DYOR

zampe

Actually not a scam. DYOR but def could be real and there’s ways for you to check without risking anything. \>Coinbase’s own current help documentation confirms that it sends **physical-mail notices** when inactive accounts are approaching escheatment (transfer to a state’s unclaimed-property program). It specifically says these notices may tell you to sign in or otherwise establish activity before a deadline. \>More importantly, there is very recent evidence that **Coinbase actually selected Eisen to operate its abandoned-property/escheatment program**. Eisen’s CEO Allen Osgood announced the Coinbase relationship, and Coinbase-focused industry posts corroborate it.

Glimmer_III

_I mean this in the best way, for you or other lurkers with similar questions, and it is NOT meant, at all, to be passive aggressive. You make your own choices. But, please, make informed ones..._ About this: > _Like i look at narratives i have faith, hold, then bottom and its just i don;t know if im doing it right lol._ A collegial tip: * Once you identify something as marketing, ignore it. * Those statements about faith, hold, then bottom? They're marketing. You are 100% in this alone. You have no friends. There are only common interests. The people saying those narratives often have an interest in "not feeling like an idiot unto themselves". Those people _want_ you to stay in it because _you're_ their exit liquidity. Keep your own counsel. Learn to identify, and then immediately ignore, marketing. It'll keep you safe and make you a better trader. (And you'll find "buy-and-hold" for quality assets nearly always beats chasing the dragon.) ______ Good to remember: Many people, in life and in trading, have "success" yet conflate "success due to luck" vs. "success by design". So much of what you're likely seeing about "meme coin success!" are old tropes or stories from 2021 and the first DOGE craze. Lots of us here lived through that. Some people made a ton of money. Others lost their shirts. Everything in between. But you really can't compare strategies from 2021 with strategies in 2026. The entire market is different. The signals are different. And most importantly, the _liquidity is completely different_. I would never touch meme coins in 2026. You're just straight up gambling without realizing it. The times you think you "were smart" and got a profitable trade...you probably were just lucky and are mistaking it for your trading acumen. In 2026, the memecoin scene are either: (a) insiders (looking for exit liquidity) (b) suckers (providing the exit liquidity to the insiders) Unfortunately, you are almost certainly are part of "b", otherwise you wouldn't be making this post. And you don't want to become part of "a". You really, really don't. A better use of your time would be studying traditional finance so you have the language and analytical tools to compare crypto investments against other yardsticks. Because if you can't talk about "What purchasing power relative to inflation is? Or talk about the 10 year T-bill rates?", then you really aren't an informed investor...you're the worst sort of gambler: You're the one who doesn't yet know they're gambling, even though everyone else can see it. . . . . . . . . > how you guys scout which memecoins to put money in, Easy. My analysis is `IF memecoin, THEN ignore.` It really is that simple. The _only_ way memecoin trading "works" is if you are there on day-1, get in, and get out during the initial pump, and can be satisfied with a 10%-25% gain in a few minutes/hours. By any reasonable standard, that's an exceptional ROI. Once you wait for more, and once you "get greedy" trying for me, nope...you're now exit liquidity for someone else and are just gambling even more there is a greater fool. (If you don't know the "greater fool theory", look it up. > whether its worth looking at these big traders and following their trades, No. DYOR applies. DYOR = Do your own research. You can follow those big traders, but DYOR on whether or not you agree with them. Memecoins are universally a trap. > how you guys deal with fomo and the fact that once a coin has past a certain point theres no point in getting in and trying to profit, You ignore FOMO. The saying goes "No one ever went broke from the trade they didn't make." If a project gets "too hot", and you've missed your entry point, move on. Don't chase the dragon. Simply ignore it. (And, hint: A lot of the price action you see with memecoins is manipulated _specifically_ to make you feel FOMO and make a dumb mistake.) Best possible thing you can do is if you feel FOMO, that's your sign to step away. Trading should be dispassionate and boring, not exciting. If you're getting dopamine from it, you're doing it wrong. > how long it took to actually get started (im a week in and i feel hopeless).. Get started? About 2w-4w. To dig myself out of the negative hole I got myself into? Another 1y-3y. HINT: Don't be like me. Stop what you're trying to do, and start studying fundamentals. > how you decide which narratives are worth investing in, etc. Never invest is anything you do not understand. It's true for all investing. If you don't understand it, you can't do anything more than gamble. Take the time to understand a project, and that project's market segment/industry, and _then_ you can evaluate if it may (or may not) be a good investment. (Basically, become analyst for your own portfolio.) > Just some basic advice/personal stories on trading so i don't feel like its over and stress out about being behind.. No. You absolutely _should_ stress out about being behind. That's the other half of your brain trying to protect you from yourself. You've "bought yourself an education" this last week for `$XXXX.XX`. What have you learned? What has that education given you? You've _paid for the stress_. Don't let it go to waste just because you don't like what it's saying. Take a beat, slow down, and accept that the stress is part of the gig. There is no easy money, despite what folks tell you. If you're losing out, it means you're the exit liquidity for someone else, and you're either a sucker, a patsy, or both.

