Do you believe in crypto ratings?

[SlimShadyMmp]

I think thats basically their site based rating so maybe they have categories and some checks that some coins dont just click I think it will be great if they give their criteria for choosing those Coin I think dont override those coins that feels great from their only rating since basically those site look like a low usage site

[Peanyut991]

I don't fully believe in rating sites but before giving a rating they already did some research and started sorting their ratings. So I will appreciate every rating given.

[kkofor]

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.

Be aware of what you do and only believe in your research because it will help you greatly reduce unnecessary risks. I will often search for project news and ask relevant questions to make sure the project is profitable for me.
However, it is not always convenient because if the market suddenly drops, the coins you invest can make you lose.

[ufaiz50]

Try to think positively, maybe the two rating sites have different criteria for assessing cryptocurrency. If you try to think negatively then the possibility of the rating site is paid for the rating with a good value crypto that pays them. I don't really trust rating sites and only take relevant information and try to conclude it myself. As we know that we do not know what criteria they take to value coins, there is not even a concrete calculation they give to value coins.

[Dr.Osh]

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.

I agree with this statement. I also do not fully believe in the rates they provide, and I will conduct a separate search and research. it's just that, sometimes sites like that already provide a summary of the information we need. some sites also rate the completeness of data from a project.

[shinratensei_]

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.

I agree with this statement. I also do not fully believe in the rates they provide, and I will conduct a separate search and research. it's just that, sometimes sites like that already provide a summary of the information we need. some sites also rate the completeness of data from a project.
[/quoteThe same rating has already published so many times and the position has been getting changed so many times. We didn't know how credible such a party to release the rating but afaik the rating can be manipulated easily. Even if that was coming from the 3rd who has no cooperation with the project and we can't sure that's legit.

[daglordjames]

Some ratings are faked, they can be paid by changing their ratings into almost perfect score but it depends.

[WinBIts]

Try to think positively, maybe the two rating sites have different criteria for assessing cryptocurrency. If you try to think negatively then the possibility of the rating site is paid for the rating with a good value crypto that pays them. I don't really trust rating sites and only take relevant information and try to conclude it myself. As we know that we do not know what criteria they take to value coins, there is not even a concrete calculation they give to value coins.

That is a great thought. I've always wondered why those rating sites do not share any info on how their calculations work, where do they get their info and etc etc.
This could help trust them a lot

[Balladtony77]

Either some crypto ratings are true or lies I don't see why this should be my problem because to me ratings are just ratings, it won't make me invest in any Crypto project, I do my own research first and do my pickings, I made good money from new coins most times not old coins

[StyleForceOne]

Crypto rating are useful to make sure that your conclusions about X project meets the reality.
And sometimes its kind of easier to find a decent project simply by searching through each one in some ratings.
But overall, I have a little more credit for a project that is in the rating compared to the one that isn't there

[chunnu39]

do you really believe in crypto rating websites do you think they all genuine ? they all are paid by there respective projects. so don't blindly trust them and think to invest there project. do your own research before invest.

[CashbackLover]

I enjoy browsing through lists of crypto ratings from different platforms but I've never make a crypto investment decision through ratings, I'm more into new altcoins that are under top 100 on coinmarketcap, they have less marketcap and more risky but they have insane ROI

[fuer44]

because of the difference in terms of assessment. if what is assessed is in terms of market cap, price and volume, of course bitcoin should be number 1. but if what is assessed is something other than that, for example projects or other developments, of course the results will be different.

[TitanGEL]

Try to think positively, maybe the two rating sites have different criteria for assessing cryptocurrency. If you try to think negatively then the possibility of the rating site is paid for the rating with a good value crypto that pays them. I don't really trust rating sites and only take relevant information and try to conclude it myself. As we know that we do not know what criteria they take to value coins, there is not even a concrete calculation they give to value coins.

Rating sites are usually paid promotions and advertisements so I do not believe on the data that they are uploading in the internet. I experienced to lose huge amount of money because I follow and rely on a certain crypto rating website, I know it is my fault and I told myself that I will never repeat it. I make my own research and not the ratings of those fake rating website. They are just giving wrong and shit information.

[Iyanu14]

Ratings are much dependent on the the one rating at times.  Personally I don't depend on many of these ratings because it's only few of them that are reliable to some extent. I rather look out for some information on any project I intend to invest in.

[gwaposakon]

I check on crypto rating sites to find information on new projects that is to be launched in the market. But I don't make their ratings an influence on my investing decisions. I observed that some of these sites based their scores on sponsorships and tend to rate highly sponsors. I still believe that proper personal research is still the best method when and where to invest.

[RabbiTANK]

Crypto rating platforms are only good for knowing the details about coins and tokens that are presently topping in crypto space presently, I don't make investment decisions based on ratings, it's investment move

[Desscount]

Crypto rating platforms are only good for knowing the details about coins and tokens that are presently topping in crypto space presently, I don't make investment decisions based on ratings, it's investment move

there are lots of things to do when you want to invest in crypto currencies, indeed the crypto currency rating is already quite helpful, but many fake ratings make the project also more difficult to predict whether it is feasible or not, if talking about ICO or IEO ratings, you better really observe it

[jrrsparkles]

They were created for manipulations and each site has their own paid shillers so its not wise to trust their decisions and ratings about new projects.And its actually funny to see they list bitcoin as a bad crypto to invest.

[havoc928]

They were created for manipulations and each site has their own paid shillers so its not wise to trust their decisions and ratings about new projects.And its actually funny to see they list bitcoin as a bad crypto to invest.

Really? Is there really a website that list BTC as a bad crypto to invest? LOL! That's ridiculous. Back to the topic, I don't believe too much in crypto rating. The reason is that those websites are too easy to be manipulated by money. Therefore, they not really do the job based on the real information. I prefer doing my own research and looking for others experiences as well as comments throughout the market. Do not believe completely in any ranking sites if you don't want to invest to an unworthy project!