Before you start reading the article, please go to @Sasha why NOT and vote in the CREATOR AWARDS nomination. This motivates me to create content for you and share my thoughts about the market, conduct experiments using various strategies.
It’s been exactly a month since I started investing in the Notcoin token, and the experience has been quite instructive. I follow a strategy of averaging on drawdowns, regularly buying coins, especially on days when the price drops below previous levels. This approach helps to minimize risks and improve the average value of the asset in my portfolio.
My approach to investing
Over the course of this year, I have continued to follow my strategy, not stopping even during periods of high volatility. For example, I track the days when I missed planned purchases and wait for favorable moments to invest at a more favorable price. Today is just such a day, and I have added tokens to my portfolio again. I expect that in the coming days there may be similar drawdowns, during which I also plan to make purchases.
This chart shows the average purchase price and the current situation of the asset.
Notcoin Current Performance
At the time of writing, the current price of Notcoin is $0.01112
with a 24-hour trading volume of $346,469,207. The token has declined slightly over the last 24 hours, by 0.57%, which I consider a great buying opportunity. Notcoin is ranked 57th by market cap on CoinMarketCap, with a total market cap of $1,149,150,747. There are 102,491,025,349 NOT tokens in circulation.
Conclusion
In the long term, my averaging strategy has proven to be effective in allowing me to profit even in volatile market conditions. I continue to monitor the price closely and am prepared to take advantage of any short-term declines to increase my position in Notcoin.
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