DYOR (Do Your Own Research)
A reminder to independently verify information and evaluate risks before investing or using a crypto project.
DYOR emphasizes personal responsibility. In open, fast-moving crypto markets, misinformation spreads quickly, and many projects have asymmetric risks. Thorough research reduces susceptibility to hype and fear.
Before buying a token, review the whitepaper, code repository, audit reports, token distribution, and team history; verify claims rather than relying on influencers.
Core practices include checking on-chain data, understanding tokenomics, assessing governance, and evaluating regulatory and security risks.
A user inspects contract addresses on a block explorer and reads recent governance proposals to judge activity and community alignment.
Related Terms
Pump and Dump
→A manipulative scheme to inflate the price of an asset and then sell it to unsuspecting investors.
FUD (Fear, Uncertainty, and Doubt)
→FUD, or Fear, Uncertainty, and Doubt, refers to the spread of negative, misleading, or false information to harm the reputation of a cryptocurrency or project.
All terms and definitions may update as the Cryptionary improves.
