# Long

When you open a <mark style="color:green;">**Long**</mark> position on <mark style="color:green;">**EasyX**</mark>, it means you are simulating the purchase of a specific cryptocurrency with the expectation that its value will rise. **In other words, you are betting on the price of the chosen asset to increase**.

To close the <mark style="color:green;">**Long**</mark> position, you simulate the sale of the same cryptocurrency. This means you are effectively exiting the trade and locking in any potential <mark style="color:green;">**profits**</mark> or <mark style="color:orange;">**losses**</mark> based on the difference between the buying and selling prices.

<figure><img src="https://2409618720-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FLeVxYGMCSgN2gnHGcfCk%2Fuploads%2F5MAeqNdqyaUSKaBPZ9tP%2Fimage.png?alt=media&#x26;token=74d4c166-4a09-4a05-ae0d-591a21c375fb" alt=""><figcaption></figcaption></figure>

**Opening a&#x20;**<mark style="color:green;">**Long**</mark>**&#x20;position on&#x20;**<mark style="color:green;">**EasyX**</mark>**&#x20;is like simulating the purchase of a cryptocurrency in the hope that its value will increase, and closing the position involves simulating the sale of the same asset to exit the trade.**

{% hint style="success" %} <mark style="color:green;">**Long**</mark> positions are profitable when the <mark style="color:green;">**Mark Price**</mark> of the asset is greater than the <mark style="color:green;">**Entry Price**</mark>.
{% endhint %}