theincognito66

That's not even true. I haven't heard of Ledger, Trezor, Blockstream, or Electrum having any hacks. DYOR and treat your asset like the valuable scarce resource that it is

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Post is by: Connect-Essay358 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vji0a6/il_shield_would_you_pay_29month_to_protect_your/ I'm building a mobile-first tool that shows you your exact Impermanent Loss \*before\* you deposit into a liquidity pool. \*\*What IL Shield does:\*\* \- Calculates your IL instantly \- Shows your break-even price Tells you your net yield after subtracting losses Most LPs don't realize they're losing money until they withdraw. IL Shield shows the risk upfront. \*\*❓ Question for the community:\*\* Would you pay $29/month for this tool? 👉 https://il-shield-landing.genmb.com If yes, tell me why in the form. If no, tell me why not. \*100% free during beta.\* \*Not financial advice. Always DYOR.\* *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

GoldmezAddams

I get a little out of my depth here, so DYOR, but as I understand it, multiple receives to the same address don't matter in this case, but signing with the same private key multiple times, does. And, in the case of an attack like Dark Skippy, enough seed material to matter could be leaked in a single transaction.

Accomplished-Net1378

you can generate words offline with [https://github.com/iancoleman/bip39/releases](https://github.com/iancoleman/bip39/releases) and you can generate private keys offline with [https://github.com/pointbiz/bitaddress.org](https://github.com/pointbiz/bitaddress.org) you can search for stolen coins from those two. DYOR you don't need 100-200-300$ hardware to secure your coins. use open source wallets

MakCapital

That connector bug affected iPhones too. You're unable to to draw a mental comparison of the scope being discussed. For hardware designed for the single purpose of generating safe keys & safeguarding those keys **for the average person** you will clearly want to recommend Ledger over iPhones or any mobile device. Ledger's security has been audited and long tested. From everything we know about all options we can draft the most probable list of safe options for your average person. Major exchanges use Ledger for cold storage for years. Just as they use custom setups with an iPhone. However, you're average person shouldn't be trusted to use an iPhone in a way that could match or beat the security of Ledger. It's just not going to happen. Being completely unreasonable with how your average Joe would approach each option. This is why context matters from an off handed comment that goes viral and understanding the pros and cons of existing options comes into play. DYOR. There's no reasonable argument that can be made to invalidate the most probable safe list of self custody solutions I previously posted. Not arguing the edge capabilities of each option with the perfect setup. We're discussing the safest paths for the average person in order. No one cares what a nerd can do with an iPhone in a well designed setup.

HereToday0522

99% of crypto is a scam, but the 1% have great use cases. Visa has partnered with SOL to run on their rails. Many International banks have partnered with XRP to implement CBDC’s. DYOR & you can find great investments.

scottmsul

Interesting, I also made a twenty fourth word python script in my repo as well. Probably doesn't matter which script you run, what matters is how you run it. Probably something offline, with no wifi chip, running tails os is ideal. But DYOR.

Deep_Duck1297

https://preview.redd.it/g2h38zy0znhh1.jpeg?width=1206&format=pjpg&auto=webp&s=df46936f245ab8b5d93874f58dde7ad4a9bef20b $WIWIWI feels like the first truly special meme I’ve seen in years. Community formed aggressively in days, with most core holders swapping to the PFP on X immediately. A post went viral on X before the token even existed, and the meme already had TikTok traction “wiwiwi”. Has MOG/BILLY/MICHI dna, but in my opinion more multifauceted. Next leg up feels close. Study this. DYOR.

