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Author Topic: Do you believe in crypto ratings?  (Read 4224 times)
thesmallgod
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July 26, 2020, 03:03:21 PM
 #141

They are already listed some of the criteria they used in rating those coin and it shouldn't surprise you if you don't see bitcoin rating first on that list. This is because each rating platforms have different view in which some are subject while some are not. Just the way crypto ranking of exchange platforms are not the same. It is left for you to do your own research and accept or reject what ever you see.
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July 26, 2020, 03:08:14 PM
 #142

It's good to learn and checking which coin takes the lead is very informative and helpful too but do not invest on coins base on others rating, I don't care which coin takes the lead I just want to make me some money and that's all there is.

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July 26, 2020, 03:14:28 PM
 #143

I still quite trust ICO Drops when it comes to their ratings, but trying to avoid ICO Bench and other shady rating sites as they have lost their credibility long time ago. There is a new player on the field, Blockfyre, they are writing HQ detailed reviews of projects and they already have quite a big following, which is not surprising at all, be sure to take a peek at their stuff.
It's not about ico drop but it was about a party that has already published the rating from their personal opinion. I have seen so many parties from china have been doing this too in the past. This is not something new around us and as an old player and I remember when tron was getting hyped through use the rating too.

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July 26, 2020, 03:29:27 PM
 #144

ICO ratings is different from normal crypto rating that happens on coinmarketcap and coingecko, ICO rating isn't 100% legit, they are very deceiving and project teams pays such ICO rating websites to rank them up so that investors can invest on the project
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July 26, 2020, 03:50:30 PM
 #145

In my personal opinion, I don't believe in crypto ratings most of them are telling as lies.
Because the truth happening in the actual trade in the altcoins our experiences was showing the
real things for us to earn there for real in the near future.
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July 26, 2020, 04:00:29 PM
 #146

The best rating for me is the market, investors are looking on the market to see what coins are worth investing, not on any companies own rating criteria, some of these rating sites just want to hype coins that support their companies I rather have Coinmarketcap and Coingecko.

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JungleOnion
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July 26, 2020, 04:18:59 PM
 #147

they can give you a nice overview of a project. However, I don't trust rating services that can be biased towards payed or promoted ratings. This completely defeats the purpose of an unbiased rating. Then after having an initial sentiment towards the project, you can filter the bad ones and just keep researching the ones that stand out so ratings can be a useful tool. Ratings are indicators and I think that you can rate a project yourself with various metrics that you can think of. One of the most useful metrics I consider when rating a product is trading volume. Trading volume usually means there's current active interest and participation of users.
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July 26, 2020, 04:49:31 PM
 #148

Okay. This is not just any ico or ieo ratings by some random websites. CCID is fully backed by Chinesegovernment. And they are always like to use their own products. That's why crypto like eos,neo and wanchain is always on top of the list. And they decide what their needs is. They rate those based on their needs. So it's kind of fine. And somehow they think btc is slow and more expensive fees than other coins they choice as payment. So they position btc as an asset and ranked in 12th i think.

kapalmabur
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July 26, 2020, 04:53:46 PM
 #149

in my opinion the crypto rating can be trusted, because investing in the altcoin project also needs to be analyzed like that,
and the crypto rating is very helpful
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July 26, 2020, 04:59:25 PM
 #150

This is because the blockchain is examined in three separate categories, which results in Bitcoin being ranked 12th while EOS 1st. because according to CCID Bitcoin uses old technology, and the use of BTC is not as much as EOS. reasonable because btc was crypto in 2009 and specifically for currency. it's their judgment, so we can agree and we can't.
that's true, we can agree and we can't but old technology doesnt necessarily means a bad thing.  I mean bitcoin is already tested by so many people so we know the flaws and the updates or upgrades will solve that flaw. i dont even sure those coin with newest technology could go well against massive traffic let alone finding out other flaws.
Yes, in crypto, something new with all the new cutting edge technology doesn't mean it will fare better again old crypto in terms of price and widespread use. Just the way of crypto ratings agency giving any new crypto more attention by ratting it higher than the old.
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July 26, 2020, 06:02:40 PM
 #151

I don't really believe or trust all these cryptocurrency raring sites or platform. And that is because their opinion is not biased free. Some projects pay these people to rate their projects high. I prefer to do my research on the project I want to invest it
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July 26, 2020, 10:45:00 PM
 #152

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?

