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Author Topic: A good reason to always DYOR before investing  (Read 741 times)
republicrypto
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July 22, 2019, 10:52:09 AM
 #41

Internet is filled with shillers, and sometimes your own friends will shill you too. Don't believe anyone, dyor.

nice words bout the internet
but, sometimes while we do our research we need some reference to do our research mate
such as read an article from the mainstream media and other
regards
BitcoinPanther
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July 22, 2019, 11:12:52 AM
 #42

If we value our money, our time and our effort that much, you are right,  do not be lazy especially doing research before investing on a certain project that will not make or break your future. What is a week of DYOR compared to a long-term benefits. This will not hurt us so much and we are guided of method on how we will determine a project that will change our future.
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★777Coin.com★ Fun BTC Casino!


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July 22, 2019, 11:19:00 AM
 #43

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.

Can't blame investors about riding the hype on some projects that is rated high. Even DYOR technique does not always work the way we want it to be because of those project devs and other investors who dumps during token unlock and listed on exchange.

SolarWindMiningCompany
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July 23, 2019, 09:36:01 PM
 #44

Every venture that requires money inform of an investment for a profit should not just be properly evaluated but also researched. We should learn to look beyond the hype product developers built to mentally woo investors but on the substance of each project. Because this is what sustains it

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InwardContour
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July 23, 2019, 10:33:35 PM
 #45

Some people do not even know how to go about research before deciding to invest in a project. Reading the whitepaper alone is not enough, looking at the Roadmap and plans on paper is not enough too. One should try to verify if the team is real, which is always my first step. You can check them up on LinkedIn or if they can do an AMA video, then it will be cool.  Next is to check their product and token economics. Also, do they have any project backings? All these are vital aspects one needs to check before investing to avoid regrets.
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July 23, 2019, 11:14:01 PM
 #46

Doing your research is the main and principal thing
The first and foremost for every individual in crypto currency; either you are a newbie or a professional

Don’t underestimate the growth and unpredictability of crypto currency
tanjiran
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July 23, 2019, 11:23:16 PM
 #47

Some people do not even know how to go about research before deciding to invest in a project. Reading the whitepaper alone is not enough, looking at the Roadmap and plans on paper is not enough too. One should try to verify if the team is real, which is always my first step. You can check them up on LinkedIn or if they can do an AMA video, then it will be cool.  Next is to check their product and token economics. Also, do they have any project backings? All these are vital aspects one needs to check before investing to avoid regrets.
Analytical abilities increase with increasing experience. a lot of things are unpredictable in cryptocurrency, even analysis by a professional is sometimes missed. then the most important thing is we are able to recognize the limits of the ability to control risk, so never inveat more than you can afford to lose.

meanwords
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July 24, 2019, 12:18:01 AM
 #48

Or maybe they've research the project but it turns out to be a big scam. It's just that. Research alone is not enough to know if a project is going to succeed or not. Maybe due to the influence of others, they've concluded that it is a good project to invest to but whined when it's not. I myself are doing a thorough research in order to profit in some project, but I'm a human being, I make mistakes which led to failure sometimes.
btc_angela
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July 24, 2019, 12:26:40 AM
 #49

Or maybe they've research the project but it turns out to be a big scam. It's just that. Research alone is not enough to know if a project is going to succeed or not. Maybe due to the influence of others, they've concluded that it is a good project to invest to but whined when it's not. I myself are doing a thorough research in order to profit in some project, but I'm a human being, I make mistakes which led to failure sometimes.

But at least if you do your part, the chances of you being scam will be lessen. But if the project you have study turns out to be a scam then you can't do anything about it. It's just the way it is, accept it and learn. You gain valuable experience from it, that's for sure and the tell tale signs will be evident for you if you decided to research on the next project you wanted to invest.

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waichi
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July 24, 2019, 03:12:00 AM
 #50

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.

That's the reason why we should do our own research before we invest our money. You are right that many ICOs are being hyped by many and we have to be careful about that. In the world of cryptocurrency wherein, we do not have any claims or security on our investment, so we should be more alert and cautious about everything.

Quote
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.

For a long-term perspective, studying and understanding the project and assessing how will it contribute for the better of the society will help you decide if that project is worth to invest for a long period of time. But in trading, you won't need to know the project itself, you only based your decision to buy the coin based on its chart.

