Good evening to you and yours ✋🏻:
I received many questions about the $BIO currency.
Shall we wait?
Do you advise us to buy?
I am a buyer, do you advise me to sell?
Good people, the issue of buying and selling any currency is your responsibility. Do not seek advice from anyone because in the end, you entered this currency, which means that you are confident, aware and understand that it is a good opportunity. Otherwise, you would not have entered, right?
Also, the currency has not completed a month yet!
Calm down for those who want to sell and those who are thinking of buying, wrong!!!
Anyway, I repeat again that this field is dangerous. You are 100% responsible for any decisions you make. That is why we tell you to research, read, and investigate. Do not come listening and make a mistake!!
The important thing is to explain an illustrative strategy for long-term investment, which clarifies and teaches you how you can make a decision to sell or buy this currency or other currencies.
♦ In this picture, we have a price movement:
As the movement is clear on the monthly frame so that we can get a complete picture, the orange arrow shows the upward path of the currency ⬆️ in the beginning, and this is the case with any currency at the beginning if there is high demand for it "Demand" or in short, its project had a strong start, you will notice an increase in the currency, of course the prices are difficult to predict.
The purple arrow shows the downward movement after the currency reaches its maximum, and this movement is called the discount zone. In this zone, the price reaches the blue box shown in the picture.
This fund is a pool of liquidity. In this area, the decision to buy and invest in the currency lies in any amount that suits you, while managing the potential risks and strictly managing your capital.
This is known to both traders and investors. Traders make quick trades, unlike investors. They must enter from the lowest point of the currency and wait for it to rise, at which point they can benefit. Investment requires a small capital compared to trading. Its risks are also lower compared to trading, but its returns are lower compared to trading. You decide what is best for you.
One last note, buy from the lowest point and sell from the highest point, because I saw many of you buying the currency from above! Hi, does this rise that you are hoping for give you more than the value that the currency has reached?
Finally, this was an explanation of how you can make investment decisions without losing your capital!