MCL-Jonathan

Best to consider moving some into a reputable CEX. NFA and always DYOR

ProfitableCheetah

Not sure what you are trying to achieve. There is no such thing as a "smart short term investment". If we knew what will pump in a week or a month we would all be rich. DYOR, invest in things you think will be around in 20 years, and don't expect overnight gains because those days are over

Slajso

Listen to others but DYOR before making a decision. Block all DM's, they are all scammers.

Prestigious_Ear505

I have read that the cc had two seed generators. One was the proper one that produces zillions(?) of possible seed phrases. The other was a much simpler seed generator that was much easier to determine by computer. There is a software switch that could toggle between the two. The cc software did not check and ensure the switch was toggled to the zillions seed phrase generator. So the hackers stole the crypto directly off the blockchain. That cc even had the simpler seed generator and switch is beyond stupidity to me *this is from memory, so DYOR

AcostaJA

DYOR, if so many people would never use a wallet seed generator, and instead generate it off line using dices and N methods except the most unreliable: wallet integrated seed generator.

Loafmanuk

That is a DYOR question I'm afraid. I'm just an internet stranger, so cannot be trusted.

Suspicious-Local-901

From what this tells me, and at least today, should take 150 years 🤷🏼‍♂️ but DYOR

tpc0121

lol robbing hood is probably the worst possible place to buy and store bitcoin if you're gonna trust a centralized exchange, maybe consider fidelity crypto? DYOR

Unhappy_While_3215

Thanks for your comments. I haven't seen many opensource tools that provide this in a clean interface, so thought Id share. Happy for people to completely ignore or just use for experimentation. I checked it with Metamask and Satochip wallets and the key derivation matches. However as they say DYOR. Btw I have a variant that does Trezor SLIP39 and also have a BIP39 to SLIP339 converter. Still testing this so haven't posted. Just trying to add to the tools and familiarity of how wallets are generated. Cheers

585463

They should DYOR and understand that 3rd parties create weaknesses

MMinjin

Next time it will be a different fault in the hardware/software/whatever and everyone will be saying something like "you should have been using pure dc voltage from a Nimh cell, everyone knows that, DYOR, you can't just expect the device to work"...

Aegonyx

For the last part of your post; Look for undervalued crypto coins. That's your only choice. Please avoid meme coins if possible. For example, with today's BTC coldwallet incident, interoperability will be crucial as everyone will be moving their funds from - to exchanges. A project I found to be very interesting, and weirdly undervalued is Axelar. It has insanely strong integrations, it connects dozens of networks, "secure" and they are implementing a "gasless transfer fee?" Either way, there are many promising projects out there, please DYOR.

Aegonyx

Guys, Interoperability coins are most likely next in the cycle after AI. For example, with today's BTC coldwallet incident, interoperability will be crucial as everyone will be moving their funds from - to exchanges. A project I found to be very interesting, and weirdly undervalued is Axelar. It has insanely strong integrations, it connects dozens of networks, "secure" and they are implementing a "gasless transfer fee?" Either way, there are many promising projects out there, please DYOR.

Aegonyx

Look for undervalued crypto coins. That's your only choice. Please avoid meme coins if possible. For example, with today's BTC coldwallet incident, interoperability will be crucial as everyone will be moving their funds from - to exchanges. A project I found to be very interesting, and weirdly undervalued is Axelar. It has insanely strong integrations, it connects dozens of networks, "secure" and they are implementing a "gasless transfer fee?" Either way, there are many promising projects out there, please DYOR.

Aegonyx

As someone else pointed out. What does LINK do to deserve that price? On the other hand, with today's incident, interoperability will be crucial as everyone will be moving their funds from - to exchanges. A project I found to be very interesting, and weirdly undervalued is Axelar. It has insanely strong integrations, it connects dozens of networks, "secure" and they are implementing a "gasless transfer fee?" Either way, there are many promising projects out there, please DYOR.

Aegonyx

For those in the red, I think after today's BTC incident, interoperability coins like Axelar will be very relevant/important. A lot of people will be moving their coins from - to exchanges, and for that they'll need secure and cheap interoperability services. Please DYOR.