Not much exactly cause there are lots of projects and exchanges out there with fake volume. So crypto rating is not easy thing to believe. But i shocked that how they called bitcoin one of the worst cryptocurrencies..? Angry Well, there is no doubt that's because bitcoin banned in china and still in Asia's many countries don't support bitcoin. So they made that chart their own way. Cheesy
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July 31, 2020, 03:52:36 PM
 #153

Most of the rating sites make fake rating of a new project which is misleading for the investors. I don't rely on any rating site. If an investor depends on rating, surely he will fall in trap. He should invest on his own research not depending such fake ratings. High rating projects sometimes make scam. So every investor should be aware of it before investment.
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July 31, 2020, 07:49:43 PM
 #154

I do my own research and get information from a trusted source or expert. From my viewpoint, those are much more reliable than ratting agencies if those sources have a high reputation.
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July 31, 2020, 09:20:46 PM
 #155

You can't credit bitcoin low and can't pinpoint the rating by what you see on net but would be better you do your own research to know the exact answer from different signal websites. Do not believe the manipulations which is mostly to attract investors. Research would help solve and give accurate result.

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July 31, 2020, 11:34:17 PM
 #156

Most of the rating sites make fake rating of a new project which is misleading for the investors. I don't rely on any rating site. If an investor depends on rating, surely he will fall in trap. He should invest on his own research not depending such fake ratings. High rating projects sometimes make scam. So every investor should be aware of it before investment.
Research must be put forward as a consideration for your investment, the ranking list is just nonsense and very manipulative only increases the new altcoin project as a recommendation that you should not trust.
rather than trusting crypto listing that contain manipulation better to believe on exchanges team analisys on their IEO project. simple example on binance, we didnt need to analize project , their team already did it for us. and its proven project that launched on binance rise multiple time from initial price.

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August 01, 2020, 12:36:18 AM
 #157

Yes, because the technology is effective and more valuable, I think only scammers are embarrassing the right way on cryptocurrency ratings which is coming from all subscribers, even though this is not 100% safe to its process but the 80% is good for us to become one of them to proclaim their good benefits.
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August 01, 2020, 01:16:10 AM
 #158

I wouldnt really count on crypto ratings. Most of them are too unreliable. There are some crypto ratings that are sponsored by some projects therefore giving them less of a reliability factor since ofcourse they have to give a positive review. Its safer to do your own research and not rely on these things too much.




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August 01, 2020, 01:27:52 AM
 #159

You can't credit bitcoin low and can't pinpoint the rating by what you see on net but would be better you do your own research to know the exact answer from different signal websites.

Doing research and try to collect all the datas that's available online will help you to figured out those
important factors that determine the ratings of every cryptocurrency, you just
need to make your efforts to understand deeper.

Do not believe the manipulations which is mostly to attract investors. Research would help solve and give accurate result.

Bad sides of rating sites, it's important to do your own analysis in order to prevent you being tricked by those
developers who pays the listing sites for good ratings and reviews..
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August 01, 2020, 01:32:49 AM
 #160

I wouldnt really count on crypto ratings. Most of them are too unreliable. There are some crypto ratings that are sponsored by some projects therefore giving them less of a reliability factor since ofcourse they have to give a positive review. Its safer to do your own research and not rely on these things too much.
Indeed crypto ratings are not reliable because it can be manipulated.

So its best to search for reliable sources like here in the forum to know the facts about this particular crypto.

Just check the market and analyze if the coin has potential like other establish coins.


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