Grammatophyllum speciosum is the largest type of orchid and grows up to three meters in height. The world’s most expensive orchid, Shenzhen Nongke, sold for $200,000 at an auction in 2005 and is named after the university that developed it for eight years. Sri Lanka’s Kadupul flower, on the other hand, is considered the most priceless because it blooms just once a year in the night and withers before dawn breaks.

These orchids can be planted in orchid bark, moss or a mix (mixes might include bark, small rocks, moss, sponge rock, and even cork). Don’t even think about planting them in the soil. If your orchid is planted in bark you’ll need to water it more often than if it’s planted in moss. The bark will help the water drain with ease where the moss will hold the moisture longer. I prefer the bark or mixes which are predominantly bark because the watering is much easier for me to get right.

Cymbidium carry tall stems with many flowers that have a more typical orchid shape. They are easily identified by their grassy leaves, and they readily form large clumps. Most common are the cool-flowering types, which need to experience a cooler winter (nights in the 40s for some time in the fall) in order to initiate flowering. Once the flowers open, they can last for up to two months or more, especially in a cool environment. These are very showy and rewarding plants, and a plant in a six-inch pot can carry three stems with 15 or more flowers each, depending on the type.

The Bulbophyllum orchid genus is the largest in the Orchidaceae family, with over 1800 species, making it the third largest genus of plants. (Taxonomists will probably eventually split it into several smaller genera, but with so many types of orchids it's a massive undertaking!) They differ widely in appearance, but all have a single leaf emerging from the top of the pseudobulb, flower stems coming from the bottom of the pseudobulb, and a hinged lip designed to tip insects against the column. Many are pollinated by flies, and stink like dung or rotting carcasses, which is a great conversation starter and gives you bragging rights for putting up with it! (They don't all stink, fortunately.) The rhizomes wander all over the place and often branch freely, so it's easy to grow an impressive specimen.
Asking me what types of orchids there are is like asking me what types of people there are. Well, there are tall and short people, smart people and not-so-smart people, introverts and extroverts, people with different skin colors, and people from different parts of the world. Likewise, you will find many different types of orchids—different colors, species and hybrids, miniature and standard-sized, all different genera from different parts of the world. So I will narrow the question a bit, and look at it in terms of the orchids you will likely to buy and grow.
If you love watering plants, this type of orchid is for you, because it can tolerate a lot of dampness and regular watering. In fact, this orchid loves water so much that it can even tolerate wet feet. The petals consist of little pouch-like shapes surrounded by a moustache, and it comes in colors that include light green, white, and light burgundy.

Phragmipedium: Phragmipedium orchids are interesting in that they are one of the few orchids to produce vibrant flowers in an intermediate environment. You see, normally it is the extremes of climate that produce the most interesting colors. But this type of orchid is great for you if you have a temperate and mild climate but desire bright blossoms.

Because these orchids are top-heavy with lots of blooms on each stem, this type of orchid often requires staking. There are over 1,000 species in this category, and they usually come in colors such as white, lavender, or yellow. One of its biggest advantages is the fact that it can grow almost anywhere, regardless of the zone you live in, and some of them keep their leaves all year long. They can also come in more than one color per bloom, which makes them especially attractive.
The Sobralia orchid genus grows ubiquitously in much of South and Central America; I've heard them called "ditchweed"! They have beautiful, short-lived flowers whose appearance is somewhat similar to a large Cattleya orchid. Flowers can be more than 6 inches (15cm) across in some species. The plants can get quite large, however, so you need to have enough space for them!
I can control the chances of overwatering by taking them to the sink and letting the water all drain out. That’s the way they get watered in nature as they’re growing on other plants and rocks and those showers blow through. Second, these are tropical plants which like cozy conditions when it comes to temperature. I can’t image they like frozen water melting into them!
Orchids of all types have also often been sought by collectors of both species and hybrids. Many hundreds of societies and clubs worldwide have been established. These can be small, local clubs, or larger, national organisations such as the American Orchid Society. Both serve to encourage cultivation and collection of orchids, but some go further by concentrating on conservation or research.