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Topic: Do you believe in crypto ratings? - page 7. (Read 4202 times)

full member
Activity: 924
Merit: 220
August 17, 2020, 10:08:56 AM
None at all because most of those who do the ratings or.surveys are being paid and then their surveys will become biased based on the the payments that the crypto team had paid them. The ranking system of the said ratings is most likely influenced by payments. This is why we should not consider survey oe rating as exact thing for a reference when one needed a statistical reports or references. Well, make your own survery so as to make sure of the things you want to know. You can even so it here in the forum.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
August 17, 2020, 09:57:16 AM
rating in cryptocurrency can of course help to invest, on CoinMarketCap there is already a ratings feature,
try visiting CoinMarketCap and select one of the coins on the list and, and open the ratings menu, you will see the score of the project or altcoin.

   Rating can help only for initial visualization of the crypto-market, to understand the values and their current position. It's just be
just a beginning of the research you plan to conduct when you are deciding to invest in crypto-market. Don't invest solely on
info you got from the rating sites, rating is just a current situation and rating of coins is changing.
sr. member
Activity: 2002
Merit: 250
August 17, 2020, 09:41:32 AM
rating in cryptocurrency can of course help to invest, on CoinMarketCap there is already a ratings feature,
try visiting CoinMarketCap and select one of the coins on the list and, and open the ratings menu, you will see the score of the project or altcoin.
member
Activity: 686
Merit: 28
PUGG.io
August 17, 2020, 07:10:42 AM
Things has changed a lot now, ratings does not matter anymore, what matters most is what exchange the project is listed.
If the project is listed in big exchanges, automatically, people will invest and that would create some hype and a certain project will gain a decent volume.
If listed in big exchanges does not guarantee that many people will invest, because not all projects will be interest many people, only potential projects will get many investors.

Yes, according to my experience, it is true that the crypto rating will not guarantee a successful project, I even often use the crypto rating as a benchmark but what I get is a loss, while the projects I rarely see are far more successful than expected.
That's why you should always seek information from various sources about the project as some crypto ratings are being manipulated, beware
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
August 14, 2020, 03:32:39 AM
I've also been trapped in Scam project, because I looked on Crypto ratings, That's right, Crypto ratings can be bought so bad projects can get high ratings, and of course it makes investors or bounty hunters trapped. At this time I no longer believe in Crypto ratings, you better check the project that you are joining.
Crypto rating does not guarantee the project will succeed. Sometimes projects that do not have a rating are even successful in the market and have survived until now.

Things has changed a lot now, ratings does not matter anymore, what matters most is what exchange the project is listed.
If the project is listed in big exchanges, automatically, people will invest and that would create some hype and a certain project will gain a decent volume.
member
Activity: 686
Merit: 28
PUGG.io
August 14, 2020, 02:55:38 AM
I've also been trapped in Scam project, because I looked on Crypto ratings, That's right, Crypto ratings can be bought so bad projects can get high ratings, and of course it makes investors or bounty hunters trapped. At this time I no longer believe in Crypto ratings, you better check the project that you are joining.
Crypto rating does not guarantee the project will succeed. Sometimes projects that do not have a rating are even successful in the market and have survived until now.
hero member
Activity: 1442
Merit: 510
August 13, 2020, 11:55:00 PM
crypto ratings can be bought so don't trust projects just because of rankings but take a deeper look at the project itself, I used to be stuck in a lot of scam projects because I believed too much in crypto ratings.
I've also been trapped in Scam project, because I looked on Crypto ratings, That's right, Crypto ratings can be bought so bad projects can get high ratings, and of course it makes investors or bounty hunters trapped. At this time I no longer believe in Crypto ratings, you better check the project that you are joining.
full member
Activity: 966
Merit: 102
August 13, 2020, 11:41:27 PM
I don't think anyone considers rankings for reference and nobody cares much about them. I've noticed that people regularly visit coinmarketcap.com to review the market, and almost all altcoins track Bitcoin's price movements.
The above rankings of CCID (The China Center for Information Industry Development) may be useful to investors but they only contribute to market direction slightly. In addition to the chart above, there are also hundreds of other charts that we created ourselves. In my opinion, the most important thing about a good crypto is high returns.
full member
Activity: 905
Merit: 113
August 13, 2020, 11:24:39 PM
crypto ratings can be bought so don't trust projects just because of rankings but take a deeper look at the project itself, I used to be stuck in a lot of scam projects because I believed too much in crypto ratings.
full member
Activity: 1260
Merit: 100
August 13, 2020, 10:37:49 PM
I was believing in ICObench until i found some red flags there.
It was a scam project, listed on ICObench before they launch the token sale.
I think not every crypto rating websites are real, some of them are only paid rating websites.
full member
Activity: 887
Merit: 100
August 13, 2020, 02:08:30 PM
No, I can't easily trust the ranking of any ICO site because most of them are paid to display valid real project data and only to attract market investment. My advice is that you don't have to rely on ICO sites and stay alert before putting your money into any project.
member
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
August 13, 2020, 02:04:19 PM
Normally I don't belive of any kind of crypto rating cause many of them are promotions. Here I am talking about website based rating. But ccid rating is a very much another thing. Cause in china there is a government agency to do that. So they have other thoughts and in this rating you will see a very normal thing that is Chinese blockchain companies are more preferred than other blockchain based companies. And it's very normal. So I think it's okay when you see a countries gov registered rating. It's based on their implementation idea and many more thing.
full member
Activity: 1400
Merit: 103
August 13, 2020, 01:52:13 PM
I remember in 2017 and 2018, various tables with ratings of upcoming ICO projects were very popular. Many followed Ian Balina, and as a result, this friend turned out to be a bad adviser, who gave more than he praised. And there were plenty of people like him. All these crypto ratings should be viewed with skepticism.
Right, (2017-2018) some advisors also believe that Bitcoin could be replaced by Ethereum. Those advisors don't know the value of Bitcoin. Even Bitcoin is the worst coin for transaction speed, but we see the results right now. Although now everything looks like a part of plans, we shouldn't sell our coins only relay on some hype. EOS blockchain is also my favorite but not more than Bitcoin, Ethereum and Binance coins.
Unfortunately, many people trust the "beautiful wrapper". It is enough for some crypto blogger, even if not with a very large number of subscribers, to make a pseudo analysis and say with confidence that this project is the future of bitcoin. And some people will believe him and invest in the project.
member
Activity: 1021
Merit: 12
August 05, 2020, 06:52:32 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?

