#OrderTypes101

A combination of psychological and technical biases affecting order types is what makes the cryptocurrency market, and Bitcoin in particular, so successful. Traders' FOMO (fear of missing out) drives market orders, which frequently leads to extreme volatility. On the other hand, limit orders show traders' patience and smart positioning as they look for the best pricing among erratic price fluctuations. Stop orders use the biases of greed and fear to help control risk. News and social media amplify traders' euphoria and pessimism, causing sudden price movements. As a result, these order types show how logic and emotions interact in a market that is both highly psychological and data-driven.