📘 #OrderTypes101 – Know Before You Trade

When trading crypto (or any asset), the order type you choose matters. Here are the most common ones:

🟢 Market Order

Buy/sell immediately at the current market price.

✔️ Fast execution

❌ Slippage risk

🟠 Limit Order

Set the exact price you want to buy or sell at.

✔️ Price control

❌ Might not execute if price isn’t hit

🔴 Stop-Loss Order

Auto-sell when price drops to a certain level.

✔️ Protects against losses

❌ Can trigger early in volatile markets

🔵 Take-Profit Order

Auto-sell when price rises to a certain level.

✔️ Locks in gains

❌ Might miss further upside

🎯 Pro tip: Smart traders use combinations to balance risk & reward.

Which order type do you use most?

#CryptoTrading. #DeFi: #CryptoBasic #Crypto101