Yes its actually disheartening to see the bitcoin transaction once again going up and not necessarily due to bitcoin transaction volume but as a result of another shitcoin. I had thought after the ordinals madness which are still bothering the bitcoin network but to me will die down after the bull run and Altcoins investors are done taking their profits, we now find ourselves with another issue of Minting. Still I stand that after bull even this will no longer be a nuisance on the network, but before then the hype will even soon die down.
Not only disheartening but frustrating to think the possibility of this kind of activities repeating to disrupt the Bitcoin transaction. I believe that there is really a need for the developer to take action and prevent this kind of on-chain minting and protect the network from unnecessary congestion created by outside factors.
For anyone looking to invest and the transaction fee is a barrier then I will say wait till they die down a bit and you can simply buy your bitcoin as there is no time too late to buy it. Do not panic to buy and leave on CEXs with the intention to move them later on after the transaction fee must have reduced. It is a huge risk because no one can tell you the safety of a CEX.
True that, I do not think that the price of Bitcoin will skyrocket soon that we need to FOMO and buy it today when the price of transaction fee is skyrocketing. The increase in tx fee is not due to the coins trading/transfer volume but rather due to the minting of Rune that has nothing to do with Bitcoin market. So yeah, it makes sense to wait a bit later when the tx fee goes back to normal again so that we won't get exposed to the possible risk of losing funds when we let our fund sleep on CEX for some time.