DeutschWhat Does DYOR Mean?
Experts advise investors in the crypto world not to blindly believe all available information. Instead, anyone interested should do their own research to collect as much data as possible from different sources. This maxim is known as “Do Your Own Research” (DYOR), which freely translated means “Do your own research”.
Especially in the still young crypto market, there are many attempted scams (scams), so the research also serves to protect your own money and should always be followed. It is advisable to always use multiple sources.
In particular, investors should not blindly rely on the recommendations and statements of finfluencers (financial influencers), but should inform themselves about every digital asset.