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retnoanjani
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July 24, 2019, 04:43:31 AM
 #51

Well, when we invest in ICO, of course we want a high ROI because naturally what we want is only profit without wanting to see the product being done, so the big mistake is the lack of analysis on a project so we just follow the flow of many people who enter project so we make an investment without knowing the product.
You are right. by doing your own analysis, we will better understand the project. if the experience is qualified, you can anticipate a scam. only yourself understands the limits of ability, so take as little risk as possible within your limits.

chipzeru
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July 24, 2019, 05:19:58 AM
 #52

Investors should have known in the first place that there's always a risk in any kind of investment. Even if the project has an innovative idea and the team is filled with experience people, it doesn't fully guarantee that the project will be succesfull in the future. There's a good project with experienced team but ended up lack in progress due to internal issue.
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July 24, 2019, 05:38:26 AM
 #53

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.


You are very right here, most investors are attracted by the ROI and nothing more. It is always very very necessary to to make deep research for any project or even anything you want to invest your money in

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sieemma
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July 24, 2019, 04:52:28 PM
 #54

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.

...
Mate, I can say that if you are investor these days, no matter the DYOR you do, you  may get rekt looking at the current condition. Do you think people who lose do make lazy research or what? The fact of it all is that few funds are collected so devs concentrate on spending that instead of thinking about the progress of the project. Many projects have turned to be scam because of low funds. They have legit team and what ever it may take a legit project but they still fail their investors.
I won't blame any investors for losing funds because it is very painful to call those people "not DYOR" meanwhile no one will put their money in a project they know it will fail.
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July 24, 2019, 05:44:50 PM
 #55

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.

This post has captured it all, you don't just go into any project just because some people who are like you rated it so high. Every potential investor need to see the substance (product) of the project and also know how viable it will be.
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July 24, 2019, 09:08:04 PM
 #56

Investors should have known in the first place that there's always a risk in any kind of investment. Even if the project has an innovative idea and the team is filled with experience people, it doesn't fully guarantee that the project will be succesfull in the future. There's a good project with experienced team but ended up lack in progress due to internal issue.
l have read your comment and l do agree on the part of with your opinion. That is why you can be right, there is no profit doing research. Overall, the reason will not change. They cannot guarantee you get success or no. But it is something so " l will not play, l have already lost". The situation is changeable. The best way is to research. There is not anything to lose making research, but there is a lot of things to win making research. Sometimes it can be very profitable.
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July 24, 2019, 09:32:52 PM
 #57

You're right, some people are lazy to have their own research and easily believe what other has to say for the particular project. Its very easy to make a fake reviews and ratings to hype them and become popular and its just their way to lure investors.

Be extra careful if you dont want to lose your money, dont just look for the possible income that they promise but instead make an extensive research to be aware if there project is for real that can solve real problem and not just another scam in the end.

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guoyu78
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July 25, 2019, 12:24:16 PM
 #58

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. 
Sometimes you check too much. Focus on testing that project too much, but it won't help you succeed in investing either. I have seen many good projects that are highly appreciated, and there are many investors. But then project that scam and make many investors lose. In this market we need more luck
Good point, everyone keeps talking do your research and so on as if every investors are that dull to just pick on any project to just invest in without researching, gone are the days when crypto was still quite new that most of us here did that first, but now, people do their research and still end up participating in a wrong project. Those who feel it is easy to do research and get a good coin out, why are they still having so many coins that has turn shit in their portfolio.

It is great to absolutely do research but we still have to follow hype, opinion and other reviews doing so. Look at harmony, I never heard of harmony until i saw lots of people hyping it, so it was then I did a research on them and decided to follow them. So we can still follow hype, just that we need to do some research on it to still assist.
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July 30, 2019, 12:46:31 PM
 #59

I totally agree with you and think that without any research of your own, it is impossible to make money in crypto industry. You always need to be sure that the project is legit and this can be achieved through hours of learning and researching of this particular project.

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August 01, 2019, 01:42:15 AM
 #60

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.

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.
A little bit scary investing on crypto. There are several projects that were so hype but people don't really understand that the project can or not be useful in the future.
Like what you say before, people are getting baited the hype of the project or maybe through the high rating on some ICO review website.

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