The independent rating agency Weiss Ratings analyzed the cryptocurrency market and identified 12 digital currencies, the use of which is very risky for investors.
The 12 weakest included: Auroracoin, Comet, Electroneum, Expance, Gulden, Matchpool, Megacoin, Novacoin, PotCoin, Quark, Rise, SaluS. For comparative assessment, a scale from D (weak) to C (very weak) was introduced. The results can be found in the comparative table published on Weiss Ratings official website.
Martin Weiss, founder of Weiss Ratings, advises against investing large sums in the cryptocurrencies presented in the rating. He also notes that investing in a cryptocurrency whose rate is sharply rising is also not worth it.
If we talk about cryptocurrencies that can provide high returns, the analyst names not only Bitcoin, but also EOS and NEO.
The analyst summed up his report with advice not to store digital currencies on exchanges. Instead, you need to transfer all your digital capital to an electronic wallet, the key to which only you have.
Weiss also recommends appointing a trustee who can manage the owner’s capital in case of force majeure.
According to https://weisscryptocurrencyratings.com
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