1 min

Weiss Ratings Names 4 Cryptos NOT to Buy Including Auora Chain and Bitcoin Diamond

Avatar newsbtc 9 months ago

It’s Invest Diva’s  Kiana Danial https://www.investdiva.com/ with NewsBTC and here is your cryptocurrency update. Once again Weiss Cryptocurrency Ratings has published their assessment of some of the hottest cryptos for investors, but this time, they are pointing to four coins they believe you shouldn’t buy. In their recent ratings, they named Aurora Chain (AOA), Bitcoin Diamond (BCD), Credits (CS), and Mixin (XIN) as low-grade cryptos, with a rating below D+. On the news, Bitcoin Diamond which ranks 31 in terms of coin market cap dropped over 8% on Wednesday, and Credits, which ranks 197, dropped over 4 percent.  However, Aurora, ranking 59, and Mixin, ranking 107 showed minor change. Weiss Ratings reviews data points and indexes that measure key aspects of a coin’s features, such as technology, adoption, investment risk, and investment reward. Meanwhile, Weiss Ratings official Twitter account held a poll on the 11th of October, asking participants to vote for a crypto they think is best to buy below $1. Out of 5,725 votes, 64% chose Ripple’s XRP. Cardano came in second with 25% of the votes, Stellar got the third place with 8%, and IOTA finished last at 3%. Since you’ve watched this video till the end, let’s create a poll of our own. In the comments, name three cryptocurrencies in the top 100 that you think investors should buy while the markets are down. As always, invest responsibly, and subscribe for more updates.

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