Do you believe in crypto ratings? - page 8.

Barbut

hero member

Activity: 1694

Merit: 502

★Bitvest.io★ Play Plinko or Invest!

Quote from: Skinny48 on August 05, 2020, 05:34:24 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

Never believe in just on the source of information, if you want to be sure in that information you have, you need to check that on other places too. And if you are still not sure, try to ask experienced people and about their opinion. I don't trust crypto rating sites, I use them to check some basic info about some projects, that's all!

trauchot

member

Activity: 1764

Merit: 10

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.

bbcolex

full member

Activity: 686

Merit: 100

Some crypto ratings are paid for advertisement and to boost its visibility in crypto space,
But there are other crypto ratings that give fair and legitimate ratings to different top coins.

Genemind

sr. member

Activity: 1596

Merit: 335

Crypto rating platforms can be used as a reference only since most of them are paid by developers for marketing, exposure, and good ratings or review. It is still best if you will conduct your own research when investing rather than being dependent on other people's or website's review.

Skinny48

member

Activity: 448

Merit: 18

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

Kehindem

jr. member

Activity: 199

Merit: 1

To some extent one need to be careful with crypto rating platform, as to the question each platform has basis for ranking which is been done after some analysis have been carried out, the analysis used by the first one will be different from the one used by the second one, so basis can make different platform give different rating at a point in time.

bayudndy

full member

Activity: 824

Merit: 104

PredX - AI-Powered Prediction Market

I only believe if they are big and reputable sites in this market, there are many new ranking sites now and they are not really reputable. They make misleading assessments that leave many people stuck with bullshit projects, and make your own project judgments with your experience.

Phoenix_PROG

member

Activity: 224

Merit: 28

Crypto ratings are good for a purpose and that is knowing which project is on top ranks, I use coinmarketcap and coingecko ratings only, any other platforms different from these two I won't trust, websites like icorating and icobench are even worst become projects pays to get ranks on them.

Aaroenz0r

full member

Activity: 504

Merit: 100

Option Blitz

Quote from: FLHippy on June 25, 2020, 09:19:34 AM

I think in market place everything now going for give and take. I also do not believe in single site for ICO ranking or crypto rating because everyone now working now for paid. Basically from first their intention goes to establish a popular site so that later they can income from this site for paid. From beginning they do some extra ordinary works to prove their site is legal for ratings and one time when it establish to market then they go for paid, nothing else. Its one kind of income policy i think.

thanks.

That's so true! We're in a business field, everything is all about money. Nobody gives their time doing research and ranking for free! They all want to earn some profits. Even though I don't blame those site owners, I don't believe in those sites. I rather doing my own research and consider others' advice than believe in something that can easily be manipulated!

pragna

full member

Activity: 1582

Merit: 101

Quote from: FLHippy on June 25, 2020, 09:19:34 AM

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

I think in market place everything now going for give and take. I also do not believe in single site for ICO ranking or crypto rating because everyone now working now for paid. Basically from first their intention goes to establish a popular site so that later they can income from this site for paid. From beginning they do some extra ordinary works to prove their site is legal for ratings and one time when it establish to market then they go for paid, nothing else. Its one kind of income policy i think.

thanks.

aioc

hero member

Activity: 2926

Merit: 567

I believe in rating but not to this kind of rating where the obvious is not reflected, Eos is on the 12th place so how did it happen that it landed in the first place what are the criteria that it surpass the top 10 coins in the market, and obviously Bitcoin is the leading coin in the market by volume and adoption.

b1k4ng

full member

Activity: 728

Merit: 100

now the market is very difficult to predict and for that we don't trust any rankings about crypto because I see predictions like that are just bullshit, so keep doing your own research before investing so you don't lose a lot of money

Kotone

hero member

Activity: 1372

Merit: 503

Quote from: bandungan on August 04, 2020, 06:13:11 PM

now we don't have to trust crypto ratings, now we are only smarter doing research and also choosing wisely how the future of crypto exists today. because if we only trust the rating marks of the research, we will be trapped into an adverse thing

For me the only reliable rating site for now is ICOdrops. Its still active and giving out some great news on cryptocommunity. But the listed platform on OP are not that great even those two compared. Different perspective from technical people on blockchain is common. Some prefered actually those huge hype, some based on its product and some focus on tokenomics and market liquidity. I guess ICO rating sites are not worth to read anymore or depend on.

Denamen

sr. member

Activity: 499

Merit: 250

Chainjoes.com

Quote from: albon on August 04, 2020, 05:45:10 PM

I don't believe in crypto ratings sites because most of the ratings may be fake by those behind the project, The project may be scam and pay the listing fees for the ratings site to deceive investors. These sites may be useful if the investor uses them to know the accurate information about the project and to know the activities of the project's social sites media and benefit from the answers of the project team about the questions and concerns of investors.

I agree with you. It is best to carefully evaluate and observe the community of the project because if they have investment needs then they will surely have many questions for the project. I am very good at analyzing which projects are potential and which are risky so nothing is too difficult for me. However, once you invest, you should accept that you may lose money at any time because no one can predict what will happen.

danggoron

full member

Activity: 560

Merit: 102

Quote from: albon on August 04, 2020, 05:45:10 PM

I don't believe in crypto ratings sites because most of the ratings may be fake by those behind the project, The project may be scam and pay the listing fees for the ratings site to deceive investors. These sites may be useful if the investor uses them to know the accurate information about the project and to know the activities of the project's social sites media and benefit from the answers of the project team about the questions and concerns of investors.

well, the ranking can usually be made according to the request of the project owner, depending on how much it costs to make the project look attractive. This scenario is often used by fraudsters to lure investors, so I remember myriads and hashcards, the ranking is good but ends up being a scam.
Do not make a rating website as the only material for analysis, we must have another basic analysis and not only depend on the website. do not easily believe in the invitations and assumptions of influential people, or you will only regret not having a conviction.

bandungan

full member

Activity: 798

Merit: 100

now we don't have to trust crypto ratings, now we are only smarter doing research and also choosing wisely how the future of crypto exists today. because if we only trust the rating marks of the research, we will be trapped into an adverse thing

albon

legendary

Activity: 1834

Merit: 1492

I don't believe in crypto ratings sites because most of the ratings may be fake by those behind the project, The project may be scam and pay the listing fees for the ratings site to deceive investors. These sites may be useful if the investor uses them to know the accurate information about the project and to know the activities of the project's social sites media and benefit from the answers of the project team about the questions and concerns of investors.

Rowenta

member

Activity: 196

Merit: 12

Crypto ratings are nonsense, investors shouldn't rely on rating websites, most websites rate a project with good rating to deceive investors or fool them so they can invest, you need to be very careful with crypto ratings

GREENch

full member

Activity: 1400

Merit: 103

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.

PerfectCircle

member

Activity: 252

Merit: 11

Find your own way, don't rely on any crypto rating sources, figure out what makes a crypto project a good project to invest on, most crypto rating sources are so misleading

Topic: Do you believe in crypto ratings? - page 8. (Read 4202 times)