Personally, I feel there should be an increased regulatory body which will help people like me not to be scared.
That is the game. If people were that smart, then everyone will be making money from this. People are only afraid of things that they can't understand. If you get used to it then it's a piece of cake. How do you think people get mastery over anything? You have to just go with the flow and learn it yourself.
There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie, though.
Imagine going to work on the first day. You don't get used to anything in an instant. Once you try it, it may seem complicated in the first time. But after sometime, you will get used to it anyway. Those who lacks the desire to explore will never learn and will always depend on other people. And eventually will forget about it. So whatever you learn by yourself, you will remember it no matter what. Even after a long time gap, when you will see it again you will get it instantly. Widen your vision and try to learn it all by yourself. And last thing, Bitcoin is improving every day and evolving. So don't worry about it.
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come
It is possible in some way, but I doubt it will be the case in the future. People earn profits taking advantage of Bitcoin's volatile nature. But if it does, it will be interesting to see what happens.