 Welcome to Digital Asset News. Take a top story. Cryptocurrency assets have a big amount of bite-sized pieces. So today, the news is the market. The market continues to take a little bit of a correction and a dip, but I just want to put some things into perspective and just to talk to you about some sound principles and just ask you the question, what's really changed? So we'll take a look at that. Also, I wanted to reiterate some of the information that I had posted yesterday, as far as the three reasons of why the market could potentially have crashed plus one more that we just found out about. And then finally, I want to talk about some positive news, which is Tether and Bitfinex reaching a settlement within New York Treasury General and how good that is for the entire market. So we'll take a look at all that. But first, I just want to say thank you to our sponsor, CryptoTrader.Tax. If you do not have a tax software, I highly recommend this one. 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Thanks so much for CryptoTrader. I really appreciate it as far as the promo. Let's talk about what the heck is going on with the market. So I woke up today and I thought to myself, well, it should probably be a little bit of a better day. But here we are and kind of down below. But I want to take you back, not too long ago, maybe three weeks ago, two weeks ago, actually. Remember when Bitcoin was about to bust through 50,000? Everybody was super excited. Like, oh, it's going to break through. And it did. And it went to like 52. Then we kind of hover around there, then 55. Why is it that we look at this and go, this is awful. The sky is falling. This will never go back. It doesn't really make sense, does it? If you take a look at this. So like Bitcoin right now is at 47,8. And some people was thinking, well, what's going to happen, you know, over the next week or two weeks, did we all really just hit a top? Are we going to go back down? And I have to tell you, I just don't see that happening. I'll explain it a bit. So what else is down? Well, the theorem is up a little bit, but it's still at 1564, coming down from a correction of 2000. Binance coin, hey, still magnificent run 227. But you can see over here on the far right hand where it says 24 hour change, we've got a lot of different huge drops. XRP, watch out, 14% down. Litecoin, 13% down. Chain link, 12%, 14%. I mean, everything's down for looking at the 24 hour change. Last hour, we're seeing a little bit of gains here and there, but not much. So the question you have to ask yourself then is, why? What happened? Did something change? Did Bitcoin get hacked? Was there a double spend? Was there a huge exchange that just lost all their other funds? Did Satoshi Nakamoto come out? And it was actually Gene Simmons. I mean, none of this has happened. It's just one of those days. So the question then becomes, well, why does this happen? And as I've gone through this, and I've talked about it before and actually talked about it yesterday, I don't really care. I mean, it is concerning that the market does go down. And this is why I'm always talking about dollar cost averaging. And when people talk to me and they say, Rob, you understand, this market is totally different than what you went through last time. Sure it is. Sure. There are no more greedy people out there. There are no more people that want to take profits. There are no more people that really don't believe in how high this can go and what's going to happen in the future. Or there's people that just want to hold forever. There either is or isn't more of those people. That's ridiculous. There is still the same people out there, and they're still on the same assumptions and the same things, even me. So you have to understand, as you look at these things and you talk to yourself, you talk to your friends, and they tell you all the things that are going on, you have to understand, not everybody's like you. Not everybody is just like, hey, you know what? I'm going to hold forever. I learned this lesson the hard way in 2017 when I thought to myself, there is no reason why we should go back to cash because the value of the dollar is dropping. So why would people go back to the dollar? Well, guess what they did? And then I thought to myself, well, why wouldn't anybody get out of Bitcoin or Ethereum or XRP? Because those are going to be great for cross-border transactions. They're going to save so much money. It's going to be great. And they still did. And then even as the infrastructure was being built, here we are again, and there's still people who are going to take profits. You have to understand that this isn't a zero-sum game. And there's still going to be a lot of people, or whales out there, who control a lot of the market. And the problem with whales, because they're still out there, is that you're going to see some big whale dump. And then that whale, who just dumped, has a buddy whale who's like, hey, what's Pete whale over there doing there? I'm Joe Whale. And he dumped. Maybe you know something I don't know. I better dump. Before you know it, Rosie Whale, she's like, I got to dump too. Then you got to hump back. And you got smaller people. All of a sudden, it's just a big chain effect. And then people start dumping like crazy. There is no reason why it should happen. I'm not here to tell you why it happens. I'm just telling you that it does happen. And as time goes on, hopefully there'll be less and less. I mean, the theory is that, hey, there's going to be so many institutions, there's going to be so many Michael sailors, there's going to be so many entities that are going to put this on their treasury and they're going to hold it. Well, like we talked before, if you're a publicly traded company and you don't own the majority of your shares, you got to answer those shareholders. And right now, I can tell you that Tesla, the shareholders are probably a little bit nervous because they're like, hmm, is this the dump before the all time highs? They're not thinking that. What they're thinking is, what the heck just happened? We just lost 20%. It just dumped or 10% or 50%, whatever it was. I came and tell you. And they're just thinking to themselves, we got to stop this. And then their voices are heard and off you go. So really just take it with a grain of salt and just kind of let it roll off your back. I want to remind you of the things that I'm doing. I can't tell you what you should do because I'm not a financial advisor. I'm