Do you believe in crypto ratings?

[arditiyan]

oh no, I just believed how the project worked in the first 3 months since the crypto coin was released. because it is real proof crypto coins seem to provide potential or not

[Princeofpoetry]

Nice to see so many people have the same thought about crypto ratings. Crypto rating agencies clearly did something very wrong to get a universal distrust from every crypto user. Maybe if they stop being bias and honest about their rating, there wouldn't so much distrust for them as right now.

Almost everyone doesn't trust ratings because it can be manipulated. I think the rating is only for additional information to find out about these projects such as CMC and Coingecko.

[Diamond_Darrell]

Nice to see so many people have the same thought about crypto ratings. Crypto rating agencies clearly did something very wrong to get a universal distrust from every crypto user. Maybe if they stop being bias and honest about their rating, there wouldn't so much distrust for them as right now.

Almost everyone doesn't trust ratings because it can be manipulated. I think the rating is only for additional information to find out about these projects such as CMC and Coingecko.

That's right, that's what I wanted to say. It is also necessary to clarify which parameter is taken into account when creating a rating

[restuibu]

crypto rankings were very popular in the past and back then when a project had the top ranking 99% would experience success when running an ICO/token sale. because many people didn't know that it could be manipulated with money. everyone is getting smarter to do research, who only believe current crypto rankings only new people

[GWS My Boy]

many investors who believe about crypto ranking including myself because from the rating we can judge how much interest in coin it is and we can find out which exchangers for coin it usually the coin with the highest rating is a coin that is guaranteed and suitable for future investment

[tracyhayley]

Hello,

I see big differences between these two big rating agencies CCID (The China Center for Information Industry Development) and WeissRating. According to CCID is Bitcoin one of the worst cryptocurrencies. In WeissRating Bitcoin has achieved the best mark. Also, EOS in WeissRating has a pretty different rating. How can they get so different results?

it's just a rating. it's similar with the ICO rating. if the rating is high, it doesn't mean that is a coins. it's don't affect anything with their price. also this kind of rating can be used to make a false news. so, for me crypto rating is doesn't too important.

[Princeofpoetry]

No, I only use crypto rating to see the position. but the rest I still do my own analysis and to make sure whether the crypto rating matches my analysis or not

I also did the same thing by looking at the position in the rating to deepen the analysis, because there is some data that we can find on the project.

[Apostlekin$$$]

Find the reason behind the rating, this must be your first aim because most are rated for different reasons

Coinmarketcap use highest marketcap for ranking and also coingecko too but others can do their rating for likes or interest they have on the projects

[lepbagong]

Find the reason behind the rating, this must be your first aim because most are rated for different reasons

Coinmarketcap use highest marketcap for ranking and also coingecko too but others can do their rating for likes or interest they have on the projects

There are no more references that we have to use other than what is already available, but we may not trust and be able to analyze for ourselves if you do have data, but collecting data is not as easy as we imagine. As long as there is still CMC and Coingecko, we will use it according to our needs, which we can indeed trust because everyone can also play to improve rankings. but will it not tarnish an already well-made reputation?

[ttcsalam]

I don't think the site is trustworthy.Works for any site rating.It acts as a fake.However, there are some trusted sites.That can be believed.For that, I must believe in some sites and consider the rating.

[Lantind]

No, I only use crypto rating to see the position. but the rest I still do my own analysis and to make sure whether the crypto rating matches my analysis or not

I also did the same thing by looking at the position in the rating to deepen the analysis, because there is some data that we can find on the project.

Yes, just to see in order to make sure the data is correct I don't think it is a problem and it is only natural that everyone should do it, because basically using the crypto ranking is just an additional reference.

[GREENch]

it's relative, i just trusting coinmarketcap for any cryptocurrency data, because this is one trusted site for rating and analyze any data cryptocurrency with real-time monitoring

So the fact that coinmarketcap was recently acquired by Binance doesn't bother you? And the fact that now its ratings can be affiliated!? I would, for greater confidence, use information from several resources in your place!

[taufik0911]

it's relative, i just trusting coinmarketcap for any cryptocurrency data, because this is one trusted site for rating and analyze any data cryptocurrency with real-time monitoring

So the fact that coinmarketcap was recently acquired by Binance doesn't bother you? And the fact that now its ratings can be affiliated!? I would, for greater confidence, use information from several resources in your place!

I think nothing really can be trusted in rating cryptocurrency because most people in getting a rating on a rating platform or website are required to pay a fee, this is based on my own experience as a news listing service provider in several media

[Galley]

Ratings are good, of course, and you can trust them or not, but you cannot ignore them. Any information can be slightly corrected in one direction or another, depending on the wishes of the customer, the question of price, and that's all. There is no more trust in anyone, you can rely only on yourself and your knowledge. You can't fool yourself.

[Baimovic]

I personally do not believe in any ICO ranking site, before I invested in a project it was certainly based on my own research results. I know that ICO ranking sites are paid, and do not guarantee that their data is correct. So, think logically and not to trust any ICO site.

[Pamadar]

No, I only use crypto rating to see the position. but the rest I still do my own analysis and to make sure whether the crypto rating matches my analysis or not

It is the proper way for you not to be victimized by any scam projects, rating site can be manipulated and if you'll based your investment according to them  the big chance that you'll be scam by those developers.

I personally do not believe in any ICO ranking site, before I invested in a project it was certainly based on my own research results. I know that ICO ranking sites are paid, and do not guarantee that their data is correct. So, think logically and not to trust any ICO site.

Most of the time ICO's are just full of junked you'll charts but complete fakes data. be well aware to avoid losing your money.

[SlimShadyMmp]

I think different services and then high personal opinion of the rating agencies I think Mostly it has to do with geographical regions and then maybe some adverts attached to the rating I mean EOS is a good coin but there is absolutely no way it can over take BTC in rating but then maybe they have another perspective of look

[Danslip]

No, I only use crypto rating to see the position. but the rest I still do my own analysis and to make sure whether the crypto rating matches my analysis or not

It is the proper way for you not to be victimized by any scam projects, rating site can be manipulated and if you'll based your investment according to them  the big chance that you'll be scam by those developers.

I personally do not believe in any ICO ranking site, before I invested in a project it was certainly based on my own research results. I know that ICO ranking sites are paid, and do not guarantee that their data is correct. So, think logically and not to trust any ICO site.

Most of the time ICO's are just full of junked you'll charts but complete fakes data. be well aware to avoid losing your money.

For preventing getting scammed by fake reviews we need the reliability checked, controlled review platforms. Last year, there was a token sales-focused Ravein platform which has been based on honest reviews but till now have no idea what projects have followed this path. Logical reasons are not compulsory to invest in the "proven" projects because there will be a bias of other people. No one can guarantee the concrete return on the investment but they can influence the mass opinion. This is the point we need to change the feedback system in our favor in order to avoid getting scammed by scam projects.

[lienfaye]

I personally do not believe in any ICO ranking site, before I invested in a project it was certainly based on my own research results. I know that ICO ranking sites are paid, and do not guarantee that their data is correct. So, think logically and not to trust any ICO site.

Thats true.
Much better to have our own research. Crypto ratings sites are not reliable to depend our decision based on their ratings for each project. It can be manipulated by the project owner thus its not reliable at all.

[azmirihaque]

Every rating is made on some criteria and these two ratings may built on their own special criteria. That's why result are different. If you make a rating on current month sell you will get a result. If you built the rating on one year sell, you will get another result. If you make a rating on the basis of popularity, or price rise or price fall, you will get different results. So, first you should know on which criteria those rating has been made.