But what if it's an emergency? Do you cancel the transaction or wait? Meanwhile, with a bank account or altcoin, your transaction happens almost instantly.
Those who still accept to make transactions even when the fees are high are because they have no better options at that time, and I don't think they feel comfortable paying high transaction fees even if they are rich and trading with large amounts because spending a lot of money on transaction fees is not appropriate.
We are bitcoin investors and we may be biased but we also have to be realistic, don't be so stubborn thinking that bitcoin is absolutely perfect while it still has some issues to solve.
Bitcoin transaction fees are unstable and sometimes unusually high, the network is congested and even severely congested. No matter how much we want to hide it, that's exactly what happened to bitcoin and it will most likely happen again in the future.
I remembered when I am in an emergency situation where I really need money. But when I check on the fees, the fees increase so high while my money in the bank can not fully cover the needed money. So I still continue the transaction even I need to pay a high transaction fees. I don't have any choice because I really need that money. And I have another situation which I need to delay my Bitcoin transaction where I saw the fees is too high and besides that, I don't have any emergency situation.
So we as a Bitcoin investor or Bitcoin user need to know how to deal with the current situation so we can see the option to solve our problem in money. Actually, we can take benefit from Bitcoin and fiat together as long as we know how to use it with right for us.