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

coinbase-crypto-delisting

Coinbase Crypto Delisting Includes 4 Cryptocurrencies From The Wallet

Coinbase crypto delisting is a major event at the end of this year. On Tuesday, …

AdBlock Detected

Looks like you are using an ad-blocking browser extension. We request you to whitelist our website on the ad-blocking extension and refresh your browser to view the content.