01-04-2022, 10:13 PM
Many people don't understand the extent of ETH fees simply because they buy to hold
<!-- SC_OFF --><div class="md"><p>I think when people react with surprise or disinterest when the matter of fluctuating but almost perennially high gas fees is brought up is because they themselves have not and are unlikely to face them beyond withdrawal fees (and those who hold on exchanges not even these).</p> <p>There will be many who don't have any interest at all in the tech and focus purely on price and others who simply read developments in the tech rather than experiencing them first-hand - and there isn't anything wrong in this: buying with the intention to sell at a later date rather than spending and frequently transferring their ETH.</p> <p>Do you personally buy ETH to hold or do you use it to fund actions on its network?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/wists"> /u/wists </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rvdsms/many_people_dont_understand_the_extent_of_eth/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rvdsms/many_people_dont_understand_the_extent_of_eth/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I think when people react with surprise or disinterest when the matter of fluctuating but almost perennially high gas fees is brought up is because they themselves have not and are unlikely to face them beyond withdrawal fees (and those who hold on exchanges not even these).</p> <p>There will be many who don't have any interest at all in the tech and focus purely on price and others who simply read developments in the tech rather than experiencing them first-hand - and there isn't anything wrong in this: buying with the intention to sell at a later date rather than spending and frequently transferring their ETH.</p> <p>Do you personally buy ETH to hold or do you use it to fund actions on its network?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/wists"> /u/wists </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rvdsms/many_people_dont_understand_the_extent_of_eth/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rvdsms/many_people_dont_understand_the_extent_of_eth/">[comments]</a></span>Kind Regards R