Longing (Long Position)

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Longing (Long Position)

What is Longing (Long Position)?

When an investor takes a long position, they are gaining exposure to the cryptocurrency market with the hope that prices will climb in the future, allowing them to sell the asset for a profit.

It is a short position’s complete antithesis. Here, traders employ techniques in an effort to profit on what they perceive to be an impending decline in the value of a digital asset.

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