#OrderTypes101 Order Types 101 – How to Place Orders Without Crying After Buying?

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

🔹 Market Order – buy/sell immediately at market price. Fast, convenient... but can easily result in poor pricing.

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

🔹 Stop Order (Stop-Loss) – a type of order designed to protect your mindset. 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 execute at a fantasy bottom.

Use the right order – safe wallet, good sleep.