There's kinda of a misunderstanding that a high rate means high profit in crypto ratings.
As the cryptocurrency market is still immature compared to mainstream finance, historical rating providers in Wall Stree and all DO give ratings on investment vehicles:
- high rate = more money
- low rate = low money
In crypto, every single rating providers assess either:
- transparency, do they have a telegram group a media mention blabla
- community interest, is there basically an army of shillers or bounty hunters or some other biased people talking about the crypto
- how much money the altcoin/crypto/ICO gave to the rating agency. The higher the paycheck the higher the rate
We are trying to do things a bit differently. Here's our
view on ratings.
Do you trust these ratings when you make a financial decision? Or is do you think it's just faf and bollocks?
I know DYOR and Caveat Emptor is the golden rule, but at some point people need third opinion amirite?
