What high gas fee have cost me

[Rikimaruu]

I know that some rich people don't care what ETH gas fee was saying in 2021 when BTC was surging but for me it cut me off some wonderful opportunities, the most painful one was shiba inu could have been one of the early buyers probably a big winner know but couldn't buy because shiba inu started its journey on ETH chain. . . there are actually few others so I started looking for tokens running on BSC chain only..imagine.

[tabas]

I know that some rich people don't care what ETH gas fee was saying in 2021 when BTC was surging but for me it cut me off some wonderful opportunities, the most painful one was shiba inu could have been one of the early buyers probably a big winner know but couldn't buy because shiba inu started its journey on ETH chain. . . there are actually few others so I started looking for tokens running on BSC chain only..imagine.

It's okay, what's already there is already there. The problem with the fees have been there. And due to that you've missed the pump and that's really a sad overturn.
As you're saying, you're already on your search for looking to those tokens that are into BSC. As long as it's supported with BSC and running into that blockchain or any other networks that have cheap fees, that's so much better.

[MAAManda]

I know that some rich people don't care what ETH gas fee was saying in 2021 when BTC was surging but for me it cut me off some wonderful opportunities, the most painful one was shiba inu could have been one of the early buyers probably a big winner know but couldn't buy because shiba inu started its journey on ETH chain. . . there are actually few others so I started looking for tokens running on BSC chain only..imagine.

It's true that the fees on the Ethereum network right now are very heavy on small players like you and like me, but I think this will only last for a while, we'll have Ethereum 2.0 with their full PoS in the future, based on what I've heard from people , the fees on the Ethereum network will be cheap with the new consensus.

With the current conditions on the Ethereum network, there are so many scam projects that are present on the BSC network, I hope you will not enter into scam projects that are on the BSC network.

[Johnyz]

I know that some rich people don't care what ETH gas fee was saying in 2021 when BTC was surging but for me it cut me off some wonderful opportunities, the most painful one was shiba inu could have been one of the early buyers probably a big winner know but couldn't buy because shiba inu started its journey on ETH chain. . . there are actually few others so I started looking for tokens running on BSC chain only..imagine.

There are some incidents before of paying huge fees even if you are just going to send small money and that has been a big concern with ETH since then, but until now they haven’t found any solution with that. Its ok to look for alternatives but seriously many still prefer ETH for some reason, just look for good tokens on any network.

[crzy]

BSC is a good option but there’s a lot fake tokens there so better to be careful. The fees with ETH is not that high anymore, you just need to have a good timing when doing your transactions, many are still using ETH because of good projects under its network. The fees might be a problem but we all know, ETH will remain on top because no altcoins yet that can replace ETH.

[X-ray]

I know that some rich people don't care what ETH gas fee was saying in 2021 when BTC was surging but for me it cut me off some wonderful opportunities, the most painful one was shiba inu could have been one of the early buyers probably a big winner know but couldn't buy because shiba inu started its journey on ETH chain. . .

So, are you feeling sad caused by ethereum fees? if you can pay the fees for the a shiba transaction during that time and that's more enough to give you bunch of money to replace your transaction fees. I thought that you must not blame the fees at that time. If you have no doubt to buy it and you will not care with the fees in the ethereum network. I should remind you that. So many people who believe shiba would be moon didn't care about this too.
Stop it and forget it. It will never make you come back at that time again. Life is going forward.

there are actually few others so I started looking for tokens running on BSC chain only..imagine.

too much shit scam token on BSC chain and i can't deny that if BSC chain has been using by almost all of shit scam token to launch their shitty token on BSC. that's why i avoid to deal with the BSC project these days coz many of them were shit token created by scammers.

[nakamura12]

That's very true. I was going to sell some of my altcoins/tokens but the total value of the tokens I have would only recover the total cost of the fee when you sell it. Even transferring tokens that runs on eth network would also cost you a lot. It really is heavy for small crypto enthusiast like me so, in the end I decided not to sell my tokens because if I sell it then it is the same as selling nothing. I managed to earn some eth when the gas fee is very low few years back and I could pay small amount for gas fee to buy, sell and trade tokens/altcoins.

[AmoreJaz]

That's very true. I was going to sell some of my altcoins/tokens but the total value of the tokens I have would only recover the total cost of the fee when you sell it. Even transferring tokens that runs on eth network would also cost you a lot. It really is heavy for small crypto enthusiast like me so, in the end I decided not to sell my tokens because if I sell it then it is the same as selling nothing. I managed to earn some eth when the gas fee is very low few years back and I could pay small amount for gas fee to buy, sell and trade tokens/altcoins.

this bottleneck in eth network gives a very good opportunity to other networks like bsc, sol, matic, ada and others to exploit this situation. which for me is actually good, as we are now seeing valuable projects even outside eth network. also, this will give more reason for eth dev team to fast track their progress in terms of reducing the gas fees.
small traders are affected by this gas fee problem. but right now, you can't do much but find alternative ways how to earn using other networks.

[evichi]

Ethereum high gas fee has been a source of concern especially since late 2020 till date. For one reason or the other, as a crypto enthusiast you will need to interface with Ethereum or it's associated token in your crypto business. For that reason, I think we should focus on how to manage the gas fees since the gas fees fluctuates, until the new consensus, Ethereum 2.0 comes to life. One of the ways to manage the high gas fee is too observe the gas fee graphs to check the best time to execute transaction, be it - swapping, sending out Ethereum or the associated token. Apart from such unavoidable circumstances, you should target to use BSC network for your crypto deals and trades. For example, these links (https://crypto.com/defi/dashboard/gas-fees;  https://blockchair.com/ethereum/charts/average-transaction-fee-usd?interval=1m) may be used to check when gas fee is low so as to carry out transaction. Some wallets, like Metamask can also display gas fees, when you want to carry out transaction. In such case, you monitor the fees and execute the transaction when the fee is low or within your budget.

