Unstable prices of cryptocurrency

[Issa56]

As a beginner, I bought Bitcoins few days ago when the price was $43,943 with the hope that since the price has been increasing rapidly, that it will continue to increase but now that the price is dipping I now found out that the Bitcoins in my wallet is also going down.

Maybe you don't remember the amount of bitcoin that you bought. If you purchase bitcoin, no matter how dip the market goes, what will be affected is the value of the bitcoin that you bought. The amount that you used to accumulate bitcoin will be the only thing dropping, and the number of bitcoins that you are holding will remain the same. If you are holding 1 bitcoin, no matter how bitcoin dumps or pumps, your 1 bitcoin will always be 1 bitcoin, it's not going to increase or decrease.

If you notice that the bitcoin that you are holding is dropping, then I will recommend you change where the bitcoin is being stored. Maybe someone already has access to where you store your bitcoin, and you don't know, it might be the person who is stealing from your bitcoin. So just notice the amount of bitcoin, if there is a deduction in the bitcoin, then change where it's stored.

As long as your assets while you're holding is in bitcoin and any other cryptocurrencies that are not stable, you're bound to see the fluctuations.

I think you don't really understand the OP. The OP is claiming that there is a deduction in his bitcoin and not the value. Even if there is fluctuation, the only thing that will fluctuate is the value of the bitcoin and not the amount of bitcoin in the wallet, so I guess the OP didn't really know the amount of bitcoin stored in the wallet, or maybe someone is taking from the bitcoin in the wallet, or maybe the op means the value of bitcoin is dropping and not the bitcoin.

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[tvplus006]

As a beginner, I bought Bitcoins few days ago when the price was $43,943 with the hope that since the price has been increasing rapidly, that it will continue to increase but now that the price is dipping I now found out that the Bitcoins in my wallet is also going down...

If the price of Bitcoin and other altcoins were stable, then it is unlikely that the crypto currency market would interest you. It is the volatility of the price that attracts investors to Bitcoin, the price of which can increase many times. But on the way to high, the price is necessarily adjusted and you, as a Bitcoin holder, need to know this.

[Taskford]

As a beginner, I bought Bitcoins few days ago when the price was $43,943 with the hope that since the price has been increasing rapidly, that it will continue to increase but now that the price is dipping I now found out that the Bitcoins in my wallet is also going down...

If the price of Bitcoin and other altcoins were stable, then it is unlikely that the crypto currency market would interest you. It is the volatility of the price that attracts investors to Bitcoin, the price of which can increase many times. But on the way to high, the price is necessarily adjusted and you, as a Bitcoin holder, need to know this.

Some think that if the price of bitcoin or alt is stable then its good for the whole crypto market but they don't realize that they lose an ability to earn with that and might they ignore bitcoin since for sure they would think about fiat is more better than this coin. We know how risky its volatility that's why we need to undergo a lot of research and experience so that we can deal with those risk and also there's a lot of crypto we can enjoy in this condition so we need to be aware on each movement or even follow the news so that we can possibly enjoy trading these coins. Research is only the important thing what people do so that they can gain a lot of knowledge and for sure they would love to see those pump and dump movement happened in the market.

[SOKO-DEKE]

As a beginner, I bought Bitcoins few days ago when the price was $43,943 with the hope that since the price has been increasing rapidly, that it will continue to increase but now that the price is dipping I now found out that the Bitcoins in my wallet is also going down.

The Bitcoin price is not stable; it is always fluctuating, and that is the reason why the price keeps changing, which is caused by demand, so the more people buying it, the higher the price will keep increasing, and if possible, they are not demanding but selling, that is how the Bitcoin price will be going down, and that was the reason why before you bought your Bitcoin it, the price was increasing. The unstable price of Bitcoin is what makes it an investment; if the price is stable, it wouldn't be called an investment, and people like demanding it that much.

Op I believe you should have know all these little things about Bitcoin before you invest in it or cryptocurrency. It is never a good idea to just invest in something that you don't have good knowledge all about because, in the process, you can easily get confused and likely follow the wrong direction, and with that you lose all your capital. Any investment is sweet if someone is knowledgeable about it.

[Franctoshi]

As a beginner, I bought Bitcoins few days ago when the price was $43,943 with the hope that since the price has been increasing rapidly, that it will continue to increase but now that the price is dipping I now found out that the Bitcoins in my wallet is also going down.

So my question is that can't it be possible for someone to buy bitcoins and hodl it at a specific price such that even if the price dips it won't affect the Bitcoins you have hodl in your wallet?

The value of your Bitcoin will only decrease against the US dollars while the amount or number of Bitcoin you have will remain the same.
Since Bitcoin is still priced against the US dollars, this will continue. Don't get too worried or bothered about the fluctuations you see in the price, for this is how the market works. Therefore, stomach the noise and focus on your target, whether it's 1 year, two years or above you won't have the price of Bitcoin still be sitting at the price you purchase today, especially now that we have a bull market ahead.

