4.67
(3 Ratings)

Protect Yourself – The importance of DYOR

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About Course

To many, DYOR is common practice. But fear not if you are new to the game and keen to back some promising looking projects on the XRPL. This course will walk you through a 10 point checklist, ensuring you are covering all the bases before putting your money where your mouth is. Otherwise you are only ever putting your money where their mouth is, and most likely straight into their pocket, not yours.

What Will You Learn?

  • Evaluate XRPL projects effectively
  • Conduct thorough social media research
  • Analyze whitepapers for key information
  • Assess online presence and legitimacy
  • Identify and avoid common investment pitfalls

Course Content

Lesson 1: Introduction

  • First Things First
  • Introduction DYOR

Lesson 2: Twitter – Portal into Crypto
This is the first port of call for any project launching and looking to grow it's community.

Lesson 3: Secondary Socials – Diving Deeper
Secondary Socials

Lesson 4: Whitepaper – Diving Deeper
A whitepaper is a very important document for any project that is launching.

Lesson 5 – Website – Online Presence
Anyone can build a website, but registering a domain name for projects that intend to rug exposes them to the possibility of being tracked down.

Lesson 6 – Doxxing – A face to a name
Doxxing is where the team behind a project publicly present themselves.

Lesson 7: Lives/AMA’s – Real People
There are some project teams members or individuals that like to work in the shadows within a project.

Lesson 8: Blackholing – Limiting Inflation
Before investing in a project

Lesson 9: Who’s Holding What – Power In Numbers
Before investing in a project you should always check how the circulating supply of tokens is held and by whom.

Lesson 10: Don’t “Buy Big Green Candles” – As The Saying Goes
You join their social media platforms only to see people going crazy with excitement

Lesson 11: Buy the F E A R – timing your entry

Student Ratings & Reviews

4.7
Total 3 Ratings
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MK
michel koomans
1 month ago
very nice good for a beginner
H
handy_4ndy
2 months ago
DYOR is a very important subject, with everything on a high its more important than ever to go over the basics and double check your not missing anything!!
Steve Z
Steve Z
4 months ago
Good