High fees is the most scariest thing I ever seen. If I will repay my loans through bitcoin, I always think of how will I pay without without consuming a lot. Actually, you won't realize that the fee is too high if you paid only 1-2 dollars. But when you see that it goes 10 dollars above. You'll definitely be scared. In fact, it is problem to me because the interests plus fees in my transactions are really high. That is why I don't want anymore to loan using btc because it will kill my funds.
not really advisable because if you have funds as collateral, where most lending are asking you to have, it is better to work on your funds rather than ask from them. because in the long run, lenders are just getting rich and you, as a customer, is still in deep debt. maybe, you have other options to get your needed money, but from what im seeing in lending platforms, really not pro-user.
People love the market pumping of bitcoin value, but they always require the transaction fee to remain same. At times due to large congestion of transactions getting on the network there'll be confirmation of transaction for the one with higher transaction fee. Similar situation has taken place several times in the past, and the gradual decrease takes place. We need to be prepared and accept.
if you want to avoid high tx fees, you can always check the mempool activity and just make a tx when it's not too congested. but of course, sometimes we dont have the luxury to wait.
