Definition of BTFD

What does the term "BTFD" mean? What is meant by the term "BTFD"?

In the world of trading and investing, "BTFD" refers to "Buy the F'ing Dip".

Over the past few years, BTFD has been screamed by people who owned things like cryptocurrencies (Bitcoin, Dogecoin, etc) and more speculative stocks like Gamestop and AMC, to name a few.

The meaning of the popular meme BTFD is explained.The idea is that hedge funds are conspiring to push these assets lower, and that retail traders should band together to "BTFD".

In reality, BTFD is a show of solidarity. It's the idea that any weakness in an asset is just temporary, and that if enough people join together to buy the weakness, the asset will soon shoot higher to new highs.

One issue, of course, is that if people are already heavily invested in an asset, there will be no money left to "buy the dip".

The term "buy the dip" has been around for decades, though it has been brought back to the mainstream via the "BTFD" term that has been minted by younger traders.

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