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
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
Rug Pull
Sudden removal of liquidity which typically leads to asset prices crashing from the lack of liquidity to absorb buy/sells.
Node
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain
Distributed Ledger
Ledgers whose data is stored and synced across a network of nodes.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.