What is long position?
Also known as: Going long
Definition
A long position profits when the price of the asset rises.
Buying Bitcoin on an exchange is a long position. So is opening a long perpetual futures contract. The loss on an unleveraged long is limited to what you paid; with leverage, the loss can reach your full margin through liquidation.
A portfolio that only holds longs only makes money in one direction of the market. See bidirectional exposure.
Related terms
General education only. Not financial advice.