Can we still trust ICO Rating Sites Like ICOBench

[Tahdayi]

Today I just met an article that these experts can buy, and there were given evidence, I do not advise any sites to believe

[DAVETUN]

Most ICO review site are filled with false review, every investor need to be diligent in researching to determine where you want to the project you want to follow, Reason why I always advocate for regulation in the cryptocurrency space , Hope it will happen someday when you can take up a legal case against reviiew site, as they are expected to be professionals and not a misleading organization.

[Old Bindu]

I do not think that rating agencies are a reliable source of information. Many ICOs are scammers. And many rating agencies are also scammers because they often give unrealistically high ratings to fraudulent projects.

[Vjatri]

No i dont beleive in ICO rating because its fake and its paid promitions.Till now i dont ever seen ico rating when i choose bounty.Good ICOs no need to Site rating.So i personlly advise when you choose any ICO dont look the ICO rating of any site.

[youdacapt]

I do not think that rating agencies are a reliable source of information. Many ICOs are scammers. And many rating agencies are also scammers because they often give unrealistically high ratings to fraudulent projects.

Well the fact is indeed so from now we are more careful again in taking steps in following the ICO project, let alone just see the rating given it is just a trap so that the project is more interested because it has a pretty good rating.

in fact it all does not matter because different marketing strategies of the most important projects are still running I think that becomes a problem if the rating is high but the project turns out to be just a scam.

[Polwynne]

I don't trust their ratings. ICOBench can be useful if you want to find new projects and then do your own research. But considering that people can buy good reviews on this site, i think it's better not to trust their ratings.

[El Loco]

For me it's not trustable. I've seen a lot of scam or s**t ICOs being rated 4.5 or above! The team simply pays for a positive review, that's all IMO. I rely mainly on icodrops, going on icobench only to check ICO price if not reported on icodrops.

[indobitcoin.tk]

ICOBench only assesses ICO based on what they see without giving further explanation and analysis. If to choose ICO so better put forward his analysis first see what is new in the rating. many are fooled by rating like this that is reasonably good but quite the opposite. Thus sometimes sites like this trap. even many of the ICO which is not even listed in ICOBench but could be an ICO worked.

[riboku0105]

All reviews of ICO rating websites are for reference only. The evaluation does not guarantee that the project is successful. Actually many icobench projects rated not high but very successful as NEO just icobench for 3.9 points but are very successful.

[swirox]

a lot of them are only scams, you just have to pay them to have a good grades but some of them don't accept any payment ( still rare but exist )

[adarwis]

No, do not believe in ICO bench, some ICO scam even get high score from ICO Bech, it would be better if we do the survey itself. And see some riview from crypto experts, you can join the telegram group and can ask directly

[Adunni6758]

As a matter of fact, i do not trust ICOBench that much There some occasions when ICOs that rated high on their sites still failed. There some strategies i employ before investing into any of these ICOs and they worked for me. First, i try to check other sites where the ICO is listed. At least to an extent, i trust icodrop. Secondly, i ensure that i do my own findings before investing. Although, evaluations from others will also lessen my work.

[Grim149x]

I never fully trusted them but I rely on some of the ratings of people there which makes sense. We just need to connect the dots for us to better understand what we are going for. But it's always better to do our own research.

[bestprofi]

I do not believe in those indicators. I believe in a rating that comes from myself, from my personal research.

[adekogbe]

The thing about ICO rating websites is I noticed a lot of projects get high ratings but most them are duds.
Preferably I always make my own research and follow cryptocurrency analyst that makes comprehensive reviews and also keep spreadsheet for reviews.
I only use ICO analyst and websites as guides but I make my own investment decision.

[cuo]

I doubt that rate, we better study the project that is running and that we want to follow rather than see the rating, because the rating can be manipulated I think.

[mozers]

It doesn't surprise me. I guess it's the same thing when we see top profile people promoting ICOs, like John McAfee or other well known individuals. Of course that I understand that a rating site should be impartial and more trustworthy, but if you think about it, when John McAfee gets paid to promote a ICO, he is actually "lying" and has no concern over his reputation, because he knows nothing real bad will happen for him. Rating sites don't really care as well, and they are not entities, so they just say whatever they want. They all know ICOs are risky, so it's hard for someone to blame them when things go wrong in the end, so it's hard to prove that their rate was not legit.

I like you answer. Actually I never believe John McAfee, too, but i like follow his post. I will do the opposite of what is written in it ).

[gregden]

Icobench has long lost its trust. As far as I know, there was information on the forum that a lot of advisors on this resource are taking money from the ICO projects for putting a positive evaluation.

[oho]

These ratings are nonsense! You can check the team for honesty, you can check different things, but this will not do much ... The most important thing is that HYIP is around the project!

[chocopapaya]

Nothing beats your own investigation and research.
If you use your own high standards for ico investing, you will never get scammed.

Think of it like a real life business that you are going to throw money into, a kickstarter if you will (because that is exactly what it is).
Would you invest in a business that can't even show you a sample of their product?
If someone says, "We are going to make the best pizza in the world and by next year become the dominant pizza company in north america!" and you ask to sample their pizza and they say, "Sorry, we won't start figuring out how to make it until we have the money to do so."
Isn't that crazy?

But there are so many people who invest in icos that have absolutely nothing to show.

As far as trusting random "ratings" from teh web, that is even more stupid and foolish.