Do Your Own Research (DYOR) is regarded as one of the most important aspects of being a cryptocurrency investor.
The term first became popular during a wave of ICO projects that flooded into the cryptocurrency space between 2016 and 2018.
Many investors were left duped or out of pocket by a host of scams entering the market as potential get-rich-quick crowdfunding schemes.
As a way of combatting fraud, people were urged to ‘DYOR’ and investigate any potential investment fully before committing money to any project.
No research without action, no action without research.