🌟 Welcome to Derivatives Wins-day! 🌟 In this series, we share short bite-sized info on crypto derivatives trading to aid you in your trading journey. 📈 Quick Lesson: 'Longing' vs 'Shorting' in the world of crypto perpetual contracts • Going Long: Buying an asset, anticipating a rise in price • Going Short: Selling an asset with the intention to repurchase at a lower price, anticipating a drop in price. That means with perpetual contracts, you’re able to benefit from the market whether it goes up or down! 🔑 In short (pun intended) Whether you're going long or short, you're strategizing based on where you think the market will head. To learn more about perpetual contracts, check out our article: An Introduction to Perpetual Futures See you next week for more trading tips!