A good reason to always DYOR before investing

[Lagduf]

The main problem for every beginner investors especially in crypto investment is their mindset, their think to get as much return as they can from their initial investment as fast as possible, they more confident to put their money inon hyip sites with 20% return a day than buying good coins, they sometimes not have enough information about their investment, they just focus with how much money they can made.

It's not about their mindset but they lack of education and that makes them all only try to follow any suggestion that has been created by the shillers. this is happening anytme when there was a newbie joining in the ICO without any knowledge and when they are confusing which is a good ico to invest and shill will come with its million words.
A newbie without education will follow the order that created by shillers.

[Danda23]

It is true most people don't do research they just Invest in a project because they don't want to miss out, but there are people who take time to do research on a particular project, check out thee team and everything there is,  after investing, the whole story changes, that is why I say Crypto is full of uncertainties, one should invest what he or she can afford to loose if after research, the scene goes changing.

[rdewilde]

Analyst hyping coins have done more harm than good to investors and should be stayed away from. Also, Investors should learn to make their own research before going for any thing be it ICO, STO or IEO just like you said. It doesn't worth it listening to them but it worth it making your own research then comparing with what you hear from them to know if it's true or not.

[audaciousbeing]

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.

The place of research in crypto investment decision cannot be over emphasized but times without number, a lot of people still falls for the same thing all over again and just like you have rightly said, its due to laziness but sometimes its due to capacity of what is available to the prospective investors because majority of investors are average users of the internet whose only source of information is through Google and the perpetrators knows that so they put in place what they want those investors to see and blinded them with those few things against seeing some other review that are from those who can do a more detailed investigation on such project.

[gurunanakji777]

Its our core duty to due diligence before investing in any coins/project because there will no use of repenting later and blame others for loss. There must be a planning for investment in any coin and one should do proper research about the coin on own before investing and should not rely on others opinion or any hype.

[andika2018]

Analyst hyping coins have done more harm than good to investors and should be stayed away from. Also, Investors should learn to make their own research before going for any thing be it ICO, STO or IEO just like you said. It doesn't worth it listening to them but it worth it making your own research then comparing with what you hear from them to know if it's true or not.

Agree, in terms of investing in the cryptocurrency market, we better do our own research than trusting unclear information about a project. By doing our own research, we can avoid FOMO and also understand the prospects of the project

[toydoll]

There is nothing to add, all right.But not everything is so simple, it is not possible to be 100% confident in any project.Even a good team, Manager or advertising-is not a guarantee that everything will be successful and you can earn money.Of course it is necessary to do a deep analysis of the proposed product,and still a lot will depend on luck.

[fosco333]

Well.. without doing your own research, you won't be able to find a good project in these days.
Either it is ICO or IEO, research on their company is mandatory for all investors if you don't want to lose your money later.