Paying ETH fees?

[JamesDaniel90]

2024 / 2025 (hopefully) will be my first bull run and the majority of my crypto is currently on cold storage and I am wondering if I should get some ETH ready now to pay for fees when it comes to selling or if I should wait till next year when I actually do sell - is there any difference?

I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?

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[dzungmobile]

2024 / 2025 (hopefully) will be my first bull run and the majority of my crypto is currently on cold storage and I am wondering if I should get some ETH ready now to pay for fees when it comes to selling or if I should wait till next year when I actually do sell - is there any difference?

If you think next two years are bullish, you must know price of Ethereum will be higher than now. It means it will be more expensive for you to buy ETH with same money like $100, you will be able to buy less ETH.

Why don't buy it now?

I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?

Your post implies you didn't buy ETH but bought ERC20 tokens. I am not against you but you made bad decision. Buying ETH is better and safer than buying ERC20 tokens. ETH will be here but I am unsure about ERC20 tokens that are weaker and can die.

Like you did not buy Bitcoin but bought BRC20 Ordinals tokens. Another bad decision if you do it.

[Gladitorcomeback]

If you have no intention to sell then no need to worry about gas fee. I think you have purchased all Ethereum chain token im cex and then transfered to your cold wallet but as far I know , Ethereum network token withdraw fee from the Cex is very high then why you choose Eth network? your holding tokens not available on other networks?

I will recommend to buy some Ethereum also , If other tokens could give you profit, Ethereum will also give you good profit and moreover If anytime you need to send any token instant then it will help you to send faster.

[OmegaStarScream]

You won't necessarily need much ETH when/if the next bull run happens for a couple of reasons that were not here before:

- ERC-4337 (assuming that it's widely adopted and used by that time) would allow users to pay using ERC20 tokens, and could even allow third parties to pay the fees for you.
- Layer2 solutions: zkSync, Polygon, Arbitrum, and a few others have all grown and have a much bigger userbase and adoption.

It still wouldn't hurt to have some ETH though. You never know when you might need to move your funds urgently.

[cryptoWODL]

2024 / 2025 (hopefully) will be my first bull run and the majority of my crypto is currently on cold storage and I am wondering if I should get some ETH ready now to pay for fees when it comes to selling or if I should wait till next year when I actually do sell - is there any difference?

I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?

Currently, the price of Ethereum coin is low, so the gas fee of this coin is also low.So now there is a low fee to transfer any token on this platform.As you said when the price of this coin increases but the Ethereum platform tokens you have bought whenever the price of ethereum increases even if the price of these coins increases.But then you have to pay a lot of fees.For me buying Ethereum is better than buying Ethereum platform coins.Because the price of all the tokens of this platform will increase but not as much.

[Broadanbig]

2024 / 2025 (hopefully) will be my first bull run and the majority of my crypto is currently on cold storage and I am wondering if I should get some ETH ready now to pay for fees when it comes to selling or if I should wait till next year when I actually do sell - is there any difference?

Of course  next year holds better expectations at hand because that would be a year for bitcoin halving and definitely it would market as it is beginning to show now. When ever bitcoin is on a bull, it automatically have impact on the market so your assumptions are not wrong mate. So therefore buying now should be a good target as it is cheaper now before the bull run.

I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?

If you have tokens on ethereum chain then you must definitely need eth for gas fee and there is no two ways about it. So you must buy it and keep it for gas fee come bull run because it would be much expensive then to purchase. As it is that the market is volatile,  Use your spare cash you can afford to loss if it happens that the market changes direction you would not bother to worry about it.

[avikz]

2024 / 2025 (hopefully) will be my first bull run and the majority of my crypto is currently on cold storage and I am wondering if I should get some ETH ready now to pay for fees when it comes to selling or if I should wait till next year when I actually do sell - is there any difference?

I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?

If you have some tokens that will require ETH fees and if you think a bull run is incoming, it makes sense to buy some ETH at current rate to cover the fees. There's no other way to pay the ETH chain fees except ETH. So get it while it's cheap and if you are certain that a bull run is coming next year.

ETH is also good for investment as well if you are planning to hold it.

[Mttewndew]

Hey, it's all about timing in the crypto. If you believe ETH's price will shoot up, getting it now for future fees might be a savvy move. But remember, it's crypto, anything can happen!

[ahyadinnn]

I want to ask you, what coin did you buy today and keep it? if it is the top coin you have to prepare the fee to transfer the token today, because later the eth price will definitely be more expensive and require more expensive fees, it is better to buy at the current price because it is still not too expensive.

[cryptoaddictchie]

I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?

If you have extra cash or balance then do buy some of it while it still cheap. If you believed bull run will arrived then eth will likely increase and as the price increase you only can buy few of eth to cover for the gas. Its hard to say when it will increase but much better if you can buy while it still low.

[el kaka22]

I agree that not only because it would be smart to have some for the fee needs, but it would also be smart to buy it because of the fact that ETH will grow. So if you have ANY money at all right now and you could spare it to buy something ETH, that would be a lot better and should be something that could gain a lot of return we could have in the end.

