Crypto investing continues to evolve rapidly. The speed at which this relatively new technology is infiltrating the globe is pretty astounding. Weiss Crypto Ratings reduce risk and improve your odds at crypto investing success.
Investors are attracted to the crypto market for various reasons, but there’s always a great need for quality research and analysis.
There’s a solid resource out there for both veteran crypto investors and new participants alike. The rating agency, Weiss Crypto Ratings, provides a load of information and resources for the crypto world while attempting to remain totally independent from issuers and sponsors.
Weiss Ratings Since 1971
Since 1971, Weiss Ratings has provided complete objectivity, high ethics, and strict independence in financial markets. They have rated over 53,000 institutions and investments such as stocks, ETFs, U.S. banks, insurance companies, credit unions, and now, cryptocurrencies.
Since 2018, through the Weiss Cryptocurrency Ratings, the company has provided the first complete ratings on virtually every cryptocurrency in existence. By analyzing thousands of data points on each coin’s technology, Weiss Crypto Ratings attempts to deliver much-needed clarity to identify solid crypto information to help investors make better decisions.
The Weiss Ratings founder, Martin Weiss, began his career by rating banks for high net worth investors. He quickly established a reputation for objectivity. Later, Dr. Weiss would begin rating U.S. life and health insurers. His doctoral degree in cultural anthropology from Columbia University has helped Martin follow his passion for the evolution of money. And now that evolution is moving into the next phase and the cryptocurrency asset class.
Weiss Ratings for a Paradigm Shift
Weiss Crypto Ratings believes the potential is enormous for cryptocurrencies and blockchain technology to become a powerful force for investors and consumers in the coming years. Using crypto as a popular store of value will continue to gain momentum, and rating agencies with the strictest independence will be as important as ever.
Both investors and consumers need to stay informed and access impartial information so they can make important decisions. As one of the only financial ratings agencies in crypto, Weiss is perfectly positioned to offer this service.
By providing transparency, full disclosure, and objective standards, Weiss Crypto Ratings and its team of analysts have developed a system to help investors avoid both the hype and the fear of what can sometimes be an extremely volatile landscape.
The Weiss Crypto Ratings Scale
The Weiss Ratings Scale consists of letter grades for each coin or token based on various factors. “A” grade for excellent, “B” grade for good, “C” grade for fair, “D” grade for weak, and an “E” grade for very weak. There is also an “F” grade applied to the coin or token which have failed or is suspected of fraud.
The goal is to provide ratings for crypto based on each coin or token’s ability to survive long-term. The ratings are also a tool for consumers utilizing crypto to purchase goods and services and merchants accepting payment in crypto.
Although Weiss crypto ratings are formulated by industry analysis dedicated to providing the absolute best guidance possible, there are always important caveats to keep in mind. First and foremost, the ratings are not investment advice, and past performance is no assurance of future outcomes. Crypto investing and all investing, for that matter, depends on each investor’s risk tolerance and unique financial situations.
Secondly, the Weiss Crypto Ratings do not follow the conventional rating agency scale “triple-A to single C” designations, where a “B” grade would be considered “junk.” Cryptocurrencies do not need to maintain an A rating for investment consideration; even a C grade is considered adequate for possible investment. Thirdly, the Weiss Crypto Ratings do not designate any coins or tokens as safe, risk-risk free investments.
Weiss Crypto Model
There are five components to the Weiss Crypto Ratings and critical advantages which set them apart. Current data on the currency’s underlying technology, adoption, risk, and momentum. Formulas converting data into comparable ratios. Sub-models to aggregate ratios to determine the success or failure of a potential investment in a particular currency.
Long-term and short-term potential success based on price patterns and the overall rating, which combines the Tech and Adoption Grade with the Market Performance Grade.
Weiss Ratings Services
Weiss Ratings began in 1971 with the mission to empower consumers, investors, and professionals to make quality decisions and avoid financial pitfalls. Their website provides enormous resources for investors, from stocks to ETFs to insurance companies; Weiss Ratings maintains strict independent analysis for investors.
A few unique services they offer are the Weiss Ratings Under the Radar Stocks report, where Weiss analysts generate a monthly report profiling stocks with the greatest profit potential.
They also offer a Safe Money Report, where users receive a monthly market overview and investment ideas. Another intriguing batch of reports by Weiss is the Super Crypto recommendations. Weiss has some of the broadest coverage of the cryptocurrency market that I’ve found.
The Weiss Resources
Tons of articles and resources can be found at WeissCrypto.com. The Weiss team has deep market analysis, from articles breaking down the intricacies of smart contracts to videos and bitcoin price action recaps.
Weiss goes beyond the crypto industry and also offers traditional mutual funds. The Weiss Alternative Multi-Strategy Fund provides returns with moderate volatility and reduced correlation to the bond and stock markets.
There can be much disagreement in crypto investing, but at Weiss, there’s a history of good investment decisions. With the long history of high quality Weiss research, they are the only financial rating agency that has covered such a diverse group of entities for so long.
In an interview with Hard Fork, Juan Villaverde from Weiss Crypto Ratings discussed two different approaches to rating crypto. The first approach is to consider the risk and reward of investing in the currency itself.
The second is to disregard the risk of investment and rate the crypto on its adoption merits only. “Investors must not ignore the risk of loss, which remains far higher in crypto markets than virtually any other asset class,” he says. “Thus, the overall Weiss Crypto Ratings, which include risk and reward factors, are lower than the Weiss Tech/Adoption grades.”
The Weiss Crypto Ratings Edge
There’s always a need for an independent and in-depth analysis of markets, especially in the current investing landscape. Whenever I find a solid resource such as Weiss Ratings, I’m excited to share it.
Applying the comprehensive analysis to new emerging technology like Bitcoin and cryptocurrency can be incredibly important if you’re venturing into these exciting yet potentially dangerous waters.
Always remember to do your own homework when it comes to investing, use the mountain of resources available to you to formulate your own conclusions, never invest more than you can afford to lose, and take full responsibility for your financial decisions. Investing is a journey that will continue for as long as you live. Be patient, diligent, and try to enjoy the ride.