Do you believe in crypto ratings?

[Baoanhbmt]

Crypto rating review quality sometime not accurate, moreover on popular review site which is sometime paid by developers team to give good rate. Rating an ICO project high doesn't guarantee it will succeed more than those that are rated less. Some of the top rated ICO's can end up as scam. The best rating is the rating you did by yourself not by others

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[SacriFries11]

I would not consider it as a 100% that we can just blindly believe in this rating. Instead we should be using our own research and accordingly invest in any coins and should be using some basic rules like only investing limited which we can afford to lose it. Not to invest in just one coins etc. Rating can just be a parameter while investing but should not be the only parameter on which decision is taken.

Yes your right. I agree with you. We should probably not totally based on them but rather we should do our own research and it could help us to identify which project will be great for our choice. This rating will always there either its paid or not, its all for us whether we follow it or not. Sometimes its not accurate but sometimes I agree with this crypto rating. There's a case that they will not listed the tokens that they like then there the one who invest to them to dump it and it better for them to buy in a cheaper price.

[sayulita]

I would not consider it as a 100% that we can just blindly believe in this rating. Instead we should be using our own research and accordingly invest in any coins and should be using some basic rules like only investing limited which we can afford to lose it. Not to invest in just one coins etc. Rating can just be a parameter while investing but should not be the only parameter on which decision is taken.

Yes for beginners maybe they should just take a look and use it as a reference to get saved from future scams by choosing a good Cryptocurrency over a bad one. For veterans maybe this don't hold much value because they have the right mind along with knowledge to invest in good performing coins and also in those coins that have a good potential to outperform other coins in the future.

[adzino]

Yeah, you are seeing different ratings because the platforms that are rating are completely biased. The ratings are based on "opinions of some small group of people". That is why you see different ratings on different platform. I also expect to see trashy coins on the list, since those list makers get paid for promoting those coins.
China not keeping bitcoin on number one in their list is the least surprising thing to me.

[Vanessamix]

So far I trust cryptocurrency ranking only on the coinmarketcap site, because other than that I still lack trust in cryptocurrency ranking. sometimes people assume crypto ranking based on their own experience without examining detailed studies, especially if there are sites like CCID that say if Bitcoin is the worst value, I don't think this makes sense.

I trust most of the rankings as long as they are open about what are they measuring and how is it calculated.
Chinese ranking does not share this info so I tend to not believe in it

[homhay]

for cryptocurrency ranking results, data can be manipulated at any time for various reasons, such as sites from the current ICO ranking, so to compare them, you can match them with several other sites.

[Mrchristo]

I'm aware there are several rating websites, but I'm not quite sure of their authenticity because I know they could be easily influenced by any concerned individual willing to pay the price. There is no doubt that some of the ratings could be true and helpful.

[TheGreatPython]

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?

The thing is that they can’t give the same ratings. It’s just like coming to this forum and asking people to rate their favorite cryptocurrencies, knowing very well that everyone is not going to mention the same cryptocurrencies; some are going to rate Ethereum over EOS, and some will choose EOS, and some will go for NEO, and others – BTC. It’s just like that, everyone wouldn’t say the same thing.

These two institutions you mentioned are two different institutions, and their teams will have preference for different cryptocurrencies. It’s just like a recommendation, they are telling you what they feel is the right cryptocurrency for you to invest in, so it’s up to you still decide what’s best for you.

[Jocuserious]

Yes i believe every top altcoins but i never believe ICO/IEO rating point for a new project. There hasn't not trustful rating site right now because every site has paid options for increase trust rating . If you want investing in new project then no need follow rating site even instead you should project roadmap with partnership. After all i aware everytime in my assets so i can't spend in fake project.

[asriloni]

I'm aware there are several rating websites, but I'm not quite sure of their authenticity because I know they could be easily influenced by any concerned individual willing to pay the price. There is no doubt that some of the ratings could be true and helpful.

It's not about website but it's about the crypto rating that has already published by a company that works on china. I have been seeing several times some organizations have released their own result about the crypto rating for the popular coin in china and I could not say that's 100% can be trusted by anyone.

[residivis]

of course this can not be trusted 100% but this can be made to measure the potential of the project indicated scam or not. then from having a crypto rating, it can help investors to find and choose projects easily if he wants to invest their money.

[Claudio99]

It's a shame, back in 2017 you can easily use ico rating websites to make the right choice when choosing new ICO projects to invest on but things aren't the same anymore, scammers burnt ICO and everything involved ( ICO ratings) to the ground, whatever ratings you come across you have to do your own research, do not trust ratings

[ghost424]

Cryptocurrency ratings depends on the location on where they are being publicly used. We know that there are some Cryptocurrencies that is specifically being used in specific countries and in that moment, if it is valuable in their country, it means that it must be the number 1 Crypto that is usable in their country.

Cryptocurrency ratings depends on whichever is really useful to us but some ratings are really worth to read because we can see on what Cryptocurrencies we can invest on.

[Jancuki]

Maybe I used it as part of the analysis when I was going to invest in a coin, but of course I didn't use it as the main benchmark. I prefer to see it for myself on the exchanges listed and see more news in the forums that they have or others.

[nicedreams]

I don't trust any of the cryptocurrency rating agencies since there is a huge disparity in their report. Lackluster like that because every agency has a different agenda and using their rating report to push something with half true, half wrong or sponsors' content.

[milewilda]

I'm aware there are several rating websites, but I'm not quite sure of their authenticity because I know they could be easily influenced by any concerned individual willing to pay the price. There is no doubt that some of the ratings could be true and helpful.

It's not about website but it's about the crypto rating that has already published by a company that works on china. I have been seeing several times some organizations have released their own result about the crypto rating for the popular coin in china and I could not say that's 100% can be trusted by anyone.

You cant trust up something that can easily be manipulated since we know the reputation of these crypto rating sites are really not that good ever since they have issues on receiving up money just for a project
to have some good reviews or ratings which do really mislead investors to believe that they are dealing with a good project but actually they have been lured in to invest and lost up money in the end.
There are several ICO review sites that had been known or popular back in the past but as days goes by their reputation had been tarnished with this kind of issue thats why people cant really just
trust up on whats being suggested or written there.

[Cocoincos]

I know that on ICObench you can find wrong ratings, but some sites gives good information, also I cant trust on 100% in any ratings, of course it could be manipulated. Also even name McAffee sometime used by not honest projects

[Sundilhan]

I find it funny that people still find these rating sites useful when it has to do with finding out thorough details about projects and ICOs. They are paid to promote what they do and its obvious that you can't get unbiased opinions or recommendations from them. It is best to find out more by taking proactive action. This way, you can know for certain.

[Zionatin]

Whenever I read these charts and graphs like this I always wonder to myself if they just suck this out of their thumb and just take a guess tally it up and round it off and give that as the answer? They say they use methods or algorithms or "intensive research" but would anyone know the difference between that and if I just made up a lift and took half-educated guesses? That's why I don't trust these things. I take what they say and think about it but I won't make it change my mind about something. At the end, of the day you need to think for yourself and what is best for you.

[sky_Gritzz]

it's relative, what the site that make rating and how their reputation, now as we know many shit site crypto review make a fake review because they got payed from developer like ICO rating site, only one trusted site for that's Coinmarketcap only for me