#CryptoSecurity101 The types of orders form the way you execute your cryptocurrency transactions. Market orders buy/sell immediately at the current price, ideal for quick trades in highly liquid markets like BTC. Limit orders set a specific price, perfect for buying when prices drop or selling when targets are met, for example, buying ETH at 3,000 USD. Stop-loss orders limit losses by selling at a predetermined price, such as capping a decline at 10%. Take-profit orders protect profits, for example, selling ADA at 2.50 USD. I prefer limit orders to control pricing. Once, I bought SOL at 150 USD with a limit order and set a take-profit order at 180 USD, ensuring profit. Use market orders for speed, limit orders for precision, and stop-loss orders for safety. Share your favorite order type!
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