Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ESSENTIA - The Decentralised User Becomes a Reality
by
Branko
on 16/11/2018, 08:05:59 UTC
Unfortunately, the cryptocurrency market is subject to manipulation, so the fall of bitcoin affects the prices of Essentia. But I think that the launch of the project will change the situation.

Fall of bitcoin affecting price would be not much of a problem if rise of bitcoin would affect it too, but so far
it doesn't happen, so ESS just sinks more and more as time goes by
ESS is very much dependent on the value of Bitcoin because a slight drop in price also causes the ESS to depreciate. All other altcoins will also be affected. If you invest in ESS you should choose long-term investment because the risk will be limited and will help you make a profit when the market enters the uptrend.

1. I don't think you carefully read what I wrote in previous post
2. " All other altcoins will also be affected" - not true, #1 and #2 coins in my portfolio (XRP and CHT) are doing well, CHT launched week after
ESS and it was at 680% ROI yesterday https://www.coingecko.com/en/price_charts/countinghouse-fund/eur