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Topic: Do you trust ICO Rating sites? - page 25. (Read 9148 times)

member
Activity: 199
Merit: 10
October 02, 2018, 06:44:00 PM
I did not trust ICO rating websites, I thought this all is fake and scam! But One day I got a 100% confirmation that Icobench, Icoalert websites are very good. Their rating system is very good, Icobench is the top level of Ico rating website! Now, I trust Icobench ICO ratings and I found it very helpful!
full member
Activity: 518
Merit: 101
October 02, 2018, 06:34:07 PM
They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.

With all that said, should it still be a factor to look at when investing in ICO?
Just like any other businesses, ICO rating sites/platforms are paid services. It's all about the good words they will put into these ratings. I mean, just think about it, why would they say anything negative about an ICO that paid them? Of course its biased! They were paid to be. It's simple logic.

Check out some Telegram channels and you'll see a bunch of these rating sites and marketing proposals. These people don't do free service. Everything is with a fee...

So do I trust ICO rating sites? Not really. But I still check on their data for minimal reference.
full member
Activity: 868
Merit: 100
October 02, 2018, 06:05:25 PM
To be honest I do not trust ICO's at all because of so many scams that's been circulating all over the place. The start the project with all pomp and show and then the next thing we hear is that they just collected money from investors and the project closed. So honestly I keep myself away from ICO's. There might be certain sites which write a good review but then there are many who would take the money and give 5 start rating. For them, nothing matters for they get their money to write an article and since ICO's come with a risk clause, the rating companies can easily get away with an excuse if they have to.

Son if you are planning to invest in ICO, think twice.
member
Activity: 174
Merit: 10
The World’s First Blockchain Core
October 02, 2018, 05:59:59 PM
They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.

With all that said, should it still be a factor to look at when investing in ICO?

I am not trust any ico rating websites because i know 95 percentage of these websites working for money. and you can not be trust these websites for investing money. Please dont do that.
Everybody need to investigate icos before investing.
member
Activity: 188
Merit: 10
October 02, 2018, 04:53:39 PM
We need to look at the full picture of an ICO, we know that ratings, influencers, advisers, they all can be bought, that is why ICO investment is not so easy, and have risks.
full member
Activity: 490
Merit: 100
October 02, 2018, 04:20:08 PM
ICO ratings website are not charity, they run a service  that is beneficial to ICO investors community and most of the ratings are based on genuine data and statistics. The fact that they get paid for their services should not be a problem!
jr. member
Activity: 434
Merit: 2
October 02, 2018, 04:15:18 PM
Me im not really trust ico rating website. Because there are possible that people will pay them to promote there ico with high rating
jr. member
Activity: 161
Merit: 1
October 02, 2018, 04:13:50 PM
I think rating ICO is not good factor to identify the good one.
It is easy to promote and create a fake one.
I agree, determining an ICO by the ratings is just one factor to consider when looking or investing in a ICO, Just like what he said its easy to promote and make a fake ICO. So if you planning on investing in a ICO its better to do research not just base it on the ratings.
member
Activity: 350
Merit: 10
October 02, 2018, 04:07:50 PM
They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.

With all that said, should it still be a factor to look at when investing in ICO?

Of course I don't totally trust those ICO rating sites. As far as I know there are many if not mostly ICO rating sites got paid paid by some projects so that they will have a good rating in their list. We should only trust our own judgement on on how we are going to analyze each and every ICO we feel like joining.
member
Activity: 573
Merit: 11
October 02, 2018, 04:04:02 PM
I really don't trust those ICO rating websites because most of them get paid In order to give good rating. The good rating on those websites has made a lot of investors to invest in scam ICOs because they believe the so-called ICO rating websites.
member
Activity: 196
Merit: 10
October 02, 2018, 03:49:36 PM
I think it is still a factor, it just may not be the most important. There are many things, we have to look at an ICO, and are fool if only invest based on the ratings on some website.
member
Activity: 210
Merit: 10
www.icovo.co/
October 02, 2018, 11:16:54 AM
I just already have a many ICOs, which made a good money for me. The most part of them I find on raiting sites. All what do you need, be attentive.
member
Activity: 252
Merit: 10
October 02, 2018, 11:15:44 AM
Yes, before I invest in ICO, I usually check the rating websites. What rating does the ICO has. How many experts rated them. If you do not trust in any particular source. You can check two or three of them.
jr. member
Activity: 140
Merit: 1
October 02, 2018, 11:09:03 AM
I used to believe them, but recently I realized few were paid ones because they flopped completely and couldn't even reach their project soft cap. But mostly the ratings are genuine, good and helpful somewhat. But don't trust them blindly, as I personally believe blindly following tips, advice in this industry/market will make you fall into trouble.

I agree that any rating can be paid. It all depends on the price and whether this or that agency/website is ready to lose its reputation giving high marks to the frank scam project.
full member
Activity: 560
Merit: 100
October 02, 2018, 11:05:46 AM
I just don't trust them, because this raitings makes by people, and people are cottupt. It's better to rely on yourself.
full member
Activity: 854
Merit: 100
SportsIcon - Connect With Your Sports Heroes
October 02, 2018, 11:05:10 AM
ICO Rating cannot be a reference in investing, currently only a few really good ICO projects so you have to be careful in choosing before investing. Don't look at the ICO rating but look for more detailed information about the project you are investing
PH-
copper member
Activity: 42
Merit: 0
October 02, 2018, 11:03:28 AM
I do not trust, only sometimes the rating may coincide  Smiley
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
October 02, 2018, 10:59:23 AM
Most of the ICO review sites are unbiased. But at the same time, many of the ICOs don't reveal much information about themselves, and this makes it really hard for the review sites to dish out reliable advisories.
It is not the ICO review sites that is biased because they are just rating what is the external factor of the particular ICO. Some or most of the ICO are faking their descriptions, papers and even the Team members just to make money out of the hopeful investors in the market. But then again do not really rely on the ICO review as i have it is just the rating of external ICO factors not really the performance.
full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
October 02, 2018, 10:54:39 AM
Since I learned that some ICO rating platforms have implemented the paid to promote rule, I am not interested in the website anymore
ICO assessment must be objective without money as a differentiating factor
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
October 02, 2018, 10:47:19 AM
Yes, I believe, sometimes they judge based on the whitepaper and their performance in the next few years. what made it broken was when the team did not follow the arrangement of the plans they made, and began to disrupt the system they made. I think many ICOs are like that.
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