Weiss cryptocurrency report: Steem too cheap for Weiss, gets downgraded to a 'hold' (C), Good Counter-indicator?
Steem fell too sharp for the guys at Weiss cryptocurrency report. After telling people to buy at 8, 6 and 4 USD, they tell people now to hold at 1.95 USD. I guess with this log they will give Steem a D sell-rating when traders have brought the price down to 1.23 USD in 14 days.
Really curious: they left EOS at a B buy-rating as EOS has chosen to eliminate transaction fees. They have exactly the same system like Steem in this regard... so why not give Steem at least a B-Rating as well?? Both EOS and Steem have fallen considerably...
After seeing this downgrade in Steem in this report I would consider the guys at Weiss cryptocurrency report as a great Counter-indicator.
So when they tell everybody to sell the Steem bought because of their recommendation at 8, 6 or 4 USD for 1.23 USD, one should consider buying... Weiss would have trashed a lot of their investors money by 70-90% losses...
I would not even watch that shit list anymore... pathetic...
Disclamer: This is no investment advice, just my opinion.
lol buy high sell low... nothing has changed but the price action. I can officially no longer take their ratings seriously.
Exactly!
I agree with you and i add that there is no advice in crypto investiment ..The chance has the highest part..
Yeah... the only thing one can say with absolute certainty is that the market as a whole will see new heights... but it is nearly impossible to say where the herd might go for sure...
they can do anything and their ranking change each day i don't look into that much they can't influence
the only coin which is too cheap right now is steem good time to buy
they could downgrade it more if they love to hahah but they can't break our trust