If your website link is on a nofollow page then it means that your link will not be crawled by SE. Though, it will give you some amount of traffic but it will not be considered a backlink in terms of google.
Wheras, Dofollow allow search engine to crawl links. Also, these links are considered as Backlinks.
Dofollow links affect ranking and traffic of your website.
Identifying Nofollow link:-
If you right click on the link and click on Properties then it will show you the message under the results which says "Relation: external nofollow". This mean that the link is Nofollow.
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