#OrderTypes101

Order Types 101 – How to place orders to avoid crying after buying?”

In crypto, it's not just about “buying to get rich”, but placing the right type of order is what ensures longevity. Here are the 3 basic types of orders that every trader should know:

🔹 Market Order – buy/sell immediately at market price. Fast, convenient… but easy to get a bad price.

🔹 Limit Order – you choose the price, the exchange only executes when the market reaches that price. Placing early is profitable, placing late means… just watching.

🔹 Stop Order (Stop-Loss) – a type of order created to protect your psychology. If the price drops to the level you choose → it automatically sells. It sounds painful but it's better than burning your wallet.

Don't let FOMO make you hit market order when the price is at its peak.

Also, don't wait for a limit order to get filled at a dreamy bottom.

Use the right orders – safe wallet, good sleep.