[aruldaroy]

What is said is true too
People are getting more and more worried about Ethereum's high gas costs until now.
Like myself, I still want to sell my tokens from last year, but remember that gas is so expensive that's why until now I still keep my tokens.
Because it is also impossible for us to sell if it is only enough to cut the fee but there is no profit for us.

[DapanasFruit]

On my part, it cost me some money because there were tokens and coins that I could not just move easily into exchanges because the cost of doing so  was then so high that I decided never to do it until the tokens and coins got no more value as of today. Then there is a bounty that I could not claim because the cost of claiming is double than the value of the tokens I am entitled to. Many people considered Vitalik Buterin as a genius and I think he really is just for coming up with Ethereum which turned out to be the next in line with Bitcoin but for failure to come up with workable remedy for the high gas problem I think he should think deeper and do it fast.

[Kemarit]

I know that some rich people don't care what ETH gas fee was saying in 2021 when BTC was surging but for me it cut me off some wonderful opportunities, the most painful one was shiba inu could have been one of the early buyers probably a big winner know but couldn't buy because shiba inu started its journey on ETH chain. . . there are actually few others so I started looking for tokens running on BSC chain only..imagine.

Well that is the sad truth, those coins that started with ETH chain that really took off was painful if you don't buy early because of the exorbitant gas fees.

And up to now many are still complaining about it, but we can't do anything at this point. Although ETH devs they are doing some adjustments and all of that, us investors have missed a lot of opportunity because we don't want to spend that much money on the gas fees.

[Accardo]

The Ethereum miners are the cause of the high fees, they was a time last year when the gas fee was destroyed after sometime and the fees dropped on Ethereum network but, I don't know why their fees are increasing again. Although eth is my favourite altcoin despite the high fees it may not affect the bulk sellers. It's just not good to trade little funds using Ethereum.

[Ararbermas]

Eth fees is really not fair for all small investors to be honest and yes i agree that it will become a big problem because more small investors will gonna miss all the opportunity even in the future if ethereum didn't fixed the problem and of course there's a tends that a lot of people will jump to bsc in order to prevent paying massive fees.

[bounceback]

BSC is a good option but there’s a lot fake tokens there so better to be careful. The fees with ETH is not that high anymore, you just need to have a good timing when doing your transactions, many are still using ETH because of good projects under its network. The fees might be a problem but we all know, ETH will remain on top because no altcoins yet that can replace ETH.

ETH is currently still the king among other altcoins but due to the increase in transaction fees becoming more expensive it has made some people or investors switch to the BSC network for a while until transaction fees return to normal as in the previous year and if the problem cannot be overcome with the launch of Ethereum 2.0, it is not impossible if one day the ETH network will be abandoned by its users.

[bitkanu]

I know that some rich people don't care what ETH gas fee was saying in 2021 when BTC was surging but for me it cut me off some wonderful opportunities,

You should learn not to care with it if you are thinking that's the best chance to grab some promising tokens. It's not only you but you can imagine when you are wasting only $100 to pay the fees but you got billions of shiba inu in your pocket at the end of 2020. You can also calculate how much you will earn right now from there. that's why saying it's caused by ethereum fees that prevent you to buy shiba was a big mistake.

the most painful one was shiba inu could have been one of the early buyers probably a big winner know but couldn't buy because shiba inu started its journey on ETH chain. . . there are actually few others so I started looking for tokens running on BSC chain only..imagine.

Learn from there and take your another opportunity with another token. Regreting it will never make it comes again. what you can do to search another potential coin like shiba inu.
So many people have ever made mistake like you but they move on.

[cryptoaddictchie]

I know that some rich people don't care what ETH gas fee was saying in 2021 when BTC was surging but for me it cut me off some wonderful opportunities, the most painful one was shiba inu could have been one of the early buyers probably a big winner know but couldn't buy because shiba inu started its journey on ETH chain. . . there are actually few others so I started looking for tokens running on BSC chain only..imagine.

Some of the copy cat on bsc is really not worth it. Im not sure buy I think only catecoin is the closest that could get into shiba inu when we are talking about bsc memecoin. There are lots of project initialize but some of them turned out to be rug or didnt work at all. Maybe find some projects that are worth it is better than expecting on a memecoin.

[JayTrain]

I also switched from Ethereum to alternative networks, I think only whales remained to trade on this network, who can easily say goodbye to $ 50-100 for 1 transaction or exchange.This should not last long, because we have been waiting for a transition update for a long time, and people are switching to alternative networks more and more, but ETH developers are not very concerned about this issue.

[tarable]

they are big investors about the high cost of ETH gas is not a problem. only small investors feel the burden of ETH gas fees in every transaction. but I believe that very few small investors have been trading ETH in recent times. they focus more on BSC.

[tyz]

.. there are actually few others so I started looking for tokens running on BSC chain only..imagine.

Have you bothered to think why the fees are significantly lower on the BSC chain? Apparently not, otherwise you would realize that the low fees come with a high risk. The BSC chain is centralized and completely controlled by Binance. As long as Binance is doing well everything is okay, but you are making yourself completely dependent on a company that is being eyed by many authorities worldwide.