Specialist_Trust4945

>People expect that the hardware wallet which is the favorite of BTC maximalists would be safe. Then they are delusional. If you're so keen on self custody, you'd also have to DYOR on what could go wrong. If you don't... well, I feel bad for you but you're just waiting for something to happen to your funds. >Passphrases are super problematic and shouldn't be necessary. True. It's just another level of protection if you somehow fuck something up and expose your seed phrase. If you do everything right, it's absolutely overkill and not necessary.

smallsimplesteps

Sad day. This exploit is going to greatly reduced the overall reliance on self custody.  Multi sig is a good security upgrade but DYOR

MMinjin

Just think of all of the NYK NYC folks who were shilling so damn hard for this company. Oh, I know what the response will be : DYOR. What a joke.

Party-Brief3166

High performance infra, buybacks, revenue, traditional markets 24/7 and another airdrop rumour that could attract more farmers to speculate. SUI working on institutional privacy, payments and the TPS is constantly hitting ATH(SOL competitor imo). SOL is my biggest conviction bet as It is for me the most promising L1, did bet on It after the FTX collapse and I'm still very bullish on It. DYOR

Awkward_Text_8752

This is the best time to go as hard as possible. **ALWAYS DYOR** and numbers go BRRRRRRRRRRR.

BrokenHefaistos

DYOR you lazy ass, even too lazy to code that thing. If it was as simple as 'claude make me a traderbot' then everybody would do it and the market would go horizontal...nobody making any profits.

Fearless-Sherbert-40

I don’t think there’s anything wrong with the way you want to interact with bitcoin, and I am self custody maxi. I just don’t think this sub is the place to get the information you’re looking for. If I was only managing a trad portfolio, I would stick to IBIT, because BlackRock is the least likely to fail. Always DYOR, and good luck.

ARoundForEveryone

\> Not financial advice, DYOR. Probably the only thing worth reading here.

riisen

You are really dense huh. You dont even know what trust me bro is. Lol. DYOR

Hacken_io

We usually recommend to also pay attention to the security side. Since it might be difficult for retail users to dive deep into all the technical nuances, you could check aggregators that have rankings of Exchanges. For example, Coingecko has trust score attached to each exchange. Or CORE3 has rating of exchanges based purely on risk score. You can check any of these, or both, and make a picture of market landscape. DYOR always should be an option https://preview.redd.it/89skxyxwtceh1.png?width=1903&format=png&auto=webp&s=6148ccbe880ddf4297fa4f285787519e57fae4f8

Agreeable_Catch_4230

For now sol can never go down $70 for now and i think should stack more and always DYOR

scapecrafter

Start looking into Kaspa. DYOR as they say. You can start by asking AI deep questions.

frozennorth0

Nobody knows shit about fuck here. DYOR

oak1337

It's currently at 6 cents. If it does everything it intends to do, I think it's easily a multi-trillion dollar asset. Hedera with $1 trillion market cap is $20. But even if it only goes to $1, or $5, or $10... It's at 6 cents now. That's a 16x, 83x, or 166x on your investment. ETH is at ~$2000.... People are calling for a $10,000 ETH (I think that's wrong but we'll see). That would be a 5x on your investment. 🤷 HBAR has a far better asymmetric upside, IMO. NFA DYOR.

ezz_8

DYOR!!! If you have the private key chances are it was pre-segwit. You won’t be able to move it to post segwit wallet (which is most common format) pre segwit wallet address starts with a 1 post segwit starts with a 3 and Bech starts with bc. It can be done trust me! You have Bitcoin Classic. You need to update it to current Bitcoin protocol. Basically new Bitcoin doesn’t recognize it as Bitcoin (security consensus protocol) so it looks foreign to the system

Realistic_Client1969

Put it to chatGPT and DYOR.

arre_barre8

Crypto grows daily more and more. I would think in 2040 alot will be in blockchain technology. We are around 10% of world population in crypto. 45%≈ is based in usa. Usa economy needs crypto . We all know usa economy influence the world economy. Hodl fam it will be worth the wait NFA DYOR , PEACE AND LOVE ✌️

AdConfident3145

It’s mostly the first one, maxis throwing shade at anyone who hasn't converted their entire net worth into cold storage. You'll see it a lot when bitcoin is pumping and the "I told you so" energy peaks. As for other acronyms, DYOR is the one that gets weaponized constantly. Someone shills a token with zero info, you ask a basic question, and the reply is just "DYOR" like they're some kind of oracle. NGU (number go up) is another classic, usually paired with a rocket ship but that one's less sneaky and more just dumb optimism. WAGMI and NGMI are probably the most important pair to know though, that's the whole tribal psychology of the space in two acronyms.

