- DYOR.
This is by far the most important advice, and could prevent 99% of scams that people fall for.
I agree but this is easier said than done.
Research requires time and some knowledge. An absolute beginner who doesn't understand the market, the technology and the ways they scam people is not going to be able to make a conclusion based on what they research.
Well articulated here. When is read DYOR, it is often said as if it is easy to research. And when this is said to newbies, it gets me more confused because a newbie who has no experience about Bitcoin or cryptocurrency at large will really have nothing to research.
Even an experienced person could go into research and at the end of it becomes more confused about the decision to take. I feel that more should be told people rather than doing their own research.
To Newbies: something like Learn before you Earn(invest) should always be told them.
To Experienced users: Take responsibility in whatever be the outcome of your decision. Invest what you are able to lose etc