If your instructor has provided a list of topics, she has likely already considered appropriate scope. Instead, limiting the scope of your research to “juvenile imprisonment,” “post-prison reintegration into society,” or “prison conditions at Rikers Island in NY” will lead to a more focused project. You can trackback to my post a few days ago to see how market data can help you determine if a project dyor meaning is worth investing in or not. The market capitalization can help you determine if a cryptocurrency is a large-cap, mid-cap or low-cap project. Based on volatility, large-cap assets are less volatile than mid-cap and low-cap cryptocurrencies. I also look out for red flags such as unusual promises of high ROI and vague definitions of how the crypto project will solve issues in the crypto market.

  • The first step is to gather information and filter out the important ones.
  • AFP via Getty Images“Research both sides and make up your own mind.” It’s simple, straightforward, common sense advice.
  • The evolution of decentralized finance and blockchain tech has made it easy for creators to sell the promise of a revolutionary product and attract cash from the general public.
  • If lucky, he might have truly struck gold but as we said, that is sadly a rare occurrence in the sometimes predatory world of investments.

So when making investment decisions, invest with your net income as all forms of investment are risky. Different social media accounts and/or influencers can be paid to advertise a particular cryptocurrency with the hope of positively affecting the price to attract investors. Many auditors, such as Certik, Hacken and Quantstamp review the code of blockchain projects before launch to ensure their security. These audits involve double-checking the code and testing it for vulnerabilities, which results in the funds within the application being much safer than a non-audited smart contract. Looking up the audit report of projects before investing is a sure way to build confidence in a project. However, people should be aware that a positive report does not mean that the project is completely safe, as there are instances where malicious code was added after the report was released.

On one side of each index card, write down all the information you would put into your bibliography or Works Cited for the source. On the other side, write down information about the source that will be useful in your paper. If only the internet hadn’t scared us silly already with conspiracy theories and caused so many to doubt science.

Can the Bella Protocol (BEL) make money from Crypto Banking?

If you’ve resolved to make this the year that you diversify your investments into the digital realm, here’s what you need to know about how to buy cryptocurrency. Use an online family history platform to search the billions of records covering countries and people across the globe. It’s always best to start off broad by searching for a name and year of birth, then narrow down from there. The solution increases the way investors can earn in the decentralized finance industry. You don’t have to do anything other than hold the token.

How to Do Your Own Research

For project research, it is crucial to gradually develop your own framework through study and practice. Generally speaking, a project can be judged from at least the following perspectives. Bitconnect is one of the most famous high-yield Ponzi schemes in crypto history, causing losses of up to $3.45 billion in total. In November 2017, Vitalik, the founder of Ethereum, had already accused Bitconnect of being a scam.


Dive Into Decentralized Finance Ben Antes‘ column which dives into various DeFi topics & strategies.Monday Market Recap Greg Gotsis’ technical market report revolving around Crypto and DeFi. When you want to DYOR, Gate Learn is the best choice for you to get adequate information about blockchain and project background. Everyone should do their own adequate research before investing.

How to Do Your Own Research

There is a myriad of shit and dog coins, but the true standouts can be hard to find. Beware of speculation around what a project can o as fear, uncertainty, and doubt can be pervasive. There is no standard release for any project, but several key metrics are important to note and keep in mind. Familiarity with terms and various tools is a solid first step. Users should be comfortable understanding how a crypto wallet works, be versed in public and private keys protection and familiarize themselves with the interaction between different blockchains. Not all chains are equal, and understanding how to bridge between them is crucial.

What Is Fundamental Analysis?

For example, if you’re researching in the political science field, you might be interested in determining what leads people to believe that the 2020 US presidential election was illegitimate. When I’m trying to determine if a source is reliable, I use several sources – not one – because like science, conclusions should be replicable. My three “go to” sites are Ad Fontes , All Sides, and Media Bias/Fact Check.

CoinGecko released two books in 2020 on ‘How to DeFi.’ This could be an excellent first read for anyone curious to read before going into crypto head first. There have already been several token metrics and https://xcritical.com/ project details to review. However, there still remain some final reminders to check out. Small market caps can be vulnerable to pump and dumps, and large caps can be harder to get those moonshot gains.