CompetitionDouble420

You MUST DYOR first to understand Bitcoin - what it TRULY is, how it TRULY works - before deciding if it's the right investment for you. It's still in its toddler years in terms of maturity; it can be extremely volatile and super risky. Do not enter unless this is at least a decade-long play for you. That said, if you do all this and decide you are still interested in deploying capital in BTC, THEN begin to research self-custody (using a cold wallet to authorize transactions). Get yourself a cold wallet, like Ledger or Trezor products (from their official web sites, DO NOT USE GOOGLE SPONSORED ADS); I can't speak for Trezor, but Ledger wallets have a companion desktop app you can use to purchase cryptocurrencies directly.

joey_fingaz420

This is why you don’t click random links, you don’t connect your wallet to websites you don’t know, and you DYOR. This is also why hard wallets are a thing, fund your hot wallet, buy whatever and send it to the hard wallet. Nobody’s taking anything from that hard wallet unless they know your pin and physically have the device in their hands.

Juxtapose417

If your going to play accept the risk and stop whining. The above statistics were generated by Gemini AI. DYOR and quit whining

DefinitelyNotAnBot

it's a brand new chain so pretty risky. id only use the official bridges. always start small and DYOR, lots of rugs out there

theincognito66

MSBT has only 0.14% annual fee for their ETF that does the same thing as IBIT. I prefer owning actual BTC, but I also like to throw this info in where I can. DYOR - there are cheaper ETFs that do the same thing

Wayne2018ZA

Per Grok: Yes, switcher.finance appears to be a scam. Multiple recent user reports on Reddit (from r/Scams and r/CryptoCurrency, around early July 2026) describe the same issue: users send crypto for a swap/exchange, the platform receives it, but the outgoing funds never arrive. Support claims the transaction is "stuck in transit" for days with no resolution. Key red flags include:Bot farm promotion: Users report the site was heavily shilled across social media by fake accounts, which is a common tactic for crypto exit scams or rug pulls. Very new / low legitimacy: Comments note the domain was registered recently (around June 2026), and it has no established reputation, reviews on major sites like Trustpilot, or presence on reputable crypto trackers. Typical crypto scam pattern: "Many people recommended it" often means coordinated fake endorsements. Legitimate platforms don't need this. No credible positive reviews, regulatory info, or independent verification turned up in searches—only scam warnings. Other "Switcher" entities (e.g., switcher.ie for energy/broadband in Ireland) are unrelated.Advice: Avoid it entirely. Do not send any funds or connect wallets. If you've already lost money, document everything (tx hashes, chats, etc.) and report it to relevant authorities (e.g., FTC in the US, or your local cybercrime unit). Recovery services are almost always additional scams. reddit.com Stick to well-established, regulated exchanges with strong security track records for any crypto activity. Always do your own research (DYOR) beyond social media hype.

derbyfan1

You are clueless, aren't you? 🤭 You sent me reply which literally made no sense - in English at least. DYOR about the English language before you ask me to do my own research. You have about as much intelligence as a mouldy red apple.

derbyfan1

Bitcoin, crypto? What's the difference. DYOR on this one. There are multiple differences. Once you DYOR, you will be proven wrong.

tnat0r

You can do what ever you want but if they don't DYOR they will never get it.

LooneyBalloney69

DYOR brother. I don't want to pull you in any direction so you feel like I've manipulated you.

LooneyBalloney69

Everyone will start noticing this hidden gem once it breaks above $10, then we will see a parabolic upward movement that will outperform every other project currently out there. The biggest problem and risk with this project is that they are having almost zero bucks for marketing because they invest everything in developing. This is not financial advice. Everyone DYOR before investing.

Freudarian

What do you mean destroyed? Youre down from 100 to 60 without any leverage, so you still have your bag. Whats the problem. DCA. DYOR.

pxlmastr

I guess DYOR is good advice

kirovreported

So DYOR, don't trust.

moonkingdome

Why i already forgot. Probable never noticed. Ever thought bout DYOR.. All influencers suck...

