$NOT First I would like to tell you about an experience that happened to me. On one occasion a long time ago when I was a newbie, a token that was going to be listed caught my attention, if I'm honest I don't remember what it was (but I do remember the lesson he taught me), it was going to be listed at what was the time in my country approximately 5-6 am, so I set several alarms to wake up and buy "many tokens" at a good price.
Several errors, starting with the fact that one cannot determine that one is going to buy many tokens because we do not know the price. My investment would be $100, of course I was a newbie but at least I wasn't stupid enough to invest more.
I waited in the spot tab with my $100 to make the purchase as soon as the timer hit 0:00:00. As a summary I can tell you that the pump of the token was more than $15 if I remember correctly and at the time of purchasing, the purchase was executed at the highest point of the graph, obviously I bought super expensive🤣, when the purchase was executed and I went to my portfolio to see my tokens, super happy I realized that my $100 was already like $68.
The first thing I did was go look at the chart to see what had happened to the price and the token in that same minute had fallen below $6, my first thought was to sell at that moment, another mistake, because you should never sell at a loss, so I waited another while and it was worse because the price fell more, in the end I ended up selling with more than $60 at a loss.
What did I learn that day?
1) Never buy freshly listed.
2) Do not sell at a loss.
3) Don't buy because of FOMO or because you like the cover of the token (and I really liked the cover of the token).
4) Don't despair because things don't go as you imagined.
5) Do not invest so much money in unknown projects.
Those who follow me will know that several times I have said that I am not a spot trader, and it is because one of the times I dared, I came out losing, that at the end of the day this is like that, it is a matter of probabilities, but you are going to have more chances of lose if you do things wrong and impulsively.
When Not was listed it didn't catch my attention, 2 days passed and I looked at the price of Not, it was at $0.007, I looked at the chart out of the corner of my eye and bought 7k not, which at that price was $50, today Not has a price of $0.004, I do not feel desperate or nervous about my investment, little money or a lot we must accept responsibility for our actions.
If we go to the Not graph we can see that it has done nothing but go down and down, plus it is a weekend, on weekends the majority of the market turns red. Apparently it stopped at the low $0.004523, if this weekend it manages to stay above that low, we could determine that area as support. In terms of bullish attitudes, Not completely lacks bullish attitude, in the event that it starts to rise, and taking into account the slowness of the candles and the price movement, I would say that it can touch $0.0054 and beyond to overcome it, take it as resistance, if that happens and it manages to break that resistance, I would like it to go up and manipulate the last bullish candle that is seen in the image, but honestly I do not see a future for Not, it is worse than Ena, and worse than some memes that are on the market.
