Soluble fiber changes the balance of power in the gut microbiome, both by directly being a food source and by lowering the pH.
DF decreases estrogen (which could cause cancer)
There's your negative effect: DF may be partly responsible for my low sex drive.
Fiber is defined as the parts of plants that we can eat but not digest. We're always told to eat more of it. Why should we eat things we can't digest?
There are many papers to point to. Fiber consumption is strongly associated with less cancer, less heart disease, and less death (recent meta-analysis here). Most of these findings come from observational studies, where people report their diets to researchers. Studies in which fiber consumption is experimentally controlled tend to find fewer benefits, so people who eat more fiber may already be healthier for other reasons.
Sidestepping the causal question, we could still ask: what are the plausible mechanisms? How does fiber do this?
Below is a list of potential benefits from an authoritative-seeming (~1,000 cites) paper in the journal Nutrients. I'm struck by how long the list is. I'm still inclined to follow the conventional advice--it feels right and if something was severely harmful about fiber we'd know from the observational data. But I do wonder: with such diverse and complex impacts on the body, could there be various negative effects too?
Reasons fiber could decrease cancer
Reasons fiber could decrease heart disease
Reasons fiber could decrease diabetes
The authors focus on cancer and heart disease protection because these effects have been approved by the FDA. The paper also mentions this protection against diabetes:
Reasons fiber could…be a scrub brush
There are even more reasons in other papers. For example, this one mentions benefits for the immune system.