AutoModerator

Post is by: TheShadowScorp and the url/text [ ](https://goo.gl/GP6ppk)is: /r/VaultBags/comments/1ufapio/why_im_watching_vault_early_instead_of_chasing/ I’ve been spending more time looking for crypto projects with an actual long-term reason to exist instead of just chasing the next meme pump. One project I’ve been watching closely is VAULT. What caught my attention is that it’s not trying to sell itself as “the next 1000x meme.” The bigger idea seems to be building a token around real world asset exposure and long-term holding incentives rather than pure hype. That’s what stands out to me: * focus on utility over temporary hype * potential exposure to real-world value-backed concepts * a model that seems more aligned with holding and compounding vs constant flipping * community still early enough where people can actually get in before the crowd notices Most of crypto still feels like musical chairs. Projects pump, insiders dump, and communities get wrecked. I’m a lot more interested in projects that are trying to bridge crypto with actual assets, yield, and long-term use cases. Curious if anyone else here has looked into VAULT yet or has thoughts on where RWA-style crypto projects could go over the next cycle. If anyone here is already researching early RWA / RWU focused projects, I’d like to compare notes. NFA & DYOR X: @VaultBags VaultBags X Community = https://x.com/i/communities/2036662368902553754 Thank You. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

JGdc12

What fun would that be if I just told you. DYOR

Dr_Jecky1l

No - first rule of investing in crypto (even BTC - honestly in any case) make sure you have an emergency fund for backup… Something like 65% of Americans don’t have funds to cover 3-6 months rent if they lost their job. Let’s be honest, there are toons of unforeseen circumstances that can happen overnight no matter how diligent you are ; car accidents, physical health issues, home repair etc etc… It’s up to you what you do with your money, but having money saved for emergencies is absolutely a first priority no brainer… Let’s say you did move everything you had into BTC — and then something happens… you’re forced to sell (probably at a loss, and then even if not your dealing with a capital gain tax…) Investing in crypto especially should be only with money you can afford to lose… don’t take my word for it though.. DYOR.

Vapourhands

DYOR is legal guardrail to shirk responsibility in case someone fks up

BizDev1

Having said that, there are other ways such as, but not limited to, letting one of your family members know that you have saved up for their future and that if anything should happen to him/her, they could find the handwritten paper in a particular place. NAL and not financial advice. DYOR and adapt to the most beneficial and SAFE situation based on your personal circumstances.

Mariusz_Bobek

You're both half right. "Don't trust strangers' picks" is sound, but OP's point is narrower, DYOR to a beginner is useless because research is a skill they don't have yet, lol. nobody should tell you what to buy. But teaching someone how to evaluate, the red flags, the questions, costs nothing and isn't financial advice. The phrase just lets people skip pointing at a method

Sas_fruit

DYOR = I'm not to be blamed, keeping myself safe, self consolation, proof on social media that hey he or she can't blame for the loss, I told them DYOR. It's more or less not taking responsibility while promoting something or the other. Because for taking responsibility one gets paid!

Ishouldveboughtmore

DYOR is 100% the only way to go. But if you are dumb, it won't help anyway.

MerkleShmitzsh

DYOR doesn't make sense untill you start losing money on random coins consistently. Then you start to understand the improtance of it

TheManBL2020

Just DYOR, mate.

King-esckay

To be fair These sorts of questions do not apply to only crypto they apply to everything you do in life What was the response when you typed those questions in a Google prompt? In reality asking a bunch wishful thinkers on reddit the best answer is DYOR anything else would most likely be misleading. How else do people learn stuff in any other field, they do a course or they search and read and read and read

joefunk76

You’re wrong. You seem to believe that there is some alternative piece of advice that someone is hiding from her that allows them to see into the future. Of course, no one is. DYOR is the correct advice about ANY investment because only the person who stands to potentially bear a loss in hopes of a gain is equipped to decide whether the risks and potential rewards of any particular investment is acceptable, let alone desirable, given that individual’s risk preferences and his/her perceived edge in analyzing that investment. Nobody can “make” another person understand something. If getting rich was as easy as asking some random idiot on some random shitcoin forum on one or the other of the two shadiest social media platforms around, then we would all be rich. Crypto investing is the wild west. If someone didn’t tell your cousin that any investment into any crypto other than bitcoin comes with the risk (and likelihood) of a complete loss of capital, then she was simply not fortunate enough to have been surrounded by informed and caring individuals in her real life. Your cousin, like most people, is probably better suited for general investing wisdom than crypto shitcoin gambling. Things like investing preference order (company match, then Roth IRA, then taxable brokerage), large-cap index funds, tax strategies towards retirement, etc. If one is gonna go “full regard degenerate gambler”, they ought to at least know that that’s what they’re doing. Your cousin did this, didn’t know she was doing it, and no one around her knew so either and/or didn’t tell her if they did. Also, you say she’s a college graduate. Does a college graduate not know how to open a web browser, type in the name of a shitcoin, click on links, and read/watch? For any crypto shitcoin, there will be: an official website (and possibly a very good one), a Reddit forum, and YouTube videos. You get your feet wet on those, and continue delving deeper into the projects that interest you. How does someone go through 4 years of college and not know how to conduct an initial round of research into any topic, be it a shitcoin or anything else?

