What things to check when it comes to DYOR

[Luizwalter Crypt]

The word DYOR always sounds strange to newbies in crypto as they have no idea atall were to start even with their google search engines.
What sites could be best for this and what the first 5 qualities to watch in a coins project when Doing your own research?
you can share your thoughts on this to enlighten some of us here.

[aioc]

The word DYOR always sounds strange to newbies in crypto as they have no idea atall were to start even with their google search engines.
What sites could be best for this and what the first 5 qualities to watch in a coins project when Doing your own research?
you can share your thoughts on this to enlighten some of us here.

You cannot do your own research if you do not have knowledge on how to do your research, so the first thing that you need to learn is to be knowledgeable on how to look for a good and bad project.

These are the parameters I'm using when checking on projects :
Who are the team behind the project and what are capabilities ?
Is the whitepaper not just a copy of past project?
Are they transparent ?
Do they rely on hype and shilling ?
Do the platform have a usecase that will benefit the community?
What credible companies that are backing the project?

[MAAManda]

The word DYOR always sounds strange to newbies in crypto as they have no idea atall were to start even with their google search engines.

DYOR or DWYOR are just words that act as a disclaimer, anyone who creates content about analysis never knows whether the reader or viewer is a newbie or not, a newbie must also be aware of his capacity as a newbie, he can learn first in basic articles about crypto .

What sites could be best for this and what the first 5 qualities to watch in a coins project when Doing your own research?

To determine research indicators, you need to know first what the purpose of your crypto purchase is, whether it is only for short, medium or long term investment. Then, do you want to buy mainstream altcoins or just degen tokens?

Each purpose has its own initial indicators, so only you know what initial indicators you want to know. We have a local topic discussion about useful sites on crypto metrics, you can read it here. You can use Google Translate to find out the contents.

[anarkiboy]

If there is any kind of premine or dev-tax - it's a 100% scam  
If it's only a token running on other chain - it's a 100% scam

[Nwada001]

If there is any kind of premine or dev-tax - it's a 100% scam  
If it's only a token running on other chain - it's a 100% scam

There are tokens that I have held in the past that are tax-enabled; if I remember correctly, it was called sphere finance. Something of that nature: the tax deducted from holders during sending and during selling is also distributed back to those who hold the token and some to charity according to them. I made a good profit from the token before they could no longer keep up with the reward system. 
 
What do you mean by a project running their token on other chains? It's not compulsory for each project to have their own blockchain; in fact, a lot of good projects now are even excelling under some of the famous blockchains like TON, SOL, etc. The chain isn't really a problem when it comes to checking if a project is legit or not.

[EarnOnVictor]

The word DYOR always sounds strange to newbies in crypto as they have no idea atall were to start even with their google search engines.
What sites could be best for this and what the first 5 qualities to watch in a coins project when Doing your own research?
you can share your thoughts on this to enlighten some of us here.

As the full meaning implies (Do You Own Research), it is subjective and must be thorough to void any doubts surrounding the projects. However, as you asked, I think I can give you the five as follows;

1. Try to know the brains behind the project, even if they are anonymous, to ensure they are serious and know the partnerships they could garner.

2. Ensure they have a serious and genuine community and not some sort of bought audience. The community must be somewhat large too.

3. Follow their reviews online.

4. check for their success with their presales, and

5. The seriousness of top exchanges in accepting them, especially on launching.

[X-ray]

The word DYOR always sounds strange to newbies in crypto as they have no idea atall were to start even with their google search engines.

it's DYOR because some newbies are blaming other when their crypto investment goes down, with this word DYOR it just simply means that whatever risk you are taking you're on your own and you should know that it's risky investment.

What sites could be best for this and what the first 5 qualities to watch in a coins project when Doing your own research?

your best bet when trying to analyze project is probably site like coinmarketcap and coingecko, they have extensive data about the coin that you're looking for most of the time and if your coin doesn't even exist in both of the site, is it even a worthy coin to invest in?

from my experience, try to look at tokenomic, future vesting unlock, backer of the project and also market data about the coin such as the FDV, 24h volume, ATL and ATH.
honestly it's gonna be really long reply if i'm gonna elaborate all the things to look out before investing in a project but all things I mentioned above already underline some basic things to observe before making any financial decision to invest into the project.

[TravelMug]

The word DYOR always sounds strange to newbies in crypto as they have no idea atall were to start even with their google search engines.
What sites could be best for this and what the first 5 qualities to watch in a coins project when Doing your own research?
you can share your thoughts on this to enlighten some of us here.

Good question, for me this is what I look for when I do my own investigation,

a. whitepaper - is it original? or just another project can copy others?
b. people behind - you need to look at what are the credentials, maybe they have their reputation to bring in the market
c. tokenomics - how it the tokens distributed, will the majority of the stakes are going to the devs themselves?
d. where they are going to list? Is it on a top tier exchanges or just fly by night?
e. what kind of marketing are they going to do? shills? bounties here? or getting a good bounty managers? funds escrows?

[betswift]

The word DYOR always sounds strange to newbies in crypto as they have no idea atall were to start even with their google search engines.
What sites could be best for this and what the first 5 qualities to watch in a coins project when Doing your own research?
you can share your thoughts on this to enlighten some of us here.

