> 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

Learn how to open a long position in Marginly

### 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.&#x20;

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

1. Select a pool with the desired asset on the main screen of the app.&#x20;
2. Input margin amount (1), choose leverage (2) and press Long button (3)

<figure><img src="https://698120604-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQiFBW4qPpAjrKQaezZ3s%2Fuploads%2FTdvVHK4ADFFxgVZZwqM0%2FDoc%207.png?alt=media&amp;token=428f8469-5a49-467e-bd97-fe6efa5ca257" alt=""><figcaption></figcaption></figure>

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

<figure><img src="https://698120604-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQiFBW4qPpAjrKQaezZ3s%2Fuploads%2FRPL37HSCN8N22t2xe6TS%2FDoc%208.png?alt=media&amp;token=340d8f62-4ed9-47f9-8b75-fbe54a66c937" alt=""><figcaption></figcaption></figure>
