#OrderTypes101 Understanding different order types is crucial for any trader in the crypto space. Market orders are executed immediately at the current market price, making them ideal for quick buys or sells. Limit orders, on the other hand, allow you to set a specific price at which you want to buy or sell, giving more control but no guarantee of execution. Stop-limit orders combine both stop and limit features and are used for managing risk, especially during volatile markets. Knowing when and how to use each order type can significantly improve your trading strategy and protect your assets. Always plan your trades carefully!
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