According to Crypto Rover (@rovercrc), traders should always conduct their own research and not rely solely on third-party advice, highlighting the necessity for independent due diligence in cryptocurrency trading (source: Twitter, June 7, 2025). This emphasis on personal research aims to help traders better navigate volatile crypto markets, minimize risk, and make informed decisions based on verifiable information rather than speculation or unverified tips.

According to AltcoinGordon, buying meme coins without any research can expose traders to high volatility and unpredictable losses, as illustrated by his recent social media post highlighting the importance of due diligence before entering meme coin markets (source: @AltcoinGordon, Twitter, May 16, 2025). For crypto traders, a lack of research significantly increases the risk of investing in projects with low liquidity, poor fundamentals, or potential scams, which can lead to rapid capital losses and missed opportunities in trending sectors such as meme coins. Performing thorough analysis and tracking social sentiment are essential strategies for navigating meme coin trading and protecting investment capital.