Do you trust ICO Rating sites? - page 26.

YinShuiSiYuan

hero member

Activity: 1680

Merit: 505

Quote from: nutriagrigia on October 02, 2018, 01:18:09 AM

They're crooks. They are ready to write any rating of your company, just pay a sufficient amount of money. Verify. It's simple.

It's hard to trust websites that take money for the project's rating. Then the possibility of rating manipulation appears. Therefore, we can not 100% believe in their evaluation of projects.

PilosopongTacio

jr. member

Activity: 308

Merit: 1

Quote from: renchan on August 06, 2018, 09:29:35 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?

Well, that depends on the coin they listed as their top ICO.
I also believe these so called websites that usually rates the current top ICO's in the market. However, it supposed to be a guidelines for checking the legitimacy, sincerity and road map of an ICO and whether it was the real deal or not.

StatesManG

copper member

Activity: 462

Merit: 10

To some extent yes I do trust them. Although there can be many manipulation on it and that can not prove a good project so in this case one need to make more research

hellyeahent

sr. member

Activity: 532

Merit: 250

Quote from: renchan on August 06, 2018, 09:29:35 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?

Not at all. They jsut place the score, there is no facts behind this score. Excpept the fact that some ICOs pay money to get better scores. In addtion, I have never came across ICOs, which made it to the hard cap among the ICOs that bought advertisments on rating. As simple as that

Amalker

sr. member

Activity: 826

Merit: 250

Quote from: renchan on August 06, 2018, 09:29:35 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?

All this ranking websites earn money for posting a good rating for projects. So, I guess, no need to look at them, just do your own research.

none of us

copper member

Activity: 210

Merit: 0

i still look at these pages, but my full confidence is gone. even projects with a good rating turned out to be scam afterward. but that is just my personal experience with it.

nutriagrigia

sr. member

Activity: 1270

Merit: 254

Oikos.cash | Decentralized Finance on Tron

They're crooks. They are ready to write any rating of your company, just pay a sufficient amount of money. Verify. It's simple.

samycoin

full member

Activity: 812

Merit: 100

Quote from: renchan on August 06, 2018, 09:29:35 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 think ICO raters not biased because they rate some ICO to what ICO have and I think ICO raters is big help to find a good project some of what I joined ICO is successful I find that ICO because if one ICO rater. Their reviews is depending to what project ability have.

MikeGAZ83

full member

Activity: 196

Merit: 100

Everything in crypto now could be all regarding what proportion bitcoin or ethereum you're able to pay, over five hundredth of these ico rating web site square measure simply there for cash, if you wish to induce sensible rating pay higher quantity of bitcoin or ethereum. It's pathetic anyway, they're simply dishonest crypto investors, therefore i do not believe them. I actually have seen some ico that got an honest rating on theese rating web site however all over up been a scam however there square measure some real ones although

dmamigo

sr. member

Activity: 1232

Merit: 250

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.

Wayan_Pedjeng

sr. member

Activity: 913

Merit: 252

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.

crypteris

newbie

Activity: 159

Merit: 0

Unfortunately, such kind of trust has almoust lost its value nowadays. You shouldn’t blindly believe everything you read, and it concerns the information related to all spheres of our lives. Looking at ICO rating sites, you can take given information into consideration, but always recheck it. Moreover, a good rating on site is not a marker of a prosperous ICO. Project success depends on many factors.

crypto freelance

full member

Activity: 373

Merit: 107

Yes, in such tables, the rating is checked, but not for 100% of the project, at least half of the information is confidential, it is reliable. But, let's forget, a lot of projects that just pay for advertising are scammers.

Isterichka

member

Activity: 111

Merit: 10

Quote from: kirstiemorton23 on October 01, 2018, 12:49:13 PM

I do not fully trust the ICO rating site, I often visit the ICO rating site to search for information from some ICOs, I use the site as a reference and my observation data, I will not trust the ICO rating site without doing the research first, I think we should be wise in collecting information from the ICO rating site.

Everything is correct, I think too that we should not take as a basis in the choice of the project of its assessment from the rating websites. It would very not be reasonable to do it and it is even silly.

kirstiemorton23

jr. member

Activity: 280

Merit: 1

I do not fully trust the ICO rating site, I often visit the ICO rating site to search for information from some ICOs, I use the site as a reference and my observation data, I will not trust the ICO rating site without doing the research first, I think we should be wise in collecting information from the ICO rating site.

jan.nicolas

full member

Activity: 672

Merit: 100

I think that these sites can be used as sites where you can store data that can help analyze the project. Before investing, you definitely need to check projects, I think that this would be the right decision.

coinbirds

full member

Activity: 588

Merit: 104

That is true that rating sites opinion can be influenced, but if a project is well/bad rated on different sites it could be some starting point for the research that you have to do by your own.
Rating sites are not responsible for your investment, just YOU.

007_Oldy

jr. member

Activity: 48

Merit: 10

I do not really believe such ratings, because in most cases these ratings are always corrupt. I use them to collect information, but that's all.

doroshok1

jr. member

Activity: 154

Merit: 1

Now is the time that money can buy a lot. So I don't trust site ratings because ratings can be bought. It is better to check the ICO, it will give you more guarantees that you will not fall for scams.

defyance

full member

Activity: 700

Merit: 100

At first you can look at the ratings of ICO, but in any case, you need to independently study each project in which you plan to invest.

Topic: Do you trust ICO Rating sites? - page 26. (Read 9124 times)