Post
Topic
Board Altcoin Discussion
Re: Paying ETH fees?
by
Wiwo
on 12/11/2023, 21:50:55 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?

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?
Well, it depends on you,  and what your convictions are for the next year's Ethereum value and what its reality will be,  this is the most exciting time to buy ETH since its price is low at the moment and also that the probability of the value increase in the next year,  because at the moment, Ethereum price is still very at a discount price and anyone opening a buy position for the coin is standing a high chance of having good profits in the next one year.

But since your emphasis is on gas fees,  you can also buy and hold also since in the period there may be a possible network hike in the Ethereum network that may be a disadvantage.