What Does “Going Long” Mean In Crypto Trading

"Going long" in crypto trading refers to buying an asset with the expectation that its value will increase and then selling it at a higher price to make a profit. This is the opposite of "going short," which involves selling an asset you do not own with the expectation that its price will fall so that you can buy it back at a lower price and make a profit. To go long on a cryptocurrency, an investor would purchase the…