One of the most common mistakes traders make when dealing with $BTC is letting emotions take control. Fear and greed often push people to buy high and sell low, which is the opposite of what successful traders do. Instead of following hype or panic, focus on having a clear trading strategy and stick to it. Another major error is neglecting proper risk management—never invest more than you can afford to lose. Overtrading is also a big pitfall; taking too many positions without strong setups can lead to consistent losses. Always use stop-loss orders to protect your capital and track your trades to learn from them.