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What is a long position in crypto trading?

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A long position in crypto trading refers to the act of buying a cryptocurrency with the expectation that its price will increase over time. Traders who take long positions believe that the value of the cryptocurrency will rise, allowing them to sell it at a higher price in the future to make a profit.
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A long position in crypto trading refers to the act of buying a cryptocurrency with the expectation that its price will increase in the future. Traders who take long positions believe that the value of the cryptocurrency will rise, enabling them to sell it later at a higher price to make a profit.
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