The invention provides a method for preparing polyfluortetraethylene dispersion resin. In the method, ammonium persulfate-peroxysuccinic acid is taken as a composite initiator, and polymerized tetrafluoroethylene is dispersed in an aqueous medium; and the ratio of the ammonium persulfate to the peroxysuccinic acid in the composite initiator is 1:(10-200). By adopting the preparation method, under the synergic action of the ammonium persulfate-peroxysuccinic acid serving as the composite initiator, the decomposition rate of the initiator is effectively controlled and compensated, the number of produced free radicals is balanced, chain initiation speed and chain growth speed can be increased, a tetrafluoroethylene polymer with a high molecular weight and low molecular weight dispersity can be obtained, and the obtained resin has high pushing and extruding performance; the reaction speed is temperate, a small quantity of emulsion breaking materials is used in polymerization fluid, and the inner wall of a reaction kettle is clean after discharging at the end of a reaction; and a cleaning process is not required during aftertreatment, so that labor force and hydroelectric resources are saved, cost is saved, product performance is improved, and situations such as yellowing, cracking and the like of an extruding pipe do not exist.