What Are Long and Short Positions in Crypto Trading?
Long and short positions are opposing strategies used by investors and traders to speculate on asset price movements
These strategies apply to traditional and crypto markets, offering opportunities for profit
In crypto, a long position starts with a purchase, anticipating price growth, while a short position begins with a sale, hoping for price decline
Close a short position by buying low to secure gains; exit a long position by selling high to lock in profits. Entry and exit points are crucial
Understanding long and short positions is vital for success in the unpredictable world of digital assets