CCID


WeissRating


Can not be 100 percent believable even what they say that it is a project has a high rating is not necessarily certainly the project will be a success. We can not predict something clearly. Just enough predictions and sure that this project is suitable for investing.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
August 05, 2020, 06:47:42 PM
I do not believe in all these ratings of a thing, rather what I believe in is what a platform offers and to what extent the idea or use case from that platform has touched lives positively. Also, all these are personal or organisations opinions thus subjective to review, in the same way, their opinions can still be altered towards a particular angle just to benefit a certain number of people. In addition, there was a time these rating platforms where much and we saw the devastating effects it caused as most scam projects were even given good ratings. Hence my opinion is, stick to those crypto with good use case and as for new projects, make your research about them.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
August 05, 2020, 04:12:42 PM
You need to be careful around crypto rating platforms, most platforms rate projects because they are paid to do so, making decisions because a coin or token has good rating is wrong, there are different reasons why a project is successful, that's on you to find out
Yes, be careful of all projects that have become mandatory for everyone, because many victims of fraud occur through trusting the project and falling asleep with the promises made by the project, so be aware or cautious I feel it is mandatory for all person.
you just need to do an independent analysis of the project and not just look at the table that an unknown person gave you. In that way you will be safe.
sr. member
Activity: 1652
Merit: 299
August 05, 2020, 01:52:49 PM
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?
There is nothing wrong with checking out those ratings, especially when you’re a newbie and you need help to navigate through the cryptocurrency market/community. And I’d like to add that you shouldn’t be relying on just one source to be getting information like this, seriously how can you be trusting a source that rates Bitcoin as one of the worst cryptocurrency?

Check other sources by using Google you will see that most places Bitcoin is rated as the number one cryptocurrency, then it is followed by Ethereum, Litecoin, and some really good cryptocurrencies. I have been here for a long time and I don’t need any rating site to tell me that Bitcoin is the number one.
member
Activity: 559
Merit: 48
August 05, 2020, 09:32:41 AM
Never believe crypto ratings. Anything can be fake. Crypto rating sites are not charity projects. Their analysts, copywriters and other stuff need to eat aka receive salary. Where do they get money ? From writing fake or misleading articles, creating charts and review. The rule is simple, the one who pays more gets higher rating.
member
Activity: 686
Merit: 28
PUGG.io
August 05, 2020, 06:36:36 AM
Previously, I still tried to somehow believe in various ratings of cryptocurrencies, but then I realized that all these ratings can be bought and now I don't even look at these ratings so as not to waste my time, and therefore now I usually orient myself by cmc and various ratings do not interest me.
Many crypto ratings are manipulated, so the best way is to always find out from the various sources and how with the project feedback, positif or not?. I don't believe in crypto rating.
sr. member
Activity: 1204
Merit: 250
August 05, 2020, 05:52:36 AM
You need to be careful around crypto rating platforms, most platforms rate projects because they are paid to do so, making decisions because a coin or token has good rating is wrong, there are different reasons why a project is successful, that's on you to find out
Yes, be careful of all projects that have become mandatory for everyone, because many victims of fraud occur through trusting the project and falling asleep with the promises made by the project, so be aware or cautious I feel it is mandatory for all person.
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