Long
Table of contents
In trading, a Long position refers to buying an asset with the expectation that its price will rise. The goal is to sell the asset later at a higher price for a profit.
How It Works
When traders go long, they purchase an asset (like cryptocurrency or stocks) and hold onto it, betting on price appreciation. If the price rises, they can sell for a profit. Going long is a common strategy in both traditional and crypto markets.
Why It Matters
Going long is a fundamental strategy for investors aiming for price growth. It allows traders to profit from bullish market conditions, making it a key tactic in speculation and investing.