The crypto market looks all calm now, everyone is feeling a little bit relaxed because the bear market has slowed down because it doesn’t look like it’s gone completely and during the bear market, some coins or projects projected that they can be valuable and which can be tempted for either new or old investors to try out and this is where fundamental analysis comes in.
One is certain for sure and that’s what the bear market taught us, and that’s crypto as a whole is going nowhere, and it proved the critics wrong on whatever they must have said during the stage that looked as if it was going to be the end of crypto (Bitcoin). Nothing last forever and that’s why I believe the bear market won’t be here for long.
Like I said earlier, the bear market projected some coins that might have potential in the long run and might look attractive to some investors but before you dive into any coin for investment, you must do what they DYOR which means do your own research, and its commonly used in the crypto world and the most advisable word used to anyone that wants to go into any crypto investment.
DYOR is usually advisable so as not to put anyone to blame when you eventually invest in coins that become bad and DYOR is something you don’t rush but what you do patiently with a lot of time, commitment and practice. As we all know, fundamental analysis is what helps investors to determine which coin might be good and determine its value and potential especially when it’s in its early stage.
So DYOR is very important to know what you are going into and not just word of mouth or what social media peeps are saying because we are talking about either long time investment or short time but whichever it may be it involves you risking your funds
