A few days ago I covered the announcement of Weiss cryptocurrency ratings. Right on time, Weiss delivered some of its first ratings today and surprised a lot of cryptocoin investors. The most startling news is that Weiss awarded Ethereum a grade of B while the granddaddy of all cryptocoins – Bitcoin – came up short with a C+.
Possibly sensing outrage and perhaps imagining crowds of angry people at their offices with torches and pitchforks, Weiss Cryptocurrency Ratings immediately explained their reasoning; “… (Bitcoin) is encountering major network bottlenecks, causing delays and high transactions costs.” My interpretation of this Bitcoin C+ rating is that it can quickly be upgraded to A if the Lightning Network becomes reality.
Weiss Cryptocurrency Ratings are currently available for 74 cryptocoins with more coins to be added on a regular bass. Digital currency grades run from as high as A to the lowest being a D far as far as I saw. It’s fair to say that any cryptocoin that doesn’t make the cut to be included in Weiss Cryptocurrency Ratings is probably a coin that should be avoided for a number of different reasons. Every grade awarded is accompanied by an explanation behind their reasoning.
Other features of Weiss Cryptocurrency Ratings include:
- Immediate access to all of their cryptocurrency ratings
- Weekly updates & commentary on various cryptocurrencies.
- Flash alerts of breaking news cryptocoin investors need to know
The Weiss Cryptocurrency Ratings services is priced at $936 per year which I think is a damned good deal considering how much money and heartache Weiss ratings can save you. For a limited time, Weiss is offering their service half-price to early visitors. Weiss Ratings is taking a lot of the guesswork out of selecting cryptocoin investments which makes it an indispensable research tool.
According to Weiss Ratings “The primary goal of the Weiss Cryptocurrency Ratings is to help protect investors from risk, while leading them to the most sustainable, robust cryptocurrencies.”
As far as I’m concerned you’re not a serious cryptocoin investor if you’re not a subscriber to Weiss cryptocurrency ratings.