just some guy who is just a simple investor. That's all I do. I'm just an investor. And I'm going to tell you the same thing I told you. I'm going to tell you the same thing today that I told you when I started this channel all the way back in December of 2019. It's a little bit over a year. Just dollar cost average. And then also when you see these big dips, or I'm going to dollar cost average, excuse me. And then when I see these big dips, I'm going to increase the amount of money that I put in during these dips if I feel that that token is going to go up and not retrace massively during the next big dip of 2022. So that would include projects like Cardano, projects like Polkadot, projects like Voyager, those types of things that my same portfolio always talk about. And that is it really. So again, don't be too distraught. This is why I know people talk about, we'll just go all in. You can go all in. And that works out pretty great because right now, if I was just getting in here and I want to get exposure, I'm not even thinking about going all in myself because I'm like, well, because I know what I know and I know where it's going to go. But you have to understand when people are new to this space and they're like, Oh, I'm going to put in my 500 bucks. And then all of a sudden they're like, what the heck just happened? Now it's only worth 400 bucks. And to them that doesn't seem like a legit opportunity because they just lost a ton of money. That's why I'm always like just dollar cost average. And it keeps people in here longer so they don't get so scared and they run off. And that's kind of why I think it's a basic strategy. Now later on, you can start to value cost average or go all in like my man Diddy did or Alex Becker who's been on the show. Yeah, you can do those things if you're, you know, really got some strong hands, you know, like, I'm going right now and this is the bottom and I'm going to do it. Sure. I'm just saying that there's different, different levels. Anyhow, let me know what you think about that piece. And let's move on to our next little piece that we can talk about. This was actually from yesterday. And there was three reasons why there was potentially a dip. One was that F2 pool dip, which was covered by over at George Crypto Zoras, always interesting guy. And yeah, that happened. I mean, they dumped in the market. So sure. Then we had the closing of the Asian or opening of Asian markets. And that was one piece. And then there was another piece that came about that was kind of was interesting, I would say. Well, there was two pieces. One was Elon Musk did a tweet, which I think that is ridiculous to even think about maybe a little bit, I guess. But then another one was that Janet Yellen, she's the Treasury Secretary. She made some negative comments about Bitcoin and people like, Oh, Janet Yellen, that's her job. That's her job. She's also said some things that we need to foster cryptocurrency as it will be one of the futures. So when you hear about these things about like a government official says something negative, first of all, read the whole story, watch the whole interview, because I can almost guarantee that a lot of times when they're saying these things, they just cut off a piece and they use that just for hype and clicks and views, which is dumb. So if you ever hear those try to get the whole story. That's why I always put the when I actually talk about a story, I put the link of where I got the story into the description so you can read it for yourself. And it's just, you know, I think that's just the best bet. Anyhow, these are the three, I guess the four reasons. But again, really just look at the fundamentals. Has anything changed? Has Bitcoin been hacked? Has there been a double spend? Has there been another mountain gox craziness or whatever? I don't think so. So let me take the comments section. And the last thing, let's talk about some good stuff. So Heather and Bitfinex, this is always a big, huge concern by people. I never really got it. I kind of got up not really. So people were worried that Tether, as they print Tether, they're supposed to back it up with a one US dollar. So for every one Tether that is printed, you're supposed to have one US dollar. And they were saying that that wasn't even remotely possible. And, you know, they were committing fraud. They were printing money. Well, the New York State Attorney General, you know, went to task with them, and they didn't find anything. And they just settled for 18 and a half million. So there's a couple caveats here. First of all, it's funny. I think it's funny goes, we admit to no wrongdoing, and we'll pay 18 and a half million to resolve the matter, which on two levels is like, well, if you didn't do anything wrong, then why don't you just fight it? You know, but here's the thing, I've been through lawsuits. And I can just tell you right now, it's way easier just to pay and just go, you know, whatever, just get out of my way so I can get my business done. And then let's just go because if we go to court, it's going to cost like 10 X of this. So whatever, just get out of my way, just get out of my way. So I can understand what I did. And people will say, well, if you weren't, you know, if you weren't wrong, then why did you pay? It's just easier that way. And it's just a simple solution like, I want to pay, sure, here's the money off I go. So this is going to open things up, especially like with Tether, because you'll see like a lot of minting. I think they just managed a ton of Tether right now, which is good for the crypto market. And this will just, you know, catapult us, I think to the next, I mean, throughout the bull run. And that's how I see it. All right. So that's it for today. I know it was a bit long winded about some different pieces. But again, has there anything changed? Nothing's really changed. If you're going to dollar cost average, I mean, that's on you. I dollar cost average, I increased what I put into, which was today, I put in the Pocodont and Voyager, I just increased it by 20% of my daily, what I actually put in for each day. So anyhow, that is it for today. Thanks so much for watching. If you liked the video, give it a thumbs up. It always helps with the algorithm. If you also consider subscribing because a lot of things we talk about are time sensitive. And that is all I will also put up two more videos left and right. What you do is magic. And that's it. So thanks so much. See you on the next one.