The Census Bureau, chambers of commerce, the department of commerce and professional/trade publications are all good sources of secondary data. If you have difficulty finding a specific type of data, reach out to your local Small Business Center or Small Business Technology Development Center. They’re great sources of free assistance to business owners and startups who are funded through state community college systems. Secondary sources are data sets, reports and analysis that come from already assimilated research information. This may involve online archives, articles, industry reports, studies and other sources.

Social media

We can choose to ignore it, but if we do, the consequences will only increase in severity. Terra is a blockchain protocol that attempts to use fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship resistance of Bitcoin and offers fast and affordable settlements. The original native token — LUNA has also been renamed to LUNA Classic . Moreover, all network stablecoins have been renamed to Terra Classic stablecoins .

The first step is to settle on a few cryptocurrencies of choice. This comes first because different exchanges support different coins, and you don’t want to register an account with an exchange only to learn that it doesn’t list the coins you want to own. All the top exchanges list the brand-name heavyweights, like bitcoin, ethereum, tether and BNB. But there are more than 20,000 cryptocurrencies in the world, and most exchanges support just a few dozen or a few hundred. If you’re unsure how to write a thesis, the best advice I can give is not to leave the writing stage until last.

Analyzing: Teams

Bureau of the Census and a Fellow at the Center for Advanced Study in the Behavioral Sciences. He has published 3 books and over 70 articles and book chapters on demography, economic development, poverty and unemployment. He is also currently serving on the National Institute of Child Health and Development’s Population Science Subcommittee. He holds a Ph.D. in Sociology from the University of Wisconsin—Madison. Start making a rough outline of your paper while you’re researching.

How to Do Your Own Research

Many traditional strategies from traditional investing can be adequately applied to crypto but must be implemented with a more critical eye in the less secure space. It is important to relate all the above information to how many token holders are for the coin. A small-cap coin with only a few holders will be vulnerable to even more volatility; the percentage weight of an individual holder is critical as well. Common sites to begin checking token stats are CoinMarketCap, CoinGecko, DappRadar, and many other sites. These sites will all have all sorts of metrics and stats. Most will have the same key information available for review.

Crypto Investing Guide: Fundamental Analysis

And yet, there are major cities in the world, like Portland, OR or Calgary, Alberta, where the public or city council, respectively, has voted to not add fluoride to their drinking water. The idea that “our water is natural” and “adding fluoride isn’t” has proven more powerful in swaying public opinion in these locations than the science supporting fluoride’s safety and effectiveness. To the voting public, a fear of chemicals and an affinity for what feels natural was more compelling than the dental health of poor children, despite near-universal support from dental health professionals. Using Binance Mirror, institutional investors will be able to access trading and investment products from Binance without having to put assets on the exchange, according to the January 16 announcement. The assets will be locked in cold wallet storage as long as customers keep their position open on Binance. Another factor to consider is whether the token will be supported on a hardware wallet.

This article was co-authored by Matthew Snipp, PhD. C. Matthew Snipp is the Burnet C. For example, researchers these days will reach out to the big the big social media companies, like Facebook and Twitter. They collect a ton of information and data on their users. It’s not a nefarious thing, it’s just a normal part of running a tech company, but that data can be extremely useful for research purposes.

For larger projects, people have been really struggling with survey response rates the last 20 years or so. People just seem to be less likely to turn in surveys than they used to be; and it’s an issue that researchers are definitely trying to solve. With that said, if you can collect a meaningful number of data points, it’s definitely not a bad way to go about collecting info. Also known as a “works cited” page, a reference page is essentially a list of the sources you used for research.

This is usually done by reviewing business practices, whitepapers, roadmaps, development, marketing strategies, teams, tokenomics, network activity, etc. Identifying which projects are ripe for investing accounts for a significant portion of DYOR. After all, arguing which block size is better can get you only so far. The real purpose of participating in the cryptocurrency market is to invest in assets, and not to discuss them.

How to DYOR

You can also compare two or more search terms on the same chart. Investopedia.com is a leading financial sector online resource. It acts as a repository of knowledge, definitions, and news for all varieties of finance — traditional stocks, derivatives, forex, and cryptocurrencies.