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
Utility Token
cryptocurrency tokens with specific utilities on a network besides being used as medium of exchange and investment vehicle.
Difficulty
A relative measure on how difficult it is to correctly guess a new block
Explain Like I'm Five (ELI5)
To explain in such simple terms that even a five-year-old would be able to understand it.
Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.