Greetings @ziapirzada ,
You may have already addressed this, but perhaps others haven't.
It's going to depend on what you're going to do. Will you park it, do you have active content, or will it represent just an inactive domain?
Contact 24/7 Support to be sure the settings match what you intend to do.
I hope that helps,
Thomas D. - GoDaddy | Community Moderator
24/7 support available at x.co/247support