Long Position

« Back to Glossary Index

The situation where an investor purchases a cryptocurrency bearing the expectation of selling it at a much higher price for a profit later is termed “Long”. From this comes the longing position that refers to the situation where an investor purchases a cryptocurrency or any other financial instrument for selling it later when the price shoots up.

« Back to Glossary Index

Check Also

bitcoin-dominance

Bitcoin Dominance: A Greater Aspect Of The Crypto Space

Bitcoin is the largest digital currency in the world as per market capitalization and demands …