I believe that we can't really have all that much of a bad return if we do something like this, ETH should be as good as it gets and having that type of return should be the priority. If you use it for fee, then you could use it for the fee, if you do not use it for the eth fee then you could end up with holding it to make as much profit as we could. That should be something that would be very important on the long run that could help you in either cases.

[jossiel]

You can do any of it freely.

If you think that you're too prepared then just leave some couple of bucks worth of ETH for the fees to those tokens. You'll never know when the surge comes, these fees are also going to adjust.

But if you have no plans yet and you're just chill and fine to wait until the right time comes, it's also fine to just send that ETH for the fee when you're about to transfer tokens to exchanges.

[MAAManda]

2024 / 2025 (hopefully) will be my first bull run and the majority of my crypto is currently on cold storage and I am wondering if I should get some ETH ready now to pay for fees when it comes to selling or if I should wait till next year when I actually do sell - is there any difference?

I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?

Let's hope together, hopefully the years ahead will be good years for us, crypto enthusiast.

For your doubts and questions, first try to understand what your goals and hopes are, isn't it to sell your tokens at a high price when the bullrun comes? If that's the case, you should know that if the token you are holding now has a high price, Ethereum as the native token will also experience an increase in price.

So why are you still hesitating about it? Currently the price of Ethereum is at $1,650, I mean, don't let it happen that when you buy it later, the price of Ethereum is already at $2K+, LOL.

[abel1337]

2024 / 2025 (hopefully) will be my first bull run and the majority of my crypto is currently on cold storage and I am wondering if I should get some ETH ready now to pay for fees when it comes to selling or if I should wait till next year when I actually do sell - is there any difference?

I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?

It's better be ready than sorry. I guess you will get a little bit of discount if you buy ethereum today expecting that ethereum will sky rocket again in the next bull market. I think you only need a little eth for those future transaction given that we have some technologies in making the transaction cost cheap. Though I personally won't keep a erc20 without a gas fee to transfer it again, actually all major blockchains like BSC. I just like to be ready on future transaction and to lessen the hassle of instant buying a token in it's current price for the sake of the transaction fee.

[Xal0lex]

2024 / 2025 (hopefully) will be my first bull run and the majority of my crypto is currently on cold storage and I am wondering if I should get some ETH ready now to pay for fees when it comes to selling or if I should wait till next year when I actually do sell - is there any difference?

I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?

Buy now, because it will be more expensive later. Gas prices will not come down during the bull run, but instead will increase strongly due to the strong increase in demand for the blockchain space. Think back to 2021, gas prices were just insane at times. Right now, the market is relatively calm, so this is a good chance to buy coins.

[Cadaver20]

I think you should make ready for some amount of ETH for transaction fees. Because now you will get the gas price of ETH at 5-10 gwei and the withdrawal fee from the exchange is also less. But during bullrun gas price is around 100 gwi. Also, many exchanges suspend ETH withdrawals.

[o48o]

2024 / 2025 (hopefully) will be my first bull run and the majority of my crypto is currently on cold storage and I am wondering if I should get some ETH ready now to pay for fees when it comes to selling or if I should wait till next year when I actually do sell - is there any difference?

I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?

Why wouldn't you buy eth for fees now? It's not like you need to buy that much it that you would be saving a huge amount if the price goes down, as it's just money for gas and nothing big.

Eth is definitely not going to drop as much that you would save something that's relatively cheap now. But it can rise in the price and no one really knows how much it could, now that's in deflationary mode.

[My User ID is 553628]

Always hold some ETH to cover fees if you have tokens in that network. We don't know how much will it cost in the future but you will need it eventually.

[rhomelmabini]

2024 / 2025 (hopefully) will be my first bull run and the majority of my crypto is currently on cold storage and I am wondering if I should get some ETH ready now to pay for fees when it comes to selling or if I should wait till next year when I actually do sell - is there any difference?

I do not hold Ethereum but do have a few tokens that will require me to pay fees so wondering what is best to do have it ready now or if it doesn't matter and just wait till it actually comes to selling and pay then but obviously the price of Ethereum will be a lot higher next year then it is now so thinking is it best to buy now whilst cheaper?

I think just have some ETH ready, there's no better things that getting ready. A $100 worth of Ethereum would like be enough considering how huge transaction fees when bull run comes, I don't trust those upgrades they've promised to lower the gas fees. I think you've already plan it ahead because truly it's cheap right now to buy Ethereum and if it increases in value that $100 could even worth more in the future and would be more than enough to pay some fees.

[Psynthax]

i mean having eth ready for the sake of paying gas fee is fine, but it isn't really that urgent if what you planning is to sell in the next bullrun.
moreover having eth ready for paying fee could also be a double edged sword when it comes to having precious token in your address, who knows if it gives a way for scammers out there to steal your money since the gas is ready for executing transaction.