For someone who have thousands of dollars for them to DCA then this kind of transactions wont really be that hurting so much yet it would really be just that peanuts if we do speak about transaction fees.
Just like on what people been saying above is that into those people who do only have few money or just not that too much funds will really be having a hard time on making DCA when Bitcoin drops
or if they do really see up such opportunity. Those people who do have tons of money would really be always having the advantage and feel sorry for those who do have less.

Well, there's nothing we can do about on the network condition on which you wouldnt really be having no choice but to deal up with this.We
cant really be having that high fees forever on which it would really be that coming into that time that everything would normalized.
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Alternatives to continuing DCA while giving up on self-custody obviously bring in some other risks, but if someone doesn't have a lot of money available, but is fully determined to pursue the DCA investment plan, I guess the best decision would be to do that on a reputable exchange and take the Bitcoin out in reasonable intervals to save on fees. It is far from perfect, but it can make sense from an opportunity cost perspective. But I would definitely pick an exchange that has existed for a long time and is so far not known for shenanigans that could threaten its continued operations. You can never know, but there is also not much else you can do.

That's true, because I also faced this fee challenge now and it got worse few weeks back when the fee was crazy high, I normally buy Bitcoin through binance P2P trade and although it's a small amount but I really don't care so long the process is a continual one but the problem now is not buying but actually when you want to move the coins to a non-custodial wallet like electrum for safe keeping because with all the incident I have read and happening that have occured, I can deduce that keeping your coins in an exchange is not an good idea at all but the issue is how can you move coins out when the fees are fucking crazy.

You can only do DCA at a centralized exchange. For non-custodial transactions, you're going to have to wait quite a long time until the dust settles. Things are going to get worse once the BTC halving takes effect in April 2024. That's because there will be FOMO, adding greater congestion to the Blockchain.

Some say we should move to the Lightning Network for cheaper and faster transfers. But you'd still need to pay a high on-chain fee to open/close a channel on the LN. Therefore, average Bitcoin users are completely "deadlocked". No one can predict the future, so lets hope for the best.

Sadly this is true, and if the transaction will go up during the bull run, it could be worst that 2017. I remember that time that the fees are so high. But in any case, we shouldn't deter bitcoin enthusiast and continue what they have been doing for years or months.


Or maybe just familiarize ourselves with Lightning Network, I think we will need it just in case. Maybe in the future, more online or offline stores are going to used LN for small transactions. And it will be good if we know how to used it.

Wasnt aware of LN now is already that been that usable or still on test phase but if ever this one would be pushed through then problems with huge or high fees wont really be that happening anymore.
Almost all of this month of December on which the fee is really that staying up on huge sat/byte numbers.

High Priority
99 sat/vB
$5.88

This is the current fee on high priority as of this writing. Imagine that you would be buying up something like $1 worth then you would be paying up that x5 of the said amount.
Do we really think that it would be that ideal? No its not.. Lots of us did really not like the current network condition or situation on which
it is really that prohibiting us to make transactions specially into those smaller ones. Just like been said that if you are some sort of whale or does have
tons of money then this situation wont really bothering you.

This is why i do make out some diversification on other altcoins on which it does have lesser fees but at the same time, the potential is still there
in speaking about profit making but of course not everything is really that assured.

We don't want to pay more if it's possible to get confirmations by paying less so if you're trying to save in transaction fees you'll need something to help so try https://jochen-hoenicke.de/queue/#BTC,24h,weight

it's nothing new that we see bitcoin fees that are so high, but bitcoin fees will return to normal and will continue to happen like that. for those who did dca, it must have felt very difficult in the last few months because the bitcoin fees were quite annoying.

discussing the best bitcoin wallet to deal with the current uncertain bitcoin fees, i simply recommend bluewallet, because it has an rbf feature so your transactions can be processed with cheap fees.

That's the talk between me and my small circle of crypto friends, the best way to solve the issue with the high fees is this but we're not really good with tech so we're still a bit in the dark when it comes to running nodes but I do think that this is a good solution. Also, we shouldn't really tolerate or celebrate ordinals anymore, they've been gone on for far too long and I've seen that the transaction fees have gone much lower than ever so I guess, we've stopped being fans of ordinals. Hopefully, this thing won't ever happen again because I don't know if I'll ever be able to make a profit if bitcoin starts pumping up and the transaction fees are so damn expensive, I'm not willing to sacrifice a huge chunk of what I hodl just to profit.

And you think what @teamsherry said is cost-effective? I don't think so. Making payment transactions online does not have to be that burdensome if the Bitcoin system has been best planned from the beginning. I know that the founder will never know that such a situation like this would happen, but as it is now, I think that when the time comes, the best thing is for us to use the LN, it is better, but we should be getting ready for some issues that are associated with it as well. Before using it, we should try to learn it as it is not working like the direct way that Bitcoin transactions work. Alternatively, one can use the service of the free accelerators too, but since the last time I used it, I mean about 2 months ago or more, it is the ViaBTC accelerating service that was working in this regard. If one can part away with a mere 18s/vb fee, I know that this will be a very good choice for us all.

But running our own nodes as suggested by that guy is not so encouraging if I were the one.

I think the high fee is natural, it comes from taproot and ordinal's boom, it means bitcoin has more utility to use, for bitcoin this cannot be changed, I think it is characteristic of bitcoin - POW. it is also the reason that many bitcoin l2 projects are building to compensate and increase the opportunity to use bitcoin with lower transaction fees. it will be like ETH with polygon or Arb