Going Long

    0
    17

    Going long is a term used to describe when an investor purchases an asset with the assumption that the asset price is likely to rise in the future. Also called a long position, going long is the action of an investor with bullish expectations about a given asset. Going long on bitcoin means purchasing bitcoin because the price is believed to rise in the near future. The opposite of going long is going short.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here