Post
Topic
Board Beginners & Help
Re: Unstable prices of cryptocurrency
by
Gladitorcomeback
on 18/12/2023, 11:53:31 UTC
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.

First of all you should know that there is no guarantee tha btc will always make green candle. As a newbie to investment you don't need to check your wallet again and again to check the status of your balance. When you choosed btc then nothing to be worried about and wait for best time to book profit.

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?

Your quantities of btc will remain always stable. the dump and pump you are experiencing are just because of price change. Don't worry btc will once again rise to your entry point and indeed more than this and you will then enjoy to see your wallet fund.