What is DYOR? A concept that changes investment decisions
DYOR stands for "Do Your Own Research," which in Chinese means "do your own research." This phrase embodies the core philosophy of the cryptocurrency community—encouraging each participant to conduct independent and comprehensive investigations before buying, selling, or holding any crypto assets. In simple terms, DYOR means not blindly following the crowd and replacing emotional decisions with rational analysis.
This concept emerged after the ICO boom from 2016 to 2018. At that time, countless scam projects flooded the market, and many investors suffered significant losses due to lack of independent investigation. Since then, DYOR has gradually become the most important safety catchphrase among cryptocurrency investors.
Why must cryptocurrency investors pay attention to DYOR?
Unlike traditional investments, the crypto market is highly