Sharing it with you, it might save someone one day :D
Questions to Answer Before Investing
Before diving into any cryptocurrency investment, it's essential to ask yourself several key questions to ensure you're conducting thorough research. Here's a checklist to guide your DYOR crypto process:
- What Problem Is the Project Solving?
- How Does It Differ from Competitors?
- Does It Follow Its Roadmap and White Paper?
- What Are the Legal Regulations in Your Country?
- Has It Raised Funding? Who Are the Investors?
- Who Are Its Partners and Supporters?
- How Is It Promoted? What Marketing Strategies Are Used?
- What Are the Trends on Google and Social Media?
- What Is the Tokenomics? How Are Tokens Distributed?
- Are There Any Red Flags?
More suggestions for How to Do Your Own Research (DYOR) in Crypto?
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