I'm interested in learning about cryptocurrency trading, specifically how to go long or short on crypto. I want to understand the strategies and steps involved in both approaches.
5 answers
Andrea
Wed Dec 04 2024
Conversely, a short position is initiated through the selling of an asset.
EnchantedDreams
Wed Dec 04 2024
Cryptocurrency trading involves various strategies, one of which is initiating a long position.
JejuJoyfulHeartSoulMate
Wed Dec 04 2024
In most cases, the asset sold is borrowed, and the trader expects its price to decrease.
IncheonBlues
Wed Dec 04 2024
A long position is established when a trader purchases a cryptocurrency asset.
Bianca
Wed Dec 04 2024
The primary objective of taking a long position is to anticipate an increase in the asset's price.