> For the complete documentation index, see [llms.txt](https://docs.marginly.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.marginly.com/app/how-to/open-a-long-position.md).

# Open a Long Position

### About

Taking a long position means you are betting on a price increase. In this case a loan is taken out in a stablecoin (or other quote asset) to buy more of the asset with the goal of making a profit when the price moves up. 

### **Step-by-step guide**

1. Select a pool with the desired asset on the main screen of the app. 
2. Input margin amount (1), choose leverage (2) and press Long button (3)

<figure><img src="/files/L3E37mdQdfOgchhvs3FJ" alt=""><figcaption></figcaption></figure>

3. Sign transaction in wallet
4. Receive confirmation&#x20;

<figure><img src="/files/Iw5e9ykBMrCXct1ASIXA" alt=""><figcaption></figcaption></figure>