_RonPaulWasRight_

Hey OP - DYOR.

boring112

DYOR rresposnes are a copout and possible hide their own incompetatnices. The grtoupso exist to excahnge informaotio and leran. Why even particpate if you are not going to contribute in a postive way. I mean does that go aint the Open Source Spirit? If you are afraid of getting blamed then just don't join.

jackfirefish

DYOR isn't a lazy thing. It's saying "don't just take what I'm telling you as law, look into what I'm telling you as well for counterpoints, etc."

lizardflix

Nobody with a shred of conscious wants to be responsible for somebody losing all their money.  So yeah, DYOR.  

McBurger

I don’t care to talk with your LLM. Or your LLM generated questions. Come and use your brain and engage normally. — If you come here and ask, “*I am a noob but I want to learn about bitcoin; where is a good place to start?*” then people will link you to resources & videos. They won’t say DYOR. If you come here and ask, “*how does a sudden drop in hashrate affect difficulty adjustments?*” then people will have a discussion and explanations. They won’t say DYOR. If you come here and ask, “*is now a good time to buy $15,000 of Bitcoin?????*” Then I will say DYOR and ignore the rest.

mrmoo11

Your money your responsibility. DYOR or don’t invest. Oh and AI can answer any question and then some. So, DYOR.

financeguruIB

DYOR

Sea-Reference6800

I actually think this is the strongest counterargument so far. If someone asks "Should I buy X?" then yeah, DYOR is a fair response. My issue is when people ask genuine beginner questions like: "What should I look for in a project?" "How do I evaluate tokenomics?" "What are the biggest red flags?" and still get hit with DYOR. That's where I think communities miss an opportunity to educate.

Br4v1ng-Th3-5t0rms

Tbf, what research did she actually do before jumping on the investment??? My version of DYOR before jumping into an asset: - who's behind it (accountability) - what are their track record (trust) - where can i buy it (liquidity) - why and how does it exist (history) - when do the mass need it or not (demand) And these are only 1% of the research I'd do --- especially for any crypto project. An advance version of DYOR would be to lurk among the project's community and channels for days/weeks and get a consensus of the direction the project is moving towards, and this is probably half the legwork.

CommunityCommon1732

DYOR is good advice in theory, but for beginners it doesn't help much if nobody explains what they should actually be researching in the first place

b-roc

> And she's not dumb. She's a college graduate.  > She just didn't know what to research or how to research it. Come on man... Additionally, i t gets tiresome repeating the same things again and again to people and having them reject what you've learned and/or stubbornly refuse to accept some things which cannot be disputed.  More importantly, however, I do not want to be blamed when someone fucks up, so... DYOR remains the best piece of advice you can give someone when it comes to Bitcoin.

McBurger

\>asked a ton of questions That’s the part I doubt. Or at least, I doubt they were good questions. DYOR is a lazy response to LAZY QUESTIONS. *“Should I buy \[…\]?”* *“Is now a good time to buy \[…\]?”* *“Is \[…\] a good project?”* Like what the hell are we supposed to say to that? You hear those same questions 1000x (or the same variations on it) and like… there’s a two way street here. You’re coming into the discord server asking if you should buy in. No surprise everyone here is invested, no surprise everyone would just say yes, but not everyone wants to be responsible for your losses!! So go read \***two goddamn sentences about the project**\* and come back with a specific question, and you’ll get a good answer. DYOR means you’re trying to skip to conclusions without any understanding of getting there. Yes I suppose we could say DYOR, RTFWP if you want an extra 5 characters added on your lazy response as where to start. Start with the fucking whitepaper. If the project doesn’t have a whitepaper or website then it’s a meme shit coin and you should run.