[Wakate]

As a beginner, I bought Bitcoins few days ago when the price was $43,943 with the hope that since the price has been increasing rapidly, that it will continue to increase but now that the price is dipping I now found out that the Bitcoins in my wallet is also going down.

So my question is that can't it be possible for someone to buy bitcoins and hodl it at a specific price such that even if the price dips it won't affect the Bitcoins you have hodl in your wallet?

The value of your Bitcoin will only decrease against the US dollars while the amount or number of Bitcoin you have will remain the same.
Since Bitcoin is still priced against the US dollars, this will continue. Don't get too worried or bothered about the fluctuations you see in the price, for this is how the market works. Therefore, stomach the noise and focus on your target, whether it's 1 year, two years or above you won't have the price of Bitcoin still be sitting at the price you purchase today, especially now that we have a bull market ahead.

We should not expect the price of Bitcoin to be stable looking at the nature of the market. The price of Bitcoin eventually becomes stable, it would affect the market entirely and people would not be able to trade in the market the way they ought to trade. There are many things that constitutes the market if only we know what truly moves the market. Bitcoin need to be unstable so that people will be able to trade it. If we don't trade Bitcoin, the price would not be able to go bullish like we ought to. Since we have stable coins that are stable, then we can trade it against Bitcoin coin for us to make profits from the market.

[Asiska02]

As a beginner, I bought Bitcoins few days ago when the price was $43,943 with the hope that since the price has been increasing rapidly, that it will continue to increase but now that the price is dipping I now found out that the Bitcoins in my wallet is also going down.

So my question is that can't it be possible for someone to buy bitcoins and hodl it at a specific price such that even if the price dips it won't affect the Bitcoins you have hodl in your wallet?

Bitcoin is a volatile asset and it can’t be hold in that manner. If you’re looking to keeping cryptocurrency without anything happening to the price you’ve used to purchase them, then you must convert all of your hodlings to stable coins. Asides from them, any coin you buy will either move up or go down depending on how the market volatility is affecting the prices. Switching between any other coin and stable coins is what most traders do to get short term profits.

[Promocodeudo]

You bought bitcoins because the price of bitcoins only increased but you may not have thought that the price of bitcoins will not only increase but may go down sometime. Markets never go in one direction, some times go up, some markets go down and that is the habit of the market. To catch, you bought Bitcoin at the time when the price of Bitcoin reached its highest level, hoping to make a profit, but unfortunately the price of Bitcoin is now slightly below your purchase price. There is nothing to be disheartened even if it is slightly lower than your purchase price as we have seen the market turn positive again since yesterday. Just be patient and hope the bitcoin market pleases you very soon.

Some people don't understand how the system works, bitcoin price must fluctuate because that's it's nature, I strong believe that this unstable nature of Bitcoin price has something to do with it's continues existence, but for sure when it come to btc you don't expect any less than this character, but the truth is that I won't blame the op because he us new in the system may be with time he will adapt, in money market generally, the unsteady price is a normal thing, that's is why the business is meant for people that have patience withstand whatever wave that may come in the process.

[Fara Chan]

Some people don't understand how the system works, bitcoin price must fluctuate because that's it's nature, I strong believe that this unstable nature of Bitcoin price has something to do with it's continues existence, but for sure when it come to btc you don't expect any less than this character, but the truth is that I won't blame the op because he us new in the system may be with time he will adapt, in money market generally, the unsteady price is a normal thing, that's is why the business is meant for people that have patience withstand whatever wave that may come in the process.

When you already understand this system and you see there are new people who still don't understand the system and the properties of Bitcoin. That's when you should give an explanation to the person so that he can better understand the market system and the nature of fluctuations in Bitcoin prices, although over time people like the OP will also understand if they continue to learn and be patient enough to see and deal with all the situations that occur in about the market and Bitcoin.

[Rockstarguy]

As a beginner, I bought Bitcoins few days ago when the price was $43,943 witcurrh the hope that since the price has been increasing rapidly, that it will continue to increase but now that the price is dipping I now found out that the Bitcoins in my wallet is also going down...

If the price of Bitcoin and other altcoins were stable, then it is unlikely that the crypto currency market would interest you. It is the volatility of the price that attracts investors to Bitcoin, the price of which can increase many times. But on the way to high, the price is necessarily adjusted and you, as a Bitcoin holder, need to know this.

Volatility is what makes bitcoin a standard currency with good value,  if their no volatility in bitcoin it will just be like other currency,  it won't be solving the problems of people financially.  Volatility is what makes bitcoin to be different from the traditional currency and the volatility is what interest people buy bitcoin and invest in it with time it will yield more profits.  A currency that is not volatile like bitcoin won't be a good one for people to invest their money.

Like the traditional currency which is not volatile like bitcoin it is not a good decision to have it and stock it in the bank for a long period of time , after some period of time it can lose value, but the case of bitcoin is different as the time counts it increases in value.