Yeah. Hey, guys, And welcome to daily crypto tips. By definition today, I want to talk about one of the worst pieces of advice given two newbies, and that is to buy the dip. And the follow up to that horrible advice is that if the market moves lower, you're getting a discount and to just buy more and more. It's amazing to me how many people think this is good advice for new bees. In reality, this is for experienced traders only recently Bitcoin at an All-Time high of around 69 K and then adapt to just under 63 K, where I saw influences with hundreds of thousands of followers screaming by the dip. And since then, Bitcoin has sold off another 40% to where we are now. So unless you know the difference between a dip and the start of a downturn, it's not so smart to just buy the dip. If you put all your funds into that, but then you'd have nothing to buy. Now the prices are significantly lower, and, depending on the size of your by, you might be an emotional after getting a 40% haircut. Because of the institutional buying and the launch of Bitcoin Futures e T f. The markets are more heavily influenced by traditional market factors than ever before. The institutional trader doesn't give a fuck. Bitcoin is the future because they have to answer to investors. And when the bigger picture flips Barish, it's time to close those massive long positions. And that's that. I hate to flog a dead horse here, but if you don't want to learn the different factors the influence markets, then your best bet is still gonna cost averaging. Cheers, guys, every weekend and we'll be back on Monday, yeah.

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