Ask yourself this questions before investing money in any coin

How to DYOR? Quick guide

90% of the time, the market is in a condition of uncertainty, which necessitates analysis. Before any investment, you need to ask yourself the question "is it worth it?" or "why can this project be profitable?". And, in order to fully comprehend the project, I've compiled a thesis list of questions that you should always ask yourself when conducting your own study.

We always begin at the project site.
There, you will be welcomed with a brief summary of the project, so be sure to read the Whitepaper/Docs to learn more.
At this point, you should ask the following questions:
What exactly is this project?
What is the point of it?
What possibilities does the project offer?
What are the project's RoadMap plans?

Next, you must determine who is the success guarantee:

What sources of funding aided the project?
What are some examples of these funds' success?
Will the funds be interested in the project's and the token's subsequent development?
It is also critical to assess the hype surrounding the project as well as the audience's involvement. Be cautious and double-check official sources. The more successful the initiative, the more scams will surround it, and you will be added to various groups where they will offer to send money. Don't fall for these ploys!

How active are the project's social networks? (Telegram, Twitter, Medium, GitHub, and so on.)

How involved is the team in social media support?
Is there a program for ambassadors?
Nodes (do they update and function properly)?
We assess other initiatives' trust and application.
How many other projects have already offered assistance?
How can they be of assistance to one another?
Check out the feedback from partners on our pages (after all, you can merely tag that Solana supports you, but they have no idea).
Check out the social subscription networks of notable people for this project. A nice technique to keep an eye out for such "friendships" on Twitter.
Avoid anonymous teams and projects that do not identify their developers or team at all. Admins or project members will never send you a personal email offering to acquire their tokens!
From a personal standpoint, would you trust these guys with your money?
What country does the team represent?
What projects have the team members previously worked on?
How interested are they in the project's progress, or do they prioritize obtaining funds and creating the token?

We assess the demand potential and the technological quality.

What competitors are there already?
How popular is the competitor's technology?
How much more advanced is our technology?
It is critical to understand which and how many tokens will be available for purchase on the listing, therefore we investigate the unlocking / vesting periods for each item. You can calculate the approximate capitalization at the latest sale price and assume the expected price pressure after receiving the number of tokens available at the time of listing.
Why is a token required?
How will the token be put to use?
To whom are tokens given?
How many tokens are there in total?
How much does the team own?
How many tickets were sold in the Seed and Private rounds?
What price did you enter these rounds at?
What are the terms (locks, vesting)?
How many tokens were given out to society?
How many tokens will be given out as rewards?
How many tokens will be sold during the Public Sale?
What networks is the token compatible with?
What kind of liquidity will be available as a result of the listing?
Following that, we went out to compare the data to the projects of competitors. We will be able to estimate the growth potential in this section.

And now that you've gone through all of the questions, you've decided to put money in this project:

We decide when and under what conditions it is best to deposit money.
We investigate the terms of selling.
We consider the format as well as the sales platform.
We research the platform from which we intend to make a purchase.
If the sale is not at a predetermined price but on Balancer or Mesa, we consider the token's fair price.
If the sale is in the form of a lottery, try opening multiple accounts to maximize your chances of winning.
Consider the averaging method on the listing depending on the condition and format of the transaction.
Examine the project's scheduling carefully; otherwise, the funds in the project may be frozen for an extended period of time.
At the outset of the voyage, you must determine a reasonable price and set profit goals.
In the event of failure, you must plan ahead of time to make up for the loss.
Divide your sale into various objectives, the first of which is the return on your initial investment.

Conclusion

Furthermore, you may always avoid conducting your own study by reading other people's pre-written project assessments. After all, they could simply pay for the review in order to attract money and then dump it on you. As a result, there is no place in the cryptosphere without DYOR.
You make all of the decisions.
You must also accept responsibility for the outcome.
Make sure to pay attention to money management and dangers.
Do not put more than 5% of your deposit into a single project.