Weiss Ratings Surprises Bitcoin Investors, Says NOW is the Best Opportunity of the Year to Buy BTC
In a stunning turn of message, international rating agency Weiss Ratings, is now recommending this as the best time to buy Bitcoin through a series of tweets on December 11th, calling it cryptocurrency’s “least speculative investment.”
Weiss Ratings has always had a mixed opinion on Bitcoin, sometimes very negative, has now said Bitcoin is “here to stay.”
“(Bitcoin) is getting to such low levels that it’s becoming one of the best buy opportunities of the year.”
Earlier this year, Weiss’ Cryptocurrency Ratings gave it an average and disappointing ‘C+’ rating. Their latest recommendations contrasts with their previous speculations on its futures significantly, only just publishing November 29th why this crash was different and may not see a recovery.
Despite annalists boldly warning Bitcoin would lose half its market share to Ether by 2023 in September of this year, one joined by various other altcoin assets since, the architect of Weiss’ Crypto Ratings and price prediction model firmly states a belief that Bitcoin would “rise from the dead” in 2019.
In a video interview last week, Juan Villaverde said, “We’ve seen a lot of progress on the adoption side through 2018, and that pretty much guarantees that we will see a bull market again and Bitcoin will make new all-time highs again.”
In an interview with Bloomberg last week, Bitcoin.com CEO Roger Ver claimed he wished “all cryptocurrencies” well “if they’re trying to bring more economic freedom to the world by making (themselves) useful as currencies for the world.”
Weiss has stated that although they do not “agree with where BCH is going,” they believe Ver’s “heart is in the right place,” by propagating the use of cryptocurrency as currency.
“In spite of the controversies around him, he’s doing a lot to facilitate (cryptocurrency) adoption as money, not just a store of value,” Weiss Agency’s Tuesday tweet reads.
While we don’t agree with where #BCH is going, Roger Ver’s heart is in the right place. In spite of the controversies around him, he’s doing a lot to facilitate #cryptocurrency adoption as money, not just a store of value. #Respect https://t.co/7vTQ8itIpJ
— Weiss Crypto Ratings (@WeissCrypto) December 12, 2018