# Long

> A position that profits when the price goes up.

Canonical URL: https://fudfomo.co/glossary/long
Source: What The Block! Dictionary v1.0 (last updated 2026-04-25), browsable at https://wtb.fudfomo.co.

## Definition

Going long means buying an asset, or a contract that tracks it, in expectation that the price will rise. If the price goes up, you make money; if it falls, you lose. The opposite of going long is going short.

Most spot crypto holders are long by default just by owning the coin. Leverage can multiply both the size and the risk of a long position.

## Related terms

- [Short](https://fudfomo.co/glossary/short): A position that profits when the price goes down.
- [Leverage](https://fudfomo.co/glossary/leverage): Trading with borrowed funds, so a small move in the price has a much bigger effect on your position.
- [Perpetual Futures](https://fudfomo.co/glossary/perpetual-futures): A futures contract with no expiry date. Common in crypto, kept in line with the spot price by funding payments.
- [Futures](https://fudfomo.co/glossary/futures): A contract to buy or sell an asset at a fixed price on a future date.

## See the full catalogue

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