In the world of cryptocurrencies, hype can overshadow common sense. 'Hyped' coins, Telegram channels, influencer shilling - all of this creates a powerful wave of emotions but is often not backed by reality. That's why one of the main principles of any trader or investor is DYOR (Do Your Own Research) - do your own research.
🔍 What does DYOR mean?
It's not just a phrase. DYOR is an approach that involves:
a review of the project's whitepaper;
studying the tokenomics;
analysis of the team, partnerships, social media activity;
an assessment of trading volume, liquidity, and exchanges where the coin is traded;
the ability to distinguish real use cases from empty promises.
🧠 Why is this important?
Protection against fraud. The market is filled with scams where the team simply disappears with the money.
Avoiding FOMO. When a coin skyrockets, it seems like 'the last chance'. DYOR allows you to pause and look at it soberly.
Long-term benefit. Carefully selected projects often grow more steadily and have real value.
📌 Example: BTTC
Recently, the BTTC coin has been actively discussed in communities. Is this just another hype? Or something more?
👉 Do your own analysis:
What are its prospects?
Who is behind it?
What are the development plans?
After this decision - whether to buy or not - will be reasoned, not emotional.
---
Remember: in the market, it's not the one who buys quickly that survives, but the one who thinks deeply.
DYOR is your shield.
