What is a long strategy?

A long trade buys tokens that are expected to increase in value at a lower price so you can sell them later at a higher price.

Example:

Pair: USDT-BTC

You expect Bitcoin (BTC) to grow in price. Crypto bot buys some BTC and puts take profit order according to your take profit % and includes the fee.

It waits until BTC’s price reaches the calculated target and sells it back.

As a result you get more USDT coins.

Note: to start a long strategy trading bot, you need to have quote coin on your balance. (USDT in this case).