Is it Time to Sell $NOT at $0.03? A Guide for Newbies
Currently, $NOT is trading close to $0.03. Is it the right time to sell? This post is aimed at newcomers.
I own over a million $NOT coins, and as mentioned in my previous post, I don't plan to sell yet. My target is $0.045. However, the cryptocurrency market is highly volatile, and conditions can change within an hour, so you need to be prepared.
Regardless of when you bought $NOT, you should be in profit now. Should you sell?
To explore your options, click on #Not at the bottom of this post. Here’s how you can set a stop-limit sell order to minimize potential losses:
1. Click on 'Sell' in the menu.
2. Select 'Stop Limit'.
3. Set a stop price at $0.0218 and a limit price at $0.0214. When the price reaches $0.0218, a limit order will be placed to sell $NOT at $0.0214.
While the stop and limit prices can be the same, it’s generally safer to set the stop price higher than the limit price. If $NOT continues to rise, you can adjust your order. For example, if $NOT reaches $0.044, you can cancel the previous order and set new stop-limit and limit orders at $0.025 and $0.024, respectively.
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