Top 12 Weakest Cryptocurrencies.

in steemit •  7 years ago 

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This article will be short and to the point. Weiss Ratings released new crypto ratings, but instead of talking about the good cryptos, they sent out an email on the cryptos TO STAY AWAY FROM.

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So enjoy and keep in mind don’t buy these cryptos.49E44468-2633-4919-ADF5-995429039AEB.jpeg

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Did they explain why these were bad cryptocurrencies? How did they arrive at these scores?

Exactly

I'm confused? Do you know their eating criteria?

“Based on our ratings model, which considers each coin’s investor risk and reward plus technology and adoption fundamentals, coins with a Weiss Cryptocurrency Rating of D- or lower include the following 12:

Auraracoin (D-), Comet (E-), Electroneum (E+), Expanse (E), Gulden (D-), Matchpool (E), Magacoin (E-), Novacoin (E), PotCoin (D-), Quark (E-), Rise (D-) and SaluS (E-).

On the Weiss Ratings scale (from A to E), D is described as “weak,” and E is “very weak.” The plus and minus signs indicate the upper and lower third of each grade range, respectively.”

Gottcha, so they're looking at the projects as a whole. The fundamentals are bad for these projects is what I gather. Bad teams or poor ideas. Cool, that helps me out some. Thanks!

Wow .. Excellent Post. I like your post. Thanks for sharing.

I agree, just wrote a post myself about electroneum the other day! An E rating is being generous!

Total how many times of crytocurrency are there ?

Coinmatketcap.com lists over 1500 coins and tokens. That doesn't include coins that have not yet been listed on exchanges or have not met certain levels of trading volume yet.

Thank for the important information.

Thanks, will not go close to these cryptos.

Buena información, gracias!