Buy the F***in Dip (BTFD)
By CoinGecko | Updated on Mar 03, 2020
An encouraging rally by asset/cryptocurrency supporters to buy during a price decline
BTFD is not so much of a trading or investment strategy - it is more similar to a battle cry or used by investors to signal their bullishness on a particular asset.
Related Terms
Token Generation Event (TGE)
An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.
Miners
Contributors to a blockchain taking part in the process of mining.
Pre-sale
A typically exclusive token sale event preceding a public ICO
Lightning Network
It is the "second layer" or an off-chain of payment protocol that operates on top of a blockchain. Payments on this network do not need block confirmation and it will be instant.
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