Many people have entered the crypto world and have left frustrated with a bitter taste as their experience was shaped by the loss, and the main reason they made the mistake of not having a proper methodology or do research on their own, that is what is sought with DYOR, that the user learns first and research well before investing, this way they will not end up frustrated and with losses of their assets.
Many blindly trust in the Buddhas or false prophets of cryptocurrencies that in many cases mislead the user.
A good basic methodology to do your research could be to
- Research and read recognized digital documents about cryptocurrencies, there are many digital newspapers for this, there you will find good and current information.
- Create your investment portfolio, that is take a group of cryptocurrencies of your preference, analyze them and make your own statistics according to their behavior.
- Take a little time and read the white paper of the project, especially its roadmap.
- Do not be an impulsive buyer when a cryptocurrency suddenly increases in price, in some cases it is a big purchase of the so-called whales, which buy an asset to raise the price, and suddenly sell so that its price falls, make your investments according to your study and research and for sure you will do better.
