Do you trust ICO Rating sites?

[gundala]

I am not interested in the ICO review website. I think they only make a review like that just for money. That is just public deception. I believe in the hype of people. The more who are interested, the more will invest. I also believe in investing too

Yes, most of them are paid to advertise their projects. Based on my experience, the assessment was quite subjective and sometimes inaccurate, there were projects that proved to be scams but previously had very good ratings on the website, but after the report, the rating finally changed and dropped dramatically.

[tk808]

Ratings can never be objective sources of information, due to the amount of individuals being influenced by money. I personally would never trust other people to make a decision for me when investing into something, because when you lose that control, then you'll be losing a lot of money in crypto.

ICO sites in general can be good for basic background information (as with just about anything), but never base your investment on a handful of individuals or websites that are there to potentially make money from said ICO's (there are always bad apples).

It's a conflict of interest to rate or list coins and make a profit by rating and listing those coins. Ultimately, their interests are not aligned with yours.

[johnnywoo2015]

I am not interested in the ICO review website. I think they only make a review like that just for money. That is just public deception. I believe in the hype of people. The more who are interested, the more will invest. I also believe in investing too

Yes, most of them are paid to advertise their projects. Based on my experience, the assessment was quite subjective and sometimes inaccurate, there were projects that proved to be scams but previously had very good ratings on the website, but after the report, the rating finally changed and dropped dramatically.

The ICO ratings are not honest, not good and not reliable. Their analyses are not deep, but very shallow. I am usually check it and read, but never trust and always form my own opinion.

[dobladi]

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 do trust some sites regarding with the ratings of the cryptos simply because I do think that rating is proportional with the market demand of a particular coin in the market. Ofcourse, one that is popular is having a high rate. Also, high demand in the market means price increase. Price increase on the other hand boosts the profit to be earned. So by means of practicality and since there are no assured basis to be considered, I think rating would be a good one to rely assumptions with.

[pukul rata]

for now I don't trust ico's rating, because I often have a successful ico and a scam that has a mutually inverse rating, I mean there are some ico scams who have good value, and successful ico even has a less good rating , so it can be concluded that ico which seems good and has a good rating is not necessarily good to join, so be careful if you want to participate in an ico.

[surtiml]

No, no and no. I don't perceive any reason that I ought to trust ICO rating destinations while everybody definitely realize that ICO ventures pay for these sites to advance for their task. LOL. Indeed, even a junk ICO likewise can pay cash for ICO rating destinations to get high rate to pull in financial specialists to put resources into their venture Smiley.

[trudovik]

If all the same decision was made not by people and not advisors then one might start to believe in AI, because it can really tell the truth. But now the system of assessing people still works.

[Endorphinity]

No, I do not trust such sites. Most likely the information that exists on these sites is untrue. We should be cautious about such sites.

[Desscount]

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?

that's why you have to learn it then try to find out about the quality of an ico that has a rating. this is a must when you want to try investing. if not, you will never know about the product, technology and white paper.

[cbIpok]

How can we trust rating websites that sell ratings with money? 2 pointed icos sometimes can make hardcap, but even 5 pointed can not even make softcap.

[Jazvebtc18]

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?

That’s is only one of many factors to be considered in looking at good ICO project. It should be all factors to considered before joining ICO. Look at the website,  telegram, roadmap and white paper if the platforms are clearly stated. If one factor is not consider then that ICO is not good.

[CoinCollect]

In many cases, the ICO rating is approximately the same, and really good projects can be as with a very small rating, but if the project has managed to create a hype, then the rating will be high.

[Inuldarahrendah]

actually, ico rating will help the investors and bounty hunters to choose the good ico because by following a good ico, we will avoid the scam ico. we know that the scam ico is very disappointing, therefore we must be more careful in choosing ico in order that we can avoid the scam ico.

[Freezingel]

I don't trust them because they have their own opinion about the project and that may be different with mine, i only use them to see what ico that's hot right now, or the list of upcoming ico as they usually have information about them. I think sometimes you can lay money to get gold grade or something like that.

[Cryptoryna]

I don't trust them. I think those sites are corrupted. It is better to create your own spreadsheet and to evaluate projects according to your own opinion. At least this way you can learn to be independent enough to make your own decisions.   

[senopratama]

Choose ICO is not an easy matter. a lot of things that need to be considered for these things and not just seen in the site rating which gives judgment. It's also not too objective to follow and even far from the word appropriate expectations. better do a self-assessment based on the analysis and research of the on site assessment relied on the rating.

[zeger]

in this market condition we cant expect more profit from any coins,,yeh we can get some good idea about icos by icos site ratings ,but we should do our  own research before we invest .. medium rating icos also give 10X 20x profits  so don't try only high ratings ones  

[Anchor867]

Yes i do trust them because theyre the most profissionnal when it comes to  ICO but still you need to do your own research just to make it sure and of  the ICO is really suited for you and also to avoid being scam as well

[CryptoTech_]

nowadays there are many ICO rating sites but only a few can be trusted, I know there are two sites that always review good projects icodrops.com and icocrunch.io both sites always review good projects, I have already proven the project they reviewed mostly always successful

[kambaralikhan]

I don't fully trust on ICO rating sites. I only keep myself update about the ongoing and upcoming ICOs and for that I visit ICO rating sites. I pick the ICOs from the sites and evaluate myself is this ICO is worth to invest in ? I read the whitepaper of the project and undertake deep assessment of team integrity then I invest in ICO.