Good question, for me this is what I look for when I do my own investigation,

a. whitepaper - is it original? or just another project can copy others?
b. people behind - you need to look at what are the credentials, maybe they have their reputation to bring in the market
c. tokenomics - how it the tokens distributed, will the majority of the stakes are going to the devs themselves?
d. where they are going to list? Is it on a top tier exchanges or just fly by night?
e. what kind of marketing are they going to do? shills? bounties here? or getting a good bounty managers? funds escrows?

Great points! I would also add their collabs, the projects with which they would have activities or something similar. That way, if we go a bit deeper into projects around our analyzed one, we will get a better picture of its credibility.

[mu_enrico]

In addition to what @TravelMug said, you need to understand what the project is about. Is it just a code fork from another known blockchain, a meme, or something entirely new? Then, if the project has a GitHub or working code, you should be able to at least determine if it's well maintained or not.

[betswift]

In addition to what @TravelMug said, you need to understand what the project is about. Is it just a code fork from another known blockchain, a meme, or something entirely new? Then, if the project has a GitHub or working code, you should be able to at least determine if it's well maintained or not.

Agreed, great point! That way, a person will understand whether the devs go with something new (which has more potential, usually), or with something proven with time (which has less potential but still isn't bad )

[Luizwalter Crypt]

Good question, for me this is what I look for when I do my own investigation,

c. tokenomics - how it the tokens distributed, will the majority of the stakes are going to the devs themselves?
d. where they are going to list? Is it on a top tier exchanges or just fly by night?
[/quote]

I think the tokenomics and the exchange to be listed on really matters alot. Last time I checked coins to be listed on binance tends to have great values. Good points you made.

[kentrolla]

Most o you have already answered the question but despite all these checks we cannot be 100% sure about success of coin because nowadays everything can be faked.
 
In general, I check about few stuffs like dev team, their previous works, partners and whether there is any official announcement about partnership from their partners because people just mention any big organisation name as partners then there are basic checks like supply, whitepaper and check for plagiarism which are mandatory.

[mpoletiek]

You cannot do your own research if you do not have knowledge on how to do your research, so the first thing that you need to learn is to be knowledgeable on how to look for a good and bad project.

These are the parameters I'm using when checking on projects :
Who are the team behind the project and what are capabilities ?
Is the whitepaper not just a copy of past project?
Are they transparent ?
Do they rely on hype and shilling ?
Do the platform have a usecase that will benefit the community?
What credible companies that are backing the project?

Best advice I've seen on bitcointalk since I joined.(late comer)

[Adbitco]

As we know do your own research is no longer a new thing in the industry lot of people have been so carried away by lot of project and coin, with the way they are being hyped on the crypto market if you don't do proper research you could end up investing in a wrong project whereby you lose heavily so it is always advisable to do your own personal research before venturing into any coin project. But first, before going into a investment or research it's important to know the team involved, total minted coin, community and the total amount raised so far within the period of sales. For instance, phase 1 to phase 3 most of them ends up launching phase 5 as well to enable them meet yo their caps could be soft or hardcap.

[DeathAngel]

Before investing in a coin or token research the project's fundamentals including its purpose & tech. Evaluate the team's experience & track record, as a strong team is vital for success. Check the community support as an active community suggests confidence in the project. Analyse marketcap & liquidity to understand the coin's value & ease of trading. Consider any legal or regulatory issues to ensure compliance & minimise risks associated with your investment.

[Wexnident]

~

Well, you usually study the site of the coin itself, the white paper, roadmap, etc, and check if it actually makes sense and would look good. Now what "looks good" depends on the person themselves, so that's really up to you to decide imo. After that personally I just browse around random forums and discussions about the token itself. More specifically I try to look up the chances that the project is actually just being shilled or are they completely legit, which in most cases yes, they are being shilled and just hyped around. They can be invested on since they usually pump up in the short term but I mostly look for long term investments.

[Qiubell5]

Most o you have already answered the question but despite all these checks we cannot be 100% sure about success of coin because nowadays everything can be faked.
 
In general, I check about few stuffs like dev team, their previous works, partners and whether there is any official announcement about partnership from their partners because people just mention any big organisation name as partners then there are basic checks like supply, whitepaper and check for plagiarism which are mandatory.

There are many terms to know in the world of crypto assets, I think investors will continue to do research and gain knowledge before jumping into the world of crypto asset investment, and there must also be encouragement for investors to seek information and conduct in-depth research, to invest in crypto in any form so that investors will also benefit from the investment they are making, by making decisions related to crypto assets because they have had mature considerations to enter it.

[KingsDen]

Good question, for me this is what I look for when I do my own investigation,

a. whitepaper - is it original? or just another project can copy others?

Some scammers are always in a haste, since they know that they have no long term vision, they do things hastily in order to scam fast and move on to the next project. That is why you see whitepaper plagerism.

c. tokenomics - how it the tokens distributed, will the majority of the stakes are going to the devs themselves?

Is this information always public? Can't they be doing another thing behind the scene and present another to the public.

d. where they are going to list? Is it on a top tier exchanges or just fly by night?

A nice research point. If reputable exchanges have accepted and bought some of their presale coins, a good sign right?

e. what kind of marketing are they going to do? shills? bounties here? or getting a good bounty managers? funds escrows?

If they choose shilling and bounty, is it a red flag?