Post
Topic
Board Altcoin Discussion
Re: Paying ETH fees?
by
ije07
on 06/10/2023, 12:08:15 UTC
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?
difference? depending on your goals. If you plan to keep ETH for the long term or for selling costs, then there's no harm in buying ETH early while the price is still cheap.

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 your token has a selling value commensurate with the transaction fees on the Ethereum network then you can buy ETH and then sell the token. For me personally, while I have capital, I will buy more ETH and wait for next year's bull market.