Hey everyone, I keep seeing "BTFD" all over crypto Twitter and Reddit, especially when prices are dropping. I get that it's some kind of buying strategy, but what does it actually stand for and when are you supposed to do it? Is this legit advice or just another meme?
Great question! BTFD stands for "Buy The F***ing Dip" – it's a pretty aggressive strategy where traders buy assets during sharp price declines, betting on a quick recovery. While it sounds simple, there's actually some strategy behind it regarding market psychology and timing. If you want a really clear breakdown of how and when to apply it (and the risks involved), Paybis has a solid explainer on BTFD meaning that covers everything from identifying genuine buying opportunities to avoiding catching falling knives https://paybis.com/blog/glossary/btfd/ . It helped me understand when this approach makes sense versus when it's just gambling.
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