# Know Thyself

Again, other than evaluating a project based on the aforementioned categories, perhaps more important is knowing your own preferences, risk tolerance, and developing your own strategy.

*What projects are you most interested in?*

In addition to just being more fun in general, investing in NFT projects that you are actually interested in (and not just buying because it looks hyped) helps you to be more likely to make the effort to check in on the project regularly and keep tabs on its progress.&#x20;

*Which concepts are you familiar/unfamiliar with?*&#x20;

“Never invest in a business you cannot understand.” – Warren Buffett

The riskiest projects are not just those that have high risks of rugging or failure, but also those that you have difficulty understanding (and hence evaluating) the risks of.&#x20;

*What is your risk tolerance?*

Investing in a project comfortably within your risk tolerance significantly reduces stress as well as the likelihood of making poor decisions.

*Do you have an overall strategy?*

Investing in NFTs without an overall strategy is a dangerous endeavor.

Knowing what your preferences and risk tolerance are would help you greatly in formulating a strategy that suits you and your situation, and would bolster your chances of long-term success.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://nfts-101.kyzzen.io/evaluating-nft-projects/know-thyself.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
