What are the terms "DYOR" and "NFA" in cryptocurrency investment?
2
"DYOR" stands for "Do Your Own Research". It's a commonly used acronym in the cryptocurrency community and refers to the idea that investors should independently research and educate themselves before making any investment decisions.
"NFA" stands for "Not a Financial Advisor". This disclaimer is often used by individuals or organizations that provide information or opinions about cryptocurrencies but do not offer professional financial advice. It's a reminder that the information provided is for educational purposes only and should not be taken as investment advice.
Create Your Free Wealthy Affiliate Account Today!
4-Steps to Success Class
One Profit Ready Website
Market Research & Analysis Tools
Millionaire Mentorship
Core “Business Start Up” Training
Recent Comments
2
Create Your Free Wealthy Affiliate Account Today!
4-Steps to Success Class
One Profit Ready Website
Market Research & Analysis Tools
Millionaire Mentorship
Core “Business Start Up” Training
'investors should independently research and educate themselves before making any investment decisions'.
You sure should. I would say about 2 years to get up to a standard where you can start trading with any success.
Paul
Absolutely. It's a never-ending learning journey, and I'm learning new things every day. It's amazing to see the brain that created it, especially when diving deep into coins and tokenomics. And yeah, two years is about right to get comfortable with cryptos.