Going long is a common investment strategy, which refers to buying when expecting the price of an asset to rise, and then selling for a profit after the price increases. Taking Crypto Assets as an example, the basic idea of going long is "buy low, sell high". Below are specific operation methods and precautions:
First of all, spot go long is the most basic way. You can directly purchase assets like BTC, ETH, etc. with fiat currency or stablecoins on compliant exchanges, then hold for the long term or wait to sell after a short-term pump. This method has relatively low risk, and the loss will not exceed the principal (not considering exchange risks in extreme market conditions).
Secondly, going long on leveraged contracts can amplify profits, but the risks are also higher. Choose the long direction on the contract platform and set the leverage multiple (such as 2x, 5x, 10x). Leverage means you only need to pay a portion of the margin to control a larger position; when prices rise, profits increase exponentially, but if they fall to a certain extent, it may trigger a liquidation, resulting in the margin going to zero. Therefore, it is essential to set stop-loss orders to manage risk.
Third, you can also indirectly go long through financial derivatives, such as purchasing Crypto Assets ETFs, call options, or bull certificates. These products are suitable for investors who are not familiar with direct trading, but it is necessary to understand the product rules and fee structures.
No matter which method you choose, you need to pay attention to the following points:
1. Research market trends and fundamentals to assess the likelihood of price rise;
2. Allocate funds reasonably to avoid over-investing;
3. Set take-profit and stop-loss points to timely lock in profits or reduce losses;
4. Stay calm and avoid making impulsive decisions influenced by emotions.
Remember, any investment carries risks, especially in the crypto assets market which is highly volatile, so be sure to operate carefully.
Which type of go long strategy are you more interested in? I can provide a more detailed operational guide.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Going long is a common investment strategy, which refers to buying when expecting the price of an asset to rise, and then selling for a profit after the price increases. Taking Crypto Assets as an example, the basic idea of going long is "buy low, sell high". Below are specific operation methods and precautions:
First of all, spot go long is the most basic way. You can directly purchase assets like BTC, ETH, etc. with fiat currency or stablecoins on compliant exchanges, then hold for the long term or wait to sell after a short-term pump. This method has relatively low risk, and the loss will not exceed the principal (not considering exchange risks in extreme market conditions).
Secondly, going long on leveraged contracts can amplify profits, but the risks are also higher. Choose the long direction on the contract platform and set the leverage multiple (such as 2x, 5x, 10x). Leverage means you only need to pay a portion of the margin to control a larger position; when prices rise, profits increase exponentially, but if they fall to a certain extent, it may trigger a liquidation, resulting in the margin going to zero. Therefore, it is essential to set stop-loss orders to manage risk.
Third, you can also indirectly go long through financial derivatives, such as purchasing Crypto Assets ETFs, call options, or bull certificates. These products are suitable for investors who are not familiar with direct trading, but it is necessary to understand the product rules and fee structures.
No matter which method you choose, you need to pay attention to the following points:
1. Research market trends and fundamentals to assess the likelihood of price rise;
2. Allocate funds reasonably to avoid over-investing;
3. Set take-profit and stop-loss points to timely lock in profits or reduce losses;
4. Stay calm and avoid making impulsive decisions influenced by emotions.
Remember, any investment carries risks, especially in the crypto assets market which is highly volatile, so be sure to operate carefully.
Which type of go long strategy are you more interested in? I can provide a more detailed operational guide.