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DYOR

DYOR, which stands for "Do Your Own Research," is a term commonly used in the community. It is used as a reminder for individuals to thoroughly investigate and understand a particular coin or investment opportunity before making a decision. [1]

Overview

The term became popular as a way to combat the rampant misinformation and manipulation that can occur in the unregulated cryptocurrency market. In the early days of , many people were lured into investing in scams or poorly-designed projects with little research. As the market matured, many investors and cryptocurrency experts began to advocate for more due diligence and caution when investing in digital assets. [2]

The DYOR philosophy is rooted in the idea that individuals should be responsible for their own financial decisions, and not rely on the advice of others without verifying it for themselves. This includes conducting research on the team behind a project, the technology being developed, and the overall market conditions. Some resources that individuals can use to DYOR include reading the project's white paper, analyzing the project's Github repository, and participating in community discussions about the project. [2] [3]

The term DYOR is also often used as a disclaimer when crypto and NFT influencers make public posts or share their market analyses on social media platforms. [3]

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