PSA (IMPORTANT) : Weiss Ratings Set to Grade Cryptocurrencies

Weiss Rating, one of Wall Street's big name rating agency, has decided to start rating cryptocurrencies as of January 24th, 2018.

Link

Now what does this mean to us and how will we be impacted by this event?

Wall street influence over crypto market

• Rating agencies will now be able to influence the market even further by issuing ratings report on specified coins
• Markets WILL move in the direction of rating reports

Which Coins will most likely be affected?

• From my perspective, All the major coins such as BTC, ETH, LTC, XRP, will be rated by Weiss on January 24th, 2017.
• In hindsight, All alt-coins will be affected as well.

What should we do?

• Everyone who has a position in crypto-currency is strongly advised to read over the Weiss report issued on January 24th, 2017.

Conclusion

BTC Getting a Buy/Hold Rating : Predicting a price movement in all markets.

BTC Getting a Sell Rating : Huge decline in all markets, Recovery to be expected in Mid-February.

Thank you all for reading this post.

Thecryptodude