Crypto wisdom #1: Do your own research
The first golden rule in the crypto space is “do your own research” Or in short: DYOR.
In the ICO boom of 2017, the motto became an unwritten law in the crypto scene. Countless projects promised the blue sky. Today, most of it is history - and with it the money of many investors.
Many small investors were impressed by the mass euphoria, fueled by the promises of success from windy YouTube influencers (“To the Moon!”, etc.). The end of the song: a lot of fanfare about a bit of hot air. Even today, the number of dubious projects remains gigantic. Hence: DYOR.
