You are confusing 2 things
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After the 24 hours waiting period is up you have 1 hour to turn the setting on or you have to wait 24 hours again to have the opportunity to turn the setting on. This is not noted in any docs, I only heard this from another Lemmy thread where several ppl confirmed this happened to them.
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Once you turn the setting on you can select if you want it turned on for 7 days or forever.