This week I continued my strategy of investing in the Notcoin (NOT) token, allocating $10 each day to buy it. In doing so, I managed to buy $100 worth of tokens when the price dropped below $0.0073. The average price of my purchases is $0.01022, which is slightly higher than the current value of the token today.
Today, the price of Notcoin is $0.007561, with a daily trading volume of $68,668,310. Over the past 24 hours, Notcoin has fallen in price by 43%, significantly lowering its position in the cryptocurrency rankings. It currently ranks 75th according to CoinMarketCap, and the market capitalization is $774,773,011.
Despite these figures and the significant drop in the rate, I remain optimistic about the future of the token. Like many investors, I sometimes experience emotional fluctuations - when you see a significant price drop, there is a desire to actively trade and try to catch short-term trends. But I continue to adhere to my strategy of frequent purchases, which is focused on the long-term perspective and averaging the cost of tokens.
This "averaging" strategy helps me avoid making unnecessary emotional decisions. It is important to remember that the cryptocurrency market is unpredictable, and rapid price changes can make one want to act impulsively. However, I recognize that long-term investing, with consistent investment regardless of the current price, can yield good results in the future.
I continue to believe in Notcoin and that despite today's price decline, the token has potential for growth.
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