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Topic: Do you believe in crypto ratings? - page 12. (Read 4226 times)

member
Activity: 182
Merit: 10
July 26, 2020, 02:46:58 AM
I believe in ratings from coingecko and coinmarketcap since they are rated by high marketcap and volume but what OP lists says is a personal rating based on personal interest, this ratings aren't for someone like me, EOS can be the first for you while NEO can be the first on my own list
sr. member
Activity: 1002
Merit: 250
July 26, 2020, 02:43:00 AM
I have never believed in cryptocurrency ratings because I think this type of  ranking can be bought with money. I participated in a bounty program with 4.6 scores at the end of the campaign and what I received was a useless token and they scammed investors for a long time with their promise that they need a little time to finish Cheesy ( Bitto exchange).
full member
Activity: 952
Merit: 110
July 26, 2020, 01:46:57 AM
Coinmarketcap and coingecko is more than enough to know which coins are topping right now but still I wouldn't believe in unpopular crypto rating platforms, still I have different reasons to choose other coins that aren't even popular or that are still new, my money my risks
full member
Activity: 1190
Merit: 100
July 26, 2020, 01:29:12 AM
I used to trust ICO rating sites but most of them these days rate ICOs without necessarily doing a good background research about the legitimacy of the project. So many projects rated high by some  of these sites have actually collapsed or scam its investors already. Trust your own research and intel if you intend to invest in any project these days.
Well, I still use it too, it's just that I don't believe 100% in their research, because there are quite a lot of bad projects that have good ratings on several ICO rating sites. however, the most important is your own research.

In 2018, for some reason I believed in the ICO ranking site. And entering 2019-present. I don't trust them anymore. Right as you said, self-analysis is sometimes better than ranking. I do not blame people who are still using it, at least just make a reference.
sr. member
Activity: 952
Merit: 267
Vave.com - Crypto Casino
July 26, 2020, 01:28:36 AM
Ratings can't ever be same, everyone knows their different reasons why a coin should be first or second on their list and I have my own reasons too, this is why it's stupid to rely or make decisions on a rating list, it can be misleading
This answers it all, anyone who decides on which project to buy based on ratings from such sites is still a learner when it comes to research. Those ratings are solely based on their opinions, and some are even paid ratings. I'm not saying those ratings shouldn't be looked at when doing research, but they should never decide for you on which project to invest in.
member
Activity: 574
Merit: 24
July 26, 2020, 01:10:21 AM
Ratings can't ever be same, everyone knows their different reasons why a coin should be first or second on their list and I have my own reasons too, this is why it's stupid to rely or make decisions on a rating list, it can be misleading
member
Activity: 821
Merit: 20
SOL.BIOKRIPT.COM
July 26, 2020, 12:58:51 AM
You use crypto rating but this is true for old coins internally. but I can't take the fuss of all the ideas just by looking at their ratings because it's my own search is pretty tough. I would like to inform myself more and more about this crypto market so i am not willing to invest in any new project based on a rating site.
member
Activity: 798
Merit: 38
July 25, 2020, 05:10:12 PM
Ratings aren't reliable, this is the last thing you want to make decisions on before choosing crypto coins, even a top 200 altcoin can perform more or bring better ROI than top 10 altcoins, we are all here to make profits and that's what's important
You are right, of course, you cannot blindly trust the ratings. everyone should evaluate the liquidity and reliability of cryptocurrency assets for himself.
I have the doubt if ratings are still being considered as reliable and if there is anyone whostill does that, it shows tat the person is still very new to the system and has not learnt his lessons from past mistakes.
Well, i am not saying that rating do not have their own benefits too, but tat depending solely on those rating might be a bad idea.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
July 25, 2020, 05:02:59 PM
I used to trust ICO rating sites but most of them these days rate ICOs without necessarily doing a good background research about the legitimacy of the project. So many projects rated high by some  of these sites have actually collapsed or scam its investors already. Trust your own research and intel if you intend to invest in any project these days.
hero member
Activity: 1680
Merit: 506
Trphy.io
July 25, 2020, 04:02:13 PM
I believe in ranking on Crypto especially on the site of the service providers that cover all Exchange industries so that it is easy to track every trading volume.  such as the Coinmarketcap site, which many crypto players visit and provide real data on each coin rating.  but on the site that you provide I think is not too complete because BTC is ranked below while Altcoin is ranked top of course this is impossible.
hero member
Activity: 1050
Merit: 501
corion.io
July 25, 2020, 02:42:19 PM
Ratings aren't reliable, this is the last thing you want to make decisions on before choosing crypto coins, even a top 200 altcoin can perform more or bring better ROI than top 10 altcoins, we are all here to make profits and that's what's important
You are right, of course, you cannot blindly trust the ratings. everyone should evaluate the liquidity and reliability of cryptocurrency assets for himself.
member
Activity: 210
Merit: 10
July 25, 2020, 01:56:32 PM
Ratings aren't reliable, this is the last thing you want to make decisions on before choosing crypto coins, even a top 200 altcoin can perform more or bring better ROI than top 10 altcoins, we are all here to make profits and that's what's important
member
Activity: 125
Merit: 10
July 25, 2020, 01:29:03 PM
Those are just ratings and not accurate, CCID maybe get their data only is limited areas so that is why they have different ratings. Maybe they also have different standards and calculation, etc. Don't get bother with those ratings results we all know that bitcoin is the best cryptocurrency and no one could beat it. I really don't care about ratings they could be tampered and sometimes bias.
Not believing in crypto ratings anymore, before I keep update on checking ratings where to invest or to join bounties but they don't seem legit since some top were not able to reach their ICO goal or didn't have a structured plan in Executing their projects. We need to do our own research now, especially that rating chart is now a business, it seems easy to be listed in any websites for eating or do hire some community to boost their image or just ask if I rating site can feature them with a price.
It's like the same thing over and over again. First, new crypto ratings work as it intends, giving a good report but slowly, they develop their agenda and side business, their ratting ain't good anymore. Raise and repeat enough that now, people don't care about crypto ratings anymore.
full member
Activity: 2184
Merit: 184
Hire Bitcointalk Camp. Manager @ r7promotions.com
July 25, 2020, 01:09:52 PM
There are many criteria by which they evaluate cryptocurrencies. the ability to scale / commission in the blockchain/transaction speed and so on. it's hard to say which rating is really correct.
Based on previous arguments, this is true of their rating, this has brought the king of cryptocurrency(Bitcoin) down beyond our thoughts. The surprise thing here is, the Chinese coins are the top in the list, hope to see some of their coins doing well in time to come. For me, this is their best criteria according to them.
full member
Activity: 1176
Merit: 162
July 25, 2020, 12:55:12 PM
Those are just ratings and not accurate, CCID maybe get their data only is limited areas so that is why they have different ratings. Maybe they also have different standards and calculation, etc. Don't get bother with those ratings results we all know that bitcoin is the best cryptocurrency and no one could beat it. I really don't care about ratings they could be tampered and sometimes bias.
member
Activity: 385
Merit: 12
July 25, 2020, 12:46:02 PM
I don't trust crypto ratings at all.For me they are baseless,useless and very easily their ratings can be manipulated.There are several project who got high ratings but they scam us and if some random project will offer them money they can help this project by giving a good ratings.In ICO site ratings are same.So for me I never follow crypto ratings or ICO ratings to invest in a project.

