What Is a Long Position?
A long position refers to an investment strategy where an investor acquires cryptocurrency with the expectation that its price will increase in the future, allowing them to sell the asset at a profit.
In some cases, individuals may find themselves in a long position unintentionally, such as when they forget about owning a particular cryptocurrency for an extended period and later discover its increased value.
Long and Short Positions
These instruments have gained popularity as the crypto markets have matured.
Long positions are more commonly taken by investors and cryptocurrency traders compared to short positions.
Going Long in Cryptocurrency
When indicators suggest an upcoming price increase, market participants can buy their chosen cryptocurrency on an exchange.
This milestone, combined with increased institutional interest and the perception of digital assets as a hedge against stock market volatility, attracted many traders to cryptocurrencies.