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
Limit Order / Limit Buy / Limit Sell
Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached
Satoshi Nakamoto
The pseudoym used in publishing the Bitcoin Whitepaper. Identity is unknown.
Bullish
A term used to indicate positive sentiment towards the market or an asset, where investors believe that there will be upward price movement.
Relative Strength Index (RSI)
Relative Strength Index (RSI) is a popular technical indicator used to analyse financial markets. By charting the current and historical closing prices to evaluate overbought/oversold conditions, RSI oscillates between 0 - 100, with <30 indicating oversold and >70 indicating overbought.
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