14 Mar Martin Weiss’s 12 weakest cryptocurrencies
Martin Weiss shook the digital coin world briefly in January when he and his team released their controversial Weiss cryptocurrency rankings.
The rankings are based on solid analysis of cryptocurrencies, but the controversy erupted around the C+ rating given to bitcoin. Bitcoiners were offended at the low ranking and perceived slight.
Weiss is at it again with a list of rankings for his 12 weakest cryptocurrencies. Looking at the list, I doubt there will be any controversy because these are dogs that definitely won’t hunt.
Six cryptocurrency buying tips
Before he shares the list of cryptocurrency dogs, Weiss offers five practical tips when thinking about investing in digital coins:
- Don’t bet the farm: 5% of your liquid assets is a useful guide.
- Avoid parabolic surges: buy in small increments when the market is down.
- Research for bargains: the biggest cryptocurrencies don’t always have the highest return.
- Avoid the dogs: avoid the weakest cryptocurrencies with little hope of a return on your investment. See the list below.
- Keep cryptocurrencies off exchanges: store your digital coins in a wallet you control for safety and security.
- Appoint a successor: designate a trusted person to store your login credentials and keys for estate planning or in case of an emergency or mishap.
The following coins are from Weiss’s most recent newsletter and are ranked according to his proprietary rankings. Our editors have added a brief coin description, website link, price and March 14 price movement using Blockcoin Today’s Market Cap page to help you in your cryptocurrency research.
Coin Weiss Rank Mar 14 $ Mar 14 Trend
Auroracoin AUR D- $1.473526 -8.68%
Auroracoin is a currency that is not dependent on the present banking system and has its own independent value.
Comet CMT E- $0.099778 -21.10%
The idea of this new coin was born in late 2015, when we asked ourselves if operations with crypto-currency could be made easy for all people.
Electroneum ETN E+ $0.039873 -25.62%
Electroneum is the world’s first mobile cryptocurrency.
Expanse EXP E $1.877137 -26.75%
Expanse was built as a community-based project without an ICO, (Initial Coin Offering), and is blockchain agnostic. The idea is to use cutting-edge blockchain technology to build anything the community and team can imagine—using a Decentralized Autonomous Organization, (DAO), with a self-funded design to keep it truly decentralized.
Gulden NLG D- $0.091460 -11.25%
With Gulden you send money to each other, wire it to any IBAN account, pay at Gulden merchants and enjoy a very healthy return.
Matchpool GUP E $0.205641 -24.2%
Matchpool is a platform that incentivizes matchmakers to positively connect members of communities together.
Magacoin E- N/A N/A
Magacoin is the first cryptocurrency powered by brick wall technology. Every two minutes, another brick is added, coming together to form a great, great wall. By providing initial resistance to the oppressive globalist mining consortium, brick wall technology allows for a fair, democratic launch with even distribution of MAGA.
Novacoin NVC E $3.867115 -9.82%
Novacoin is the coin of the feature. It’s unique way of utilizing both Proof-of-Work and Proof-of-Stake for block generation with separated target limits make it stand out.
PotCoin POT D- $0.104337 -18.28%
PotCoin is an ultra-secure digital cryptocurrency, network and banking solution for the $100 billion global legal marijuana industry.
Quark QRK E- $0.012524 -2.84%
Quark is a cryptocurrency for online transactions.
Rise RISE D- $0.341134 -7.92%
Rise offers fast and secure wallets for every user. Whether you’re on Windows, Mac, Linux or a mobile device.
SaluS SLS E-. $73.89115 -11.71%%
SaluS is an experimental cryptocurrency based on an open source, decentralized blockchain.
While you’ll have to subscribe to the Weiss newsletter for detailed rankings and analysis, this is a great place to start researching cryptocurrencies and ICOs.
Editor’s note: Information on Blockcoin Today is not intended as investment advice. Please consult your own investment advisors for appropriate guidance and counsel.
Author: Jeff Domansky, Managing Editor