I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
To make bitcoin stable, then bitcoin must have rules and regulations, meaning, bitcoin must be made legal already. But there would become many negative effects.
If you're worried about your payment just withdraw them and keep in your pocket.There's nothing we can do to stable the bitcoin its not in our hands its volatile bitcoin born to increase and decrease that's why bitcoin is decentralized.
Bitcoin is unstable and it will take a long to become stable just like fiat currency as we know that there is also fluctuation in the value of fiat currencies but they are stable.
On the other hand, crypto coins especially the Bitcoin is volatile and this volatility will reduce only if more participants for Bitcoin increases which mean that demand rate will increase. If more investments take place Bitcoin will gain more support and strength and hence will get stable.
Even if it become stable i am sure it will be useless then. in cryptocurrencies the main point is its volatile. If the price stable no one will make profit all will consider it as a currency with no control.