Gas prices with ETH will i ever get my money back? - page 2.

livingfree

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Quote from: Yooooo116 on December 01, 2021, 12:14:58 AM

so its been a month and i want to pull my 50$ out of my trust wallet but clearly thats not happening with the Network fees unless i spend another 50 bucks?!!?? is there hope to get my money back one day?

Yes.

Just wait until the gas fees drop.

It's all you need to do and just be patient because one day the fees will be down again. But to know when, it'll be a mystery since no one knows when the whole network upgrade will happen.

kidbounty

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Quote from: Yooooo116 on December 01, 2021, 12:14:58 AM

so its been a month and i want to pull my 50$ out of my trust wallet but clearly thats not happening with the Network fees unless i spend another 50 bucks?!!?? is there hope to get my money back one day?

Don't worry, you can still get your money back in the future. for now you can only wait until the GAS fee is cheaper. until then, nothing can be done. You can only hope that when the fee is cheap, the price of the tokens you have is still the same as today. I also feel the same as you. I have lots of ERC20 tokens and want to sell them now. but the fee is not worth what I get, so I can only wait and give up now.

Queenboss

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Quote from: Yooooo116 on December 01, 2021, 12:14:58 AM

so its been a month and i want to pull my 50$ out of my trust wallet but clearly thats not happening with the Network fees unless i spend another 50 bucks?!!?? is there hope to get my money back one day?

The transaction fee on ethereum has been high for a while now, but that's not how it had always been. There was a time when we could send eth with less than 1 cent as the gas price was like 1 Gwei. I know that the ethereum developers are working on modalities to bring the value of ethereum spent on transactions to how it was initially.

wissy

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Quote from: Yooooo116 on December 01, 2021, 12:14:58 AM

so its been a month and i want to pull my 50$ out of my trust wallet but clearly thats not happening with the Network fees unless i spend another 50 bucks?!!?? is there hope to get my money back one day?

Its unlikely that gas fees will go much lover then now. The best you can do is to monitor https://etherscan.io/gastracker and make your transaction when gas will be the lowest. I am afraid that we wont see low gas until next bear market but by then together with fees, your investment will also tank.
I would suggest you just leave that 50 $ and forget about it until ETH 2.0 comes out and by then it will be worth more then now.

poodle63

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Quote from: Yooooo116 on December 01, 2021, 12:14:58 AM

so its been a month and i want to pull my 50$ out of my trust wallet but clearly thats not happening with the Network fees unless i spend another 50 bucks?!!??

You can send your money right now but you will have paid up to 30 - 40 bucks for the transaction fees. I was taking this as my reference. https://etherscan.io/gastracker

Quote from: Yooooo116 on December 01, 2021, 12:14:58 AM

is there hope to get my money back one day?

There's no hope you get your back your money until ethereum 2.0 will be fully implemented and the scalability update will fix the problem that faced by ethereum blockchain. You may need to wait until the end of next year to be able to get back your money but that's only estimation. It can also be delayed until 2023. So forget it.

hugeblack

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Quote from: Yooooo116 on December 01, 2021, 12:14:58 AM

so its been a month and i want to pull my 50$ out of my trust wallet but clearly thats not happening with the Network fees unless i spend another 50 bucks?!!?? is there hope to get my money back one day?

Check the price of gas and sell when the network is not crowded, but if you send and the transaction is confirmed, it is difficult/impossible to get your money back.
Generally, when you broadcast the transaction, your options are limited, so if you are not in a hurry, there is no need to send the transaction.

In the future, you can use 2 layer network (Polygon) if you want to send at a lower cost.

fvb

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Withdrawn tokens from the wallet to the exchange. Gas went up and my transaction got stuck. Later I forgot about it. After about a couple of weeks, the tokens were gone. The price dropped and everything worked. So you just have to wait, otherwise, there is no point in working to zero.

Strongkored

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What you can do is wait until the network fee becomes lower, and usually it will go down when the ETH price also drops but it is very possible that the price of the token you want to withdraw will also go down because the price of the token based on eth will depend on the price movement of the core coin, don't to hurry there might be changes because the crypto world is full of surprises

Yooooo116

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so its been a month and i want to pull my 50$ out of my trust wallet but clearly thats not happening with the Network fees unless i spend another 50 bucks?!!?? is there hope to get my money back one day?

Topic: Gas prices with ETH will i ever get my money back? - page 2. (Read 189 times)