According to Crypto Rover (@rovercrc), traders should prioritize conducting their own research before making any cryptocurrency investment decisions, as he states he is not a financial advisor (source: Twitter, May 12, 2025). This approach is essential for minimizing trading risks and making informed decisions in the highly volatile crypto markets. Traders are encouraged to verify information independently to optimize entry and exit points, ensuring greater control over portfolio performance and reducing susceptibility to market rumors or unverified signals.

According to MilkRoadDaily, traders looking to perform due diligence (DYOR) in cryptocurrency markets can streamline their research by focusing on three key resources: CoinMarketCap for live price tracking and on-chain data, the project's official whitepaper for understanding tokenomics and utility, and reputable crypto news aggregators like The Block or Decrypt for real-time updates and sentiment analysis (source: @MilkRoadDaily on Twitter). These platforms offer actionable trading information, enabling investors to make informed decisions quickly without sacrificing research quality.