DYOR (Do Your Own Research)
Do Your Own Research — investigate before every investment, don't blindly follow advice.
DYOR (Do Your Own Research) is a fundamental crypto community principle calling on investors to research a project themselves before investing money — instead of blindly following advice from influencers, YouTubers, or "hotips" groups on Telegram.
What DYOR involves:
•Reading whitepapers and documentation
•Checking team and their history (LinkedIn, GitHub)
•Tokenomics analysis
•Reviewing smart contract audits (CertiK, Trail of Bits)
•Monitoring on-chain activity (Etherscan, Dune Analytics)
•Following development (GitHub commits)
•Understanding competition
DYOR tools:
•CoinGecko/CoinMarketCap — market data
•Messari — analytical reports
•DefiLlama — DeFi protocol TVL
•Etherscan — on-chain transactions
•Twitter/X Crypto — sentiment and news
No investment is "safe" — DYOR is your only protection.