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Author Topic: Do you trust ICO Rating sites?  (Read 9104 times)
zeingrind777
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October 07, 2018, 08:46:01 PM
 #1401

I put 75% trust in the ICO rating site, because of all ICO projects only 25% of what I follow / invest is a scam or no investor. Crypto world is a world without certainty so don't believe 100% with ICO at least leave a little mistrust...
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October 07, 2018, 10:35:00 PM
 #1402

Most ICO listing sites, used to be well trusted in so months or years back, but presently, it seems so many things have changed. They all come up with different ratings based on the amount they are paid.
jvper
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October 07, 2018, 10:38:47 PM
 #1403

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?

This is the main problem of an unregulated market. Some players abuse their position. In some sense, it could be perceived as the reason why institutions arose such as the SEC.
btcjoin14
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October 07, 2018, 10:47:41 PM
 #1404

No, I never trusted these sites. Most likely, they provide untruthful information in order to promote the project that is beneficial for them to promote.
I have not visited those websites this month because they give no readings with that I can invest with. I don't like fake ICO rating websites.
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October 07, 2018, 10:58:42 PM
 #1405

You can never fully rely on someone else's opinion, especially a stranger to you whose analyst can be bought. Only proven and honest analysts are credible to everything else you need to be treated with suspicion and recheck by yourself.
Woah, who would trust anyones opinion on the Internet? That would not make any sense if he was trading coins also. Correct, it's smarter to not invest based on rating websites.

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October 07, 2018, 11:00:57 PM
 #1406

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?

Honestly,  I didn't trust it at all because in my opinion most of them are affiliated by the ico their promoting so they need to hype their coin so they need to mark some good ratings and comment about it. 

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October 07, 2018, 11:18:20 PM
 #1407

Some rating sites, such as icodrops, share very useful information, this is probably the only rating site whose opinion I trust. The site has a strong team of analysts and open statistics on projects. You yourself can go in and see how accurate the site predictions were.

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October 07, 2018, 11:19:51 PM
 #1408

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?

It is not a factor at all I think these ICO rating are just like hyiop monitor where you will get good rating if the price is right, why not do our research if they know how to look for a good ICO so can we I do not even look how they rate these Ico in their list because some of them are paid and you have proven that.

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Mysteryla
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October 07, 2018, 11:56:59 PM
Last edit: October 08, 2018, 12:12:26 AM by Mysteryla
 #1409

We do not need to wait on ico listing sites before making our decisions. The best decision you can ever make, is the decision you make by yourself and tat you are personally sure of.
Well, some ico listing sites are still very much sincerely with their listings, but how many of them do we know? The only way we can be sure of their evaluations is by doing our own research too.
So, if this is the case, why don't we just decide to do it once and for all in order to be on a safer side?
yinoye
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October 08, 2018, 12:17:05 AM
 #1410

I don't blindly follow ico rating websites because I see high or low ratings on any projects. Many times, I have seen cases where highly ranked icos eventually disappoint you and even through low rated ones thrive to be successful. Info from there sites should be used as an aiding tool in your own evaluation.
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October 08, 2018, 12:20:30 AM
 #1411

You cannot blindly trust any one ICO rating site but using multiple ones can be helpful to filter the really bad ICOs. Then, high rated ICOs can be checked manually.
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October 08, 2018, 12:24:31 AM
 #1412

For me ICO sites are defining factors to help me search good projects to invest in and to also avoid scam ICO. Although you should also consider the ICO sites before trusting it. Only trust credible ICO sites for ratings and don't just blindly fall for some fakes as well. ICO sites are big help for me but in the end it is still up to youto make the decision.
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October 08, 2018, 07:27:09 AM
 #1413

When you invest, ICO ratings are just a reference, it is not a decisive factor. You need to read the technical document of the project and deeply assess the integrity of the team, and then decide whether to invest in ISO or not.

Never trust such sites. All articles are bribed. Maximum that you can get from such sites is the course of altcoins or some statistics. Everything else you most do yourself. It is very easy to get caught on a fake article and invest money in the wrong place.   
kincit88
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October 08, 2018, 07:41:24 AM
 #1414

No, i don't trust any ratings site because that ico can pay them for good rating i think. I just trust my own opinion, after i read all of about the ico then i can decide i want to go invest or not and sometimes i ask my brother to give their own opinion because he's smarter than me.
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October 08, 2018, 07:47:41 AM
 #1415

It depends on the site, I trust the scores of www.icoguide.com they are not paid and are trustworthy.
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October 08, 2018, 07:51:47 AM
 #1416

I don't entirely believe about the ranking of ICO. Actually ranked ICO gives us benefits because it will have no trouble to find the project. However, in determining the project you need to be careful and do some research. And I recommend you to see who has the best ratings.

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October 08, 2018, 07:58:41 AM
 #1417

Some rating sites, such as icodrops, share very useful information, this is probably the only rating site whose opinion I trust. The site has a strong team of analysts and open statistics on projects. You yourself can go in and see how accurate the site predictions were.
I should agree with icodrops because that used the community to determine how ico that will have listed on the icodrop site and that's why so many people already joined in the telegram chat of icodrop itself.
I should not agree with the rest after icodrop  (included icobench, and any other ico rating site)

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October 08, 2018, 08:16:30 AM
 #1418

It depends on the site, I trust the scores of www.icoguide.com they are not paid and are trustworthy.

Really trustworthy platform, I look at their scores also. But is should be mentioned that the rating platforms should not be the only criteria for selecting of the project and investing, you should look closer at each project compare and make decision based on your own research,.
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October 08, 2018, 08:23:47 AM
 #1419

Looking at ico's rating sometimes makes people fooled, it's good for this rating but if this rating is honest and precise it won't be a problem.
Only occasionally ratings also use ICO to get tokens, then provide more promising information but cannot account for the results of ICO.
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October 08, 2018, 08:30:20 AM
 #1420

I don't believe in ICO Rating sites, they charge fees and make false evaluations. This is very common. It is more up to you to choose a good project. ICO Rating sites can only be used as a reference. It can't decide on your investment.
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