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
Block Reward
One of the mechanisms built into a blockchain to incentivize validators
Mt. Gox
Mtgox or Mt. Gox was one of the first websites where users could take part in fiat-to-bitcoin exchange (and vice versa).
Proof-of-Developer (PoD)
A concept of identifying the developers of a project as a means of vouching reputation for a project
State Channel
Secondary payment channel occuring off-chain
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