ETH gas fees are low....A great time to get in?

[Abiky]

It seems that the persistent bear market drastically reduced ETH's network congestion. Gas fees have been ranging as low as 17 Gwei to 30 Gwei on average. The native cryptocurrency Ether (ETH) has been declining like crazy in Fiat terms, so it would be a lot cheaper to buy NFTs or do other network operations than before.

Assuming ETH doesn't go any lower in price, would now be a great time to get in? Or should I wait a little longer? Do you think gas fees will soar back up again after the crypto winter settles? Your input will be greatly appreciated. Thanks.

[Ararbermas]

It would be a great idea to keep monitoring the growth rate of eth because surely the gas fees will be affected as well and you can get more cheaper fees when buying erc20 token. Infact the market still not fine so probably there will be more changes soon.

[Jatiluhung]

I myself am still waiting and watching. But so as not to be left behind. I keep buying gradually. and also be prepared if the decline continues by installing a buying net at several spot or support points. continuing to collect makes me calmer. although panic sometimes always comes when there is a long decline and even I panic when there is a rapid increase. because I'm not used to it. So to anticipate panic I prefer to enter little by little in this ETH coin.

[CuriousGeorge]

Assuming ETH doesn't go any lower in price, would now be a great time to get in? Or should I wait a little longer? Do you think gas fees will soar back up again after the crypto winter settles? Your input will be greatly appreciated. Thanks.

Ethereum maybe have reached the bottom when it was being traded below 1k but yeah this time ethereum is still undervalued and oversold. You shall try to spread your order and waiting for the bottom is not the best way as sometimes you can miss the best rate to buy ethereum. I have bought ethereum when the price already down even lower than 1k and i got decent return in a week. Im sure that recovery can happen anytime. Buying at the bottom has become the best opportunity for anytone. WIll you try to miss this golden chance to get cheap ethereum from the market?

[cryptoaddictchie]

Do you think gas fees will soar back up again after the crypto winter settles? Your input will be greatly appreciated. Thanks.

Yes definitely. Crypto winters let these gas gee back down a little but thats because many havent using the network unlike the bear market. But surely it will go up once this bear situation gone. Every other L1 also got lowered transaction fees and thats mean a decrease in usage or users. Bull market will take time but as it recovered slowly the fee will increase likely directly proportional to the market movement.

[LogitechMouse]

Assuming ETH doesn't go any lower in price, would now be a great time to get in? Or should I wait a little longer? Do you think gas fees will soar back up again after the crypto winter settles? Your input will be greatly appreciated. Thanks.

I see Ethereum as the 2nd best long term coin to hold aside from Bitcoin so I think anytime would be a good time to buy Ethereum. Well, it's better if investors will buy now that we are in a crypto winter or bear market or whatever people may call to it.

There are no changes or updates in Ethereum for a long time that affects it's gas fee aside from the EIP1559. Ethereum 2.0 might reduce it's gas fees by a little but we might still experience some high gas fees overtime in the future. Gas fees will soar up again for sure as many investors will come back again and invest. Many new projects will come again and develop under different smart contract platforms and that includes Ethereum.

[Jating]

It seems that the persistent bear market drastically reduced ETH's network congestion. Gas fees have been ranging as low as 17 Gwei to 30 Gwei on average. The native cryptocurrency Ether (ETH) has been declining like crazy in Fiat terms, so it would be a lot cheaper to buy NFTs or do other network operations than before.

Assuming ETH doesn't go any lower in price, would now be a great time to get in? Or should I wait a little longer? Do you think gas fees will soar back up again after the crypto winter settles? Your input will be greatly appreciated. Thanks.

You mean to invest? of course, good time to get in as the price is very cheap. But I think it will still go down lower next year, so the best thing to do is DCA and then see how it goes.

However, it's correlated, when the price goes low during bear market = low fees. Just like in bitcoin right now, you can literally transfer in even less than a dollar right as transaction fees and easily received it very quickly. But I guess the important thing is how to take advantage of this cheap price and fees and invest.

[fuguebtc]

We won't be able to know where the bottom of the bears is this time, instead of waiting, the best method is DCA, that way we won't have to miss any opportunities. Personally, I also buy some coins when bitcoin falls below 18k, and I will hold on to those even though I'm now profitable.
As of now, I just aim to hold as much as possible. I mostly buy on centralized exchanges and transfer to my hard wallet, so I am not concerned with the ETH fees at all. As long as the price drops I will place a buy order.

[Jaered]

Hot d*mn! I never knew I could make a transaction on the Ethereum blockchain for one buck. It looked like I jumped onto a time machine into 2018. Anyway, back to your topic, it surely looks to be a perfect time to pile onto the Ethereum train now its getting its mainnet souoed up

[coinsrider]

I wouldn't say the GAS fees as low. But it is reasonable than before depends also on what you are spending it and creating.

[worle1bm]

If you are altcoin fan then ETH is not a bad choice but if you want to make transactions then it could be problem as gas might be low at this time but soon it will burst out more when more people jump in paying high gas to settle their transactions.But at the point it's really low and have not seen it from long time so if you want to spend some then you wouldn't give high fees as earlier.

