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BTFD

BTFD is an acronym for “Buy The F***ing Dip”. It is a slang term in crypto trading that suggests buying an asset when its price has experienced a sudden drop or dip, in the hopes of profiting when the price bounces back up. It reflects the belief that market fluctuations, even sharp downturns, can often present buying opportunities for traders who are willing to take risks and capitalize on short-term price movements.

The exact origins of the “BTFD” meme in crypto trading are unclear, but it has been in circulation in online forums and social media platforms since at least 2015. The popularity of the meme increased during the crypto bull run of late 2017, and it has continued to be a popular phrase among traders and investors in the crypto community.

  • Proof of Stake (PoS)
    Proof of stake is a consensus mechanism used in some cryptocurrencies, in contrast to proof of work used by BitcoinBitcoin is like a digital treasure that you can use to buy things online. It's like having a secret code that only you know, and... More. In proof of stake, instead of miners competing to solve […]
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  • Bid Price
    The bid priceThe bid price is the highest price that a buyer is willing to pay for a particular asset, such as a cryptocurrency, at a given... More is the highest price that a buyer is willing to pay for a particular asset, such as a cryptocurrencyCryptocurrency is a digital or virtual currency that uses […]
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  • Application Programming Interface (API)
    An API, or Application Programming Interface, is a set of protocols and tools for building software applications. In the context of cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized technology called blockchain... More exchanges, APIs are interfaces that allow third-party developers […]
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