I haven't read the news yet, but it's been several days since the transaction fee has been very high. I checked on https://mempool.emzy.de/ and this is what I see now.
As a gambler, I'm a bit worried if this trend will continue because I have some fraction of bitcoin that I'd like to use for gambling, especially for the NBA playoffs. So for my fellow gamblers, or those who really need to transact with their bitcoin, what are the best things to do now in order to save from fees and avoid having our transactions stay unconfirmed for too long?
As a gambler, I'm a bit worried if this trend will continue because I have some fraction of bitcoin that I'd like to use for gambling, especially for the NBA playoffs. So for my fellow gamblers, or those who really need to transact with their bitcoin, what are the best things to do now in order to save from fees and avoid having our transactions stay unconfirmed for too long?
I suggest you should hold on, at least for a week or more, if it is not urgent, I have also halted my transactions for now to watch the transaction fees, it has decreased to $4 which I feel it's quite reasonable for me. With the current downtrend we are witnessing, it may likely decrease even further.
We don't have a choice but to do that since its really painful to transact using bitcoin know since the fee is so high so much better to hold especially if your funds is on your personal wallet. But if you have a balance on your exchange account then we can just simply exchange this to other alts and pick those coin which have less fee since this is the most convenient option we could choose and I believe many already did this to avoid such issues.