https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394

ICO or IEO or any project ratings can be easily more if project use money for ratings.So be careful before invest in ICO or IEO by just seeing ratings from some random sites
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
June 30, 2020, 05:59:59 PM
I don't like crypto ratings, it us convincing, it leaves several peeps especially newbies with false information about projects. As investors or researches, we need to understand that crypto ratings are done by humans too and they can make mistakes, hence always do your own research by yourself
That doesn't mean that they aren't useful, still in the end you'll be the one who will decide but crypto rating are just based on the study or could be bias opinion by the writer or the site. It's not necessarily you'll have to follow it blindly, you just have to be smart and just select information that you think useful  and you believe is correct, and also, don't rely on one source only.

Absolutely correct! Ratings doesn't mean your life depended on it. But rather a guide on how to gauge projects. You have to do your own evaluation given those information. There are also several sources that you need to check because they vary from one site to another. So just get what you think is useful for you. You can also see the pulse of the community by checking the feedback and reviews. In this way, you will see how they served their clients and how they addressed issues.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
June 30, 2020, 05:32:33 PM
I don't like crypto ratings, it us convincing, it leaves several peeps especially newbies with false information about projects. As investors or researches, we need to understand that crypto ratings are done by humans too and they can make mistakes, hence always do your own research by yourself
That doesn't mean that they aren't useful, still in the end you'll be the one who will decide but crypto rating are just based on the study or could be bias opinion by the writer or the site. It's not necessarily you'll have to follow it blindly, you just have to be smart and just select information that you think useful  and you believe is correct, and also, don't rely on one source only.
member
Activity: 690
Merit: 12
There are consequences for every action
June 30, 2020, 04:34:08 PM
I don't like crypto ratings, it us convincing, it leaves several peeps especially newbies with false information about projects. As investors or researches, we need to understand that crypto ratings are done by humans too and they can make mistakes, hence always do your own research by yourself
hero member
Activity: 1666
Merit: 629
June 30, 2020, 04:14:31 PM
No, I generally do not rely on such reports because the independence of the assessors is not always clear. In addition, it is not shared as a clear information about what decisions are made in the lists where such rankings are made and according to what conditions. For this reason, I do not trust these types of evaluation articles or lists very much, but I do not neglect to follow them constantly since these types of lists cause activity in prices. Under any circumstances, I recommend that you do not consider such lists as the sole source and not make investment decisions based on these lists.
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