BDC is bottom dead center, or the lowest that the piston can go in the cyliner. As far as I can tell, the reason that it is suggested to put it at BDC when you're done running for the day is twofold. First, it's so that any unburnt fuel isn't trapped in the head space, and allows for any moisture to escape through the exhaust port. Second, and more importantly, BDC is the point where there is the most gap between the piston and cylinder. If the piston is at TDC and it cools, the cylinder might contract (from cooling) faster than the piston (due to different metals and their expansion differentials) and thus might deform the cylinder and cause premature wear, or cylinder deformation. I could be wrong, but that's what makes the most sense to me as to why it is recommended.
As to how to put it there, find TDC and rotate ithe flywheel180 (or there abouts). It doesn't have to be perfect, just pretty close. You can do it once and mark the flywheel. Then after that just put the markat the same place and it's at BDC.