#Write2Earn
đBe better always.đ
đ€What is DYOR?
âïžDo Your Own Research (DYOR) is regarded as one of the most important aspects of being a cryptocurrency investor. The term first became popular during a wave of ICO projects that flooded into the cryptocurrency space between 2016 and 2018.
đ€Why is it important to do your own research in crypto?
âïž Thorough research helps identify potential risks and rewards associated with an investment. By understanding the specifics, you can avoid falling victim to common crypto scams, misinformation, or poorly performing assets, thereby minimizing the likelihood of costly mistakes.
âïžBy conducting thorough research and analysis, investors can make informed investment decisions, gain a deeper understanding of the crypto market, exercise independence in their investment choices, manage risks, and potentially build long-term wealth.đ
