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Topic: Do you believe in crypto ratings? - page 10. (Read 4226 times)

sr. member
Activity: 365
Merit: 250
July 31, 2020, 10:25:01 PM
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.
member
Activity: 287
Merit: 10
July 31, 2020, 09:57:43 PM
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.
full member
Activity: 1470
Merit: 103
COMBO 2.0
July 31, 2020, 09:04:41 PM
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
hero member
Activity: 3010
Merit: 629
July 31, 2020, 08:32:49 PM
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.

legendary
Activity: 2982
Merit: 1028
July 31, 2020, 08:27:52 PM
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..
sr. member
Activity: 406
Merit: 250
The Fourth Generation of Blockchain in DeFi
July 31, 2020, 08:16:10 PM
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.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
July 31, 2020, 07:36:18 PM
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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sr. member
Activity: 882
Merit: 250
July 31, 2020, 06:34:17 PM
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.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
July 31, 2020, 04:20:46 PM
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.
member
Activity: 163
Merit: 10
July 31, 2020, 02:49:43 PM
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.
full member
Activity: 1099
Merit: 116
July 31, 2020, 10:52:36 AM
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.
full member
Activity: 994
Merit: 101
July 26, 2020, 05:45:00 PM
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
member
Activity: 712
Merit: 15
July 26, 2020, 01:02:40 PM
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
full member
Activity: 360
Merit: 100
July 26, 2020, 11:59:25 AM
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.
sr. member
Activity: 2002
Merit: 250
July 26, 2020, 11:53:46 AM
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
member
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
July 26, 2020, 11:49:31 AM
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.
sr. member
Activity: 868
Merit: 279
July 26, 2020, 11:18:59 AM
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.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
July 26, 2020, 11:00:29 AM
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.
sr. member
Activity: 685
Merit: 250
July 26, 2020, 10:50:30 AM
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.
member
Activity: 166
Merit: 10
July 26, 2020, 10:29:27 AM
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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