Weiss Ratings: just hodl Bitcoin

Weiss Rating, analytical agency has observed 3,000 cryptocurrencies for to come up with some recommendations regarding investment strategy. The analysts believe it’s worth to hodl (don’t sell Bitcoin if one has invested in it) Bitcoin. This ratings agency is famous for its ratings it grants to various institutions of financial markets (banks and stocks) and it’s engaged in crypto related ratings is well.

crypto

The specialists advise among 111 rated cryptocurrencies to consider buying just four of them: XRP, Stellar (Lumens), EOS и Cardano. XRP and Stellar (Lumens) are considered to have high transactions speeds. Weiss Ratings praised EOS and Cardano as cryptocurrencies having vibrant communities and applications creation possibilities. All four has manifested that they gain mass adoption. For to rate 111 cryptocurrencies Weiss Ratings consider such factors as technology treaties, adoption pace, investment risk model evaluation and possibilities to earn recognizable profit from crypto investment.

Weiss Ratings has also previously predicted that “Bitcoin will lose 50% of its cryptocurrency market share to ETH within 5 years, due to it offering more uses and being backed with superior blockchain technology. We completely agree – unlike BTC, which is a one-trick pony, the limit of ETH’s application is sky itself.”

2018-11-02T22:00:47+00:00 2 November 2018|Tags: |0 Comments

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