Weiss Ratings, grants Steem the B- rating.

in cryptocurrency •  7 years ago  (edited)

K94Cb2NT.jpg

Today, Weiss Ratings published the first Crypto coin valuation report. None of the coins on the Crypto Market received a rating of A. According to this assessment, Steem receives B-. This is an excellent result for Steem. I mentioned that only 5 coins were rated B. The coins that received B are: Cardano, EOS, Ethereum, Neo, Steem. The majority of the coins were rated C. Among the coins rated C are Bitcoin, XRP, Monero, Dash, Litecoin.

Rating interpretation is:

A - excellent
B - good
C - fair
D - weak
E - very weak

https://wcy.weissratings.com/media/wri/PDF/WCY/Weiss-Cryptocurrency-Ratings.pdf

The underlying meaning of this rating is:

B -buy
C -hold
D -sell

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Good !!

I upvote and follow you. Please follow me and upvote me.

Excellent news!

I believe that Steem is much more prosperous than most other cryptocurrencies because it provides a real value - while Bitcoins are mined by powerful computers solving otherwise usefulness algorithms, Steem is mined mostly by people posting enjoyable/informative/thoughtful content and discussing with other people. It is also much more stable since you can't sell everything you have even if you wanted to.

Cheers! : )

Correct!

Great news for Steem. I’m a little surprised xrp and bitcoin are rated a c.

Very good type / informations of raiting !

Glad that i followed you.. your posts content is very rich

Thank you @mihaisyblu for making a transfer to me for an upvote of 5.34% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?

This post has received a 12.33 % upvote from @aksdwi thanks to: @mihaisyblu.

You got a 2.65% upvote from @postpromoter courtesy of @mihaisyblu! Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

This post has received gratitude of 4.39 % from @appreciator thanks to: @mihaisyblu.

This post has received a 4.89 % upvote from @boomerang thanks to: @mihaisyblu