A good reason to always DYOR before investing

[Nadziratel]

It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.

The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.

An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.

In fact, it's not about everyone's pre-investment research. It's all about not reading. Now that people are bored of reading useful articles, books, and only reading short tweets, these investments are becoming problem.

[axel2078]

The truth is, many of these analyst may not have even invested in those projects but will be quick to convince investors to invest. They will hype the project as they only care of their own pocket.
The worst part is, most investors keeps listening to them because of their status and of course many ends up holding useless coins.
Do your research and be fine that's the only way out.

[Flezy]

To be frank, any investor or person in this space that is still listening to these so called analysts is already causing more harm than good to himself. They have failed to live up to expectations thus leading most into holding coins with no value.
The best way to invest is by taking time to study any coin and why it should worth your funds, it is through this way you understand the truth about it, thereby making the right decision.
Investing comes with huge responsibility and as such should be taken with great interest and care, not listening to those who are paid to hype the project.

[Chemcrier]

Even bounty hunters tend not to pay attention to the word "Research" and when a project they promote ends up scamming them, they would be the first ones to scream bloody murder, it's a trend that has to be stopped, to be honest, no venture is ever successful if you do not begin it with a thorough research.

[SistaFista]

It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.

The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.

An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.

Well, at first usually we want to save our time and avoid doing own research and due diligence.
But what is the point if we can save time, but not our money ?
In cryptocurrency, investing without research is same as donating your money.

[semes]

DYOR is of course a very important concept. However, it is very difficult to implement. Because information pollution on the internet is too much. For example, on Twitter, there is such information about projects you have never heard of ... Even I am thinking sometimes should I buy or not...

[EmmaBen]

This is like the very first step for success and proper decisions in this industry. It gives one a proper guide on every intended decision and serves as a basis to help beginners with finding their feet in the business. Without doing your research, there is a huge tendency that you will most like fall into the wrong situations thereby, paying heavily for such mistakes.

[passwordnow]

In terms of investment, of course no one is responsible if you experience a loss in any case. that's why you as an investor must do research before investing. Because with that you can determine your investment in a good place or project to make a profit. So, it's better to do research than you only see people who suggest it.

The responsible would be you because it's you who decided where to invest your money and it's you that held the money. Doing research before investing is a must and it's not just for cryptocurrency but it should for every investment that you are about to get in.
I'm also an investor but before I don't do that much research because I'm going with the flow but I've learned that I should change that attitude and shouldn't depend to the crowd.

[Kemileye]

It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.

The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.

An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.

Well, its a good thing to DYOR before investing in any project but there are some planned scam in crypto space that looks very real. Apart the fact that it's good to DYOR  it is also important to understand that ICO investment is all about risk. Some projects can pose to be the best and on the long run they turn out to be pure scam.

[Ifemini]

Frankly; doing your research is not a good reason

For me it is a must; you must do your research before any form of investment and you must be cautious of projects you invest into as well

[stfN2128]

It really pains me to see investors complaining about how they lost their hard earned money or savings in a project. But the bitter truth is that most of these people are lazy to do their research and they just get in a project for the promised ROI or because some analyst hyped the project for them.

The main reason why you should consider putting your money in any project (either ICO, IEO or STO) should be because you are totally convinced that the project have an innovative idea with a working product that solves an existing problem (very important) and with a very good and experienced team to lead it to success.

An example is a project I won't mention, a lot of people got into it not because of their personal research but because one analyst ranked it in "Hall of Fame", of which if they had done their research they would have realized it was a ticking time bomb. And it exploded 15 minutes after the tokens were unlocked.

totally agree with you. i felt for this exactly 1 time. invested in a f...ing exit scam because of a tweet by a well known guy on crypto twitter... i was to greedy and i have learned my lesson. long time ago, but i was more angry about me than this shiller... because i already knew that most of this guys shilling every thing which they get paid for.
so i got angry about me, i have learned my lesson and i have never ever invested again in a project where i have not done my own research.

[disconnectme]

There use to be a time in this space that you need to invest in just any project and you will have atleast 2x but the issue now is that there are many scams in the space now and also most of these projects are not bringing any ting new to the space but just to compete and paste other successful projects, a good example is Dadi

[nemey]

Isn't DYOR a thing that must be done for us, not only as investors but also other participants? DYOR is very important to know:
1. Quality of the project
2. Prospects for future coins or tokens from the project
3. Roadmap and team
4. Scam or legit
This is the basic ways of us when we are going to make some research or getting the exact analysis of a project always.

[deodivine1]

I think at this time anyone who doesn't do proper personal research before making investment whether in ICO, IEO, STO is not getting it right. Never rely on hype from crypto influencers, most are paid reviews. Just take some time to do research properly before taking the investment risk. 

[romecheo]

This is an absolute and primary requirement before investing, why someone risk his/her money on the things he/she doesn't understand.

However, other project even has a great team, adviser or budget, sometime won't achieve their goal and turn to fall.

It's better to invest in something worth it than just investing in something.

[Vaculin]

This is an absolute and primary requirement before investing, why someone risk his/her money on the things he/she doesn't understand.

However, other project even has a great team, adviser or budget, sometime won't achieve their goal and turn to fall.

It's better to invest in something worth it than just investing in something.

I agree, DYOR is a basic requirement for every investor to find a good project.
However, if we talk of investing in the crypto market, this is a high risk form of investment, like ICO, although you will DYOR, you are putting your money in a high risk investment since the overall success rate of ICO now is maybe less than 5% in general, and I don't think that's worth investing.

[lousie9]

Not all tokens get great interest when these tokens enter the market, but product and team analysis is really needed when we will invest in token sales so that when the token enters the market it can get a good price but we also need to know that each project have a different roadmap from their team so that prices can explode after the product enters and enters a larger market.

[funex]

I think the problem some investors have is following hypes on projects to invest in them instead of diligently carrying out a research to find out if such projects are worth investing in . 

most of those sites promoting those projects are being paid to do so , therefore you wont expect to see any poor rating from them .  Most times even  the whitepaper deceives , i have seen some projects with very good white paper content  but at the end  they exit Scam .

Investors should be able to check the project team and road map , find out  if the Developers/ Team are  actually working according to the Road map . find out how active the Team is , Check the actual use case of such tokens , do they have a working project or not ?  these are some of the things investors should look out for before investing in any project.

Rather than just FOMO and run in because others are running in ,  they should take their time and do their research  so they  don't  end up regretting.

[OptimusPrime_3]

You have made a great point,  but once again, there are very little chances to know a real and fake projects. Sometimes even after doin research and and you get all green light that the project is good only to be disappointed at last. We all need to be careful

[ansarose1]

I think it is a must to do if you are going to invest. DYOR can be a key to be in good hands when you invest, we must do further research if we enter on some ICO or IEO to invest with. We need to see the transparency of the project and who they have in the team or staffs. In this case, we can be joining a good and productive project.