[GatotKaca]

If you are altcoin fan then ETH is not a bad choice but if you want to make transactions then it could be problem as gas might be low at this time but soon it will burst out more when more people jump in paying high gas to settle their transactions.But at the point it's really low and have not seen it from long time so if you want to spend some then you wouldn't give high fees as earlier.

we've seen Ethereum Gas drop and once more transactions are bustling we'll see Gas will quickly increase as well.
we still expect cheaper and more stable transaction fees on the Ethereum network. can at least match Tron, Solana, or Binance. it will be a friendly transaction Gas for Ethereum Network users. Ethereum blockchain adoption may also be as busy as it used to be.

[bonyaserg]

Now that the payment for gas in the Ethereum network has begun to fall in price, there is an amazing opportunity to trade and send funds in the Ethereum network. And it follows that now investors can take advantage of this network since the commissions on the Ethereum network are the lowest, and now everyone is really looking for the right time and ways to pay lower gas commissions when trading on the network.

[inthelongrun]

I am not going to present a technical analysis, because long term chart shows it is riding with king bitcoin's halving period where ath happens and drops steadily in the next couple of years. But just in case it won't be the same, then you can actually start buying. Huge financial firms usually invest by tranche.

My projection on eth is it may drop as low as $400 range. But I will start buying from $1,000, then $900, down to $400 if ever it happens. 

[peter0425]

It seems that the persistent bear market drastically reduced ETH's network congestion. Gas fees have been ranging as low as 17 Gwei to 30 Gwei on average. The native cryptocurrency Ether (ETH) has been declining like crazy in Fiat terms, so it would be a lot cheaper to buy NFTs or do other network operations than before.

Assuming ETH doesn't go any lower in price, would now be a great time to get in? Or should I wait a little longer? Do you think gas fees will soar back up again after the crypto winter settles? Your input will be greatly appreciated. Thanks.

It is not a matter of how low the Ethereum price or the fees but instead it is if we have funds to Buy Ethereum entering another Holding.
because we are on lowering market still and there are chances that this may lower more in the coming days or months so if we have funds to buy now? then do but if we are ready to wait more then buy more in the later days.

[GelatikKembar]

It seems that the persistent bear market drastically reduced ETH's network congestion. Gas fees have been ranging as low as 17 Gwei to 30 Gwei on average. The native cryptocurrency Ether (ETH) has been declining like crazy in Fiat terms, so it would be a lot cheaper to buy NFTs or do other network operations than before.

Assuming ETH doesn't go any lower in price, would now be a great time to get in? Or should I wait a little longer? Do you think gas fees will soar back up again after the crypto winter settles? Your input will be greatly appreciated. Thanks.

It is not a matter of how low the Ethereum price or the fees but instead it is if we have funds to Buy Ethereum entering another Holding.
because we are on lowering market still and there are chances that this may lower more in the coming days or months so if we have funds to buy now? then do but if we are ready to wait more then buy more in the later days.

Maybe we can buy some for now and buy some more when the price drops again later,
it looks like the price will go down again considering the market is still in a bearish condition,
but again it depends on each person's decision

[Kunnu]

Personally I think this is suitable time to buy Ethereum blockchain based NFTs and some quality tokens as we can see the current gas fees of Ethereum network is quite cheap and I don't think it may go more down although the dull market conditions may leave more impact on gas fees of Ethereum network nevertheless if you have found this time perfect to use Ethereum blockchain then you must consider to use it now maybe the gas price will go up in future.

[killerfrost]

(...)Assuming ETH doesn't go any lower in price, would now be a great time to get in? Or should I wait a little longer? Do you think gas fees will soar back up again after the crypto winter settles? Your input will be greatly appreciated. Thanks.

If that happens, it's a great opportunity to buy and think profitably. But it's fair to say here we're in a complicated phase of the market where things are still down in a bear market. Although they might recover in the short term, as far as safety is concerned, I don't need to go too far in a rush to take risks in a period when everything fluctuates sharply in the negative direction.

[2tang]

It would be a great idea to keep monitoring the growth rate of eth because surely the gas fees will be affected as well and you can get more cheaper fees when buying erc20 token. Infact the market still not fine so probably there will be more changes soon.

It will all be worth the price too, because when the price of Ethereum starts to decline in the market, the transaction fees on the Ethereum network will also decrease although not by a very large size, as well as when the price of Ethereum starts to increase, the transaction fees on the network will also increase. So obviously it takes time to monitor this so that everyone who wants to make transactions on the Ethereum network can know when transaction fees are low.

[blockman]

It shouldn't be the gas fee as the factor in your decision to buy Ethereum. Most of those that have been buying are thinking that it will be back on its last ATH and even higher than that. Aside from that, it's for long term so if you are optimistic and one of the believers that's having that thinking of holding for a long time, then it's your time to shine and buy it while it's on $1100. I remember the old time somewhere on 2018 when it's too low and many still didn't bought at that price.