It has been always recommended that whatever you hear that is related to cryptocurrencies, you should always DYOR, and this is for the best benefit of who is asking questions, so you won't be lead astray. As a trader, you've gained trading experience, but for newbies barely will they know that there's need for them to make research before using the tools they're told to, because it was recommended by their called mentors. We should always watch out for some kind of sneaky mentors who are after their personal gains.
Beginners are the preys here and they need to do everything within their power to make sure they grab the basis of the market and always ensure to do their research about a project before proceeding to invest in that project. The market is not something that we should be able to acknowledge without having to verify our source of information because information is the trend and knowing the action price of the market.
On the records, DYOR is very important in the market and it shouldn't be discretionary since the market is filled with volatility, everyone needs to be extremely meticulous and scrupulous in the market since every detail is imperative, who knows? Also, we should have in mind that these mentors have other objectives which they considered ultimate, let's talk about the commissions been issued to some of these mentors in the market, they know exactly what they're doing and chasing after big wins is their goal, we sit back and retrace our steps and know for sure what we actually want.
We have to have two-way thinking. Because whenever we are dependent on a person and whenever we are not willing to do any kind of research or extra learning or to know about its opposite sides, then we will never understand whether we are learning about the good side or the bad side. If we do not have the knowledge to understand what we are learning and how much we are willing to learn and whether what we are learning is right for us or not, then we can definitely learn wrongly and we can be harmed as a result of this wrong learning.
We can never be dependent only on the mentor, but we have to verify from other places that we are learning the right things or not. If we do not do this, then even if we gain wrong knowledge, we will move forward thinking that knowledge is right.
