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Author Topic: Do you trust ICO Rating sites?  (Read 9104 times)
PilosopongTacio
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October 02, 2018, 11:03:19 AM
 #1321

They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.

With all that said, should it still be a factor to look at when investing in ICO?

Well, that depends on the coin they listed as their top ICO.
I also believe these so called websites that usually rates the current top ICO's in the market. However, it supposed to be a guidelines for checking the legitimacy, sincerity and road map of an ICO and whether it was the real deal or not.

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October 02, 2018, 03:44:06 PM
 #1322

They're crooks. They are ready to write any rating of your company, just pay a sufficient amount of money. Verify. It's simple.

It's hard to trust websites that take money for the project's rating. Then the possibility of rating manipulation appears. Therefore, we can not 100% believe in their evaluation of projects.

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October 02, 2018, 03:47:19 PM
 #1323

Yes, I believe, sometimes they judge based on the whitepaper and their performance in the next few years. what made it broken was when the team did not follow the arrangement of the plans they made, and began to disrupt the system they made. I think many ICOs are like that.

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October 02, 2018, 03:54:39 PM
 #1324

Since I learned that some ICO rating platforms have implemented the paid to promote rule, I am not interested in the website anymore
ICO assessment must be objective without money as a differentiating factor

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October 02, 2018, 03:59:23 PM
 #1325

Most of the ICO review sites are unbiased. But at the same time, many of the ICOs don't reveal much information about themselves, and this makes it really hard for the review sites to dish out reliable advisories.
It is not the ICO review sites that is biased because they are just rating what is the external factor of the particular ICO. Some or most of the ICO are faking their descriptions, papers and even the Team members just to make money out of the hopeful investors in the market. But then again do not really rely on the ICO review as i have it is just the rating of external ICO factors not really the performance.

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October 02, 2018, 04:03:28 PM
 #1326

I do not trust, only sometimes the rating may coincide  Smiley
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October 02, 2018, 04:05:10 PM
 #1327

ICO Rating cannot be a reference in investing, currently only a few really good ICO projects so you have to be careful in choosing before investing. Don't look at the ICO rating but look for more detailed information about the project you are investing

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October 02, 2018, 04:05:46 PM
 #1328

I just don't trust them, because this raitings makes by people, and people are cottupt. It's better to rely on yourself.

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October 02, 2018, 04:09:03 PM
 #1329

I used to believe them, but recently I realized few were paid ones because they flopped completely and couldn't even reach their project soft cap. But mostly the ratings are genuine, good and helpful somewhat. But don't trust them blindly, as I personally believe blindly following tips, advice in this industry/market will make you fall into trouble.

I agree that any rating can be paid. It all depends on the price and whether this or that agency/website is ready to lose its reputation giving high marks to the frank scam project.

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October 02, 2018, 04:15:44 PM
 #1330

Yes, before I invest in ICO, I usually check the rating websites. What rating does the ICO has. How many experts rated them. If you do not trust in any particular source. You can check two or three of them.
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October 02, 2018, 04:16:54 PM
 #1331

I just already have a many ICOs, which made a good money for me. The most part of them I find on raiting sites. All what do you need, be attentive.

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October 02, 2018, 08:49:36 PM
 #1332

I think it is still a factor, it just may not be the most important. There are many things, we have to look at an ICO, and are fool if only invest based on the ratings on some website.

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October 02, 2018, 09:04:02 PM
 #1333

I really don't trust those ICO rating websites because most of them get paid In order to give good rating. The good rating on those websites has made a lot of investors to invest in scam ICOs because they believe the so-called ICO rating websites.

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October 02, 2018, 09:07:50 PM
 #1334

They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.

With all that said, should it still be a factor to look at when investing in ICO?

Of course I don't totally trust those ICO rating sites. As far as I know there are many if not mostly ICO rating sites got paid paid by some projects so that they will have a good rating in their list. We should only trust our own judgement on on how we are going to analyze each and every ICO we feel like joining.

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October 02, 2018, 09:13:50 PM
 #1335

I think rating ICO is not good factor to identify the good one.
It is easy to promote and create a fake one.
I agree, determining an ICO by the ratings is just one factor to consider when looking or investing in a ICO, Just like what he said its easy to promote and make a fake ICO. So if you planning on investing in a ICO its better to do research not just base it on the ratings.
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October 02, 2018, 09:15:18 PM
 #1336

Me im not really trust ico rating website. Because there are possible that people will pay them to promote there ico with high rating
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October 02, 2018, 09:20:08 PM
 #1337

ICO ratings website are not charity, they run a service  that is beneficial to ICO investors community and most of the ratings are based on genuine data and statistics. The fact that they get paid for their services should not be a problem!
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October 02, 2018, 09:53:39 PM
 #1338

We need to look at the full picture of an ICO, we know that ratings, influencers, advisers, they all can be bought, that is why ICO investment is not so easy, and have risks.

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October 02, 2018, 10:59:59 PM
 #1339

They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.

With all that said, should it still be a factor to look at when investing in ICO?

I am not trust any ico rating websites because i know 95 percentage of these websites working for money. and you can not be trust these websites for investing money. Please dont do that.
Everybody need to investigate icos before investing.

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October 02, 2018, 11:05:25 PM
 #1340

To be honest I do not trust ICO's at all because of so many scams that's been circulating all over the place. The start the project with all pomp and show and then the next thing we hear is that they just collected money from investors and the project closed. So honestly I keep myself away from ICO's. There might be certain sites which write a good review but then there are many who would take the money and give 5 start rating. For them, nothing matters for they get their money to write an article and since ICO's come with a risk clause, the rating companies can easily get away with an excuse if they have to.

Son if you are planning to invest in ICO, think twice.
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