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
MicroBitcoin (uBTC)
One millionth of a bitcoin or 0.000001 of a bitcoin. Microbitcoin is the abbreviation of uBTC and often misunderstood as the fork of Bitcoin.
Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
Distributed Ledger
Ledgers whose data is stored and synced across a network of nodes.
Node
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain
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