Colekaine

I get what you mean about the laziness of people saying DYOR but these are probably people who have read 50 other posts from new investors asking questions. If people really want to offer advice instead of just scrolling or posting DYOR it's better to direct them to subreddits like bitcoin for beginners.

karmassacre

DYOR is the bitcoin equivalent of "this is not financial advice". It's just a boilerplate throwaway "I am not responsible for your decisions" statement.

ProjectStrange3331

Coming to Reddit is not research. Do your own research and then come here to discuss your analysis and conclusions based on that research. So yeah, DYOR.

stoicparallax

A lot of people in this thread are carrying water for crypto scams. Should one do their own research before investing? Yes. But when people ask basic questions in this sub, they’re often greeted with some basic guidance and links to help get them educated. You don’t see vacant “DYOR” replies here too often, and I think that’s telling.

bbatardo

In all fairness you should DYOR for anything you buy into. If you need to rely on other people explaining it to you then you probably shouldn't buy it.

Toyomansi_Chilli

I think DYOR is not actually meant to help but is meant to serve as disclaimer. Like "not a financial advise" or something.

Boomerang_comeback

It can also depend on the questions they were asking. When is a good time to buy? How much should I invest? What price is a good exit point? Is this token better than that token? Those types of questions generally can't amd won't be answered by a group. You will always get a DYOR response to that type of question. Lastly, in my experience, everything on Telegram is a scam. If telegram is a main source of info, you are going to lose money.

thecahoon

I'm sorry about your friend - everyone gets scammed once before they learn why everyone says DYOR. And you're right about it being a way of avoiding responsibility. That said, in and of itself it is a responsible message to put out on Reddit, because if you come to Reddit you should be met with a bunch of "WARNING DONT LISTEN TO PEOPLE HERE DO YOUR OWN RESEARCH" since listening to random people online is extremely dangerous, which is what really happened to your friend. Unlike surgery, you don't have to be a doctor to DYOR. The world's getting scammy AF, DYOR is becoming more important than ever. Maybe you gotta add "and if it's not bitcoin there's probably a 99% chance it goes to 0, so make sure to specifically research why that may be true" or something.

Solid-Individual-913

DO YOUR OWN RESEARCH. It's not hard. It's your money. Stop shifting responsibility. If you have any questions ask AI. Get an answer. Ask further questions. DO YOUR OWN RESEARCH. Any questions? DYOR

Every_hole

You say she has a college education, and she doesn’t know how to do research? Lame excuse imo. Whatever coin she might have interest in, can be searched on any of the LLM - AI sites like ChatGpt or Gemini. Most every top 100 or 200 coins have a website which describes what it’s about, often there are many more sites where descriptions of the good and weak points about it are available. Any new investment has people shilling it, but there also are a small percentage that actually are technical and analytical in an honest evaluation. Anyone on YouTube or X that claims to know how much and investment will skyrocket by next week or month or year is just full of 💩. However, there are just a very few of the hundreds of influences that actually have honest analysis and insight based on real data and facts that may be worth listening too and then confirming herself. It’s her job to do her own research by reviewing it all and then take responsibility for investing or not. She should never invest more than she can afford to lose, and if she does that her own fault. Markets move on all sorts of news, some of which can not be anticipated. DYOR is important, unfortunately most people don’t.

Sea-Reference6800

Ha fair shot, honestly. No, I did try to help after the fact but by then the damage was already done. Which is kind of the whole pointthe help came too late because the default in every community she joined was a wall of DYOR. That's what I'm trying to change.

Sea-Reference6800

Bro just walked into a post about how "DYOR" is useless and typed "DYOR." The irony is so thick I could stake it on-chain. You literally became the example while trying to make a point. Respect the commitment though.

WreckYoCrew

So, you didn't point her in the right direction? Or did you tell her to "DYOR"? 😆

suesing

It means it’s not their responsibility to convince you. Nor is it possible to convince someone who isn’t open to it. So if you’re not convinced. DYOR

Solid-Individual-913

DYOR Ask AI

TheresNoSecondBest

>got into crypto >Discords and Telegram groups >losing a significant chunk of money on a project And this short story kids, is why we're not touching shitcoins but sticking to the **Bitcoin ONLY, DCA and HODL** strategy. It just works. No time wasted on Discort/Telegram scammers, no shitcoin scammers talking about this new "project", no DYOR duckers.

userxtrustno1

Unpopular opinion. DYOR.