#BIOOpenonBinance

I have read many posts from people in panic about the "Drop" of $BIO . But I believe it reflects the inexperience in the Crypto market.

I will give some tips that I learned the hard way (by making my own mistakes):

⛔ In a token launch, NEVER! buy in the first few seconds and especially not with a "Market" type order. It is most likely that the order will be executed at the ATH (the peak of the first bar on the chart)

⛔ Never buy 100% of the money available in your wallet, only buy small percentages of the token, this will allow you to make rebuys and average the price.

⛔⛔ If you make the first two mistakes, you will be like the person in the image of this post.

What do people in panic usually do? sell at a loss and generate FUD.

What to do?

✅ Watch how the token behaves in the first minutes, even hours, and buy a small percentage of our wallet when we consider that the token has already made the first correction.

✅ If the project is good, hold and forget about the investment.

✅ If we only want to take profits, wait for a new rise and simply sell. If the token continues to fall, make small rebuys (to average the price) and when in profit, exit 💨.

I hope to read your own experiences and tips or if there is simply something wrong with mine, let me know.

Cheers! 🍻