Do Your Own Research (DYOR)
By CoinGecko | Updated on Mar 03, 2020
A non-crypto slang that is often used in the crypto community when investors were frequently getting scammed by illegitimate ICO projects. DYOR was used to remind investors that they are responsible for their own investment decisions.
Related Terms
Mnemonic Phrase
A mnemonic phrase (also known as mnemonic seed, or seed phrase) is a list of words used in sequence to access or restore your cryptocurrency assets.
Open Source
Open-source software is a type of software released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose.
Degen
Cryptotrading without Due Diligence and research - basically gambling
Faucet
A faucet usually represents a site or app where a user can navigate to for small rewards repeated over time.
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