My thoughts are the 'C' coins are the new Ripple from a trading standpoint. High risk, high reward. Some of them are destined to blow up while most will fail.
Well, I agree. But we have to assume that the opinions of Weiss are actually based in a complete understanding of all projects that they rate. This is in my opinion not clear yet.
Generally I have one investment rule I follow for all my activities: Don't bet (longterm) on the horse, bet on the horse breeder. If EOS can establish itself long term, great, but as long as they are using the ETH base I will always hold on to my eth.
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My thoughts are the 'C' coins are the new Ripple from a trading standpoint. High risk, high reward. Some of them are destined to blow up while most will fail.
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Well, I agree. But we have to assume that the opinions of Weiss are actually based in a complete understanding of all projects that they rate. This is in my opinion not clear yet.
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I'd like to hope for that. With that being said, not sure they have a full grip yet. Check out @dougpolkcrypto 's post https://steemit.com/cryptocurrency/@dougpolkcrypto/crypto-news-pop-superstar-promotes-crypto-lawsuit-filed-against-bitconnect Flip to around 2:45 and he talks about the ratings. Makes a good point about EOS and ETH being ranked the same, while EOS hasn't even done nearly as much as ETH and operates on the ETH platform.
The way I look at the ratings is how it will affect the general public, and what that means to trends. Very interesting stuff ahead.
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Thanks for the link man. I'll check it out.
Generally I have one investment rule I follow for all my activities: Don't bet (longterm) on the horse, bet on the horse breeder. If EOS can establish itself long term, great, but as long as they are using the ETH base I will always hold on to my eth.
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Wise advice!
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