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.