one doesn't like in crypto can help clarify what they do like, making investing through market ups and downs much easier.
