Bitcoin Forum

I have a question regarding claiming the Bitcoin Private (BTCP) coins or any coins forked off Bitcoin in general.

Before importing the private key from my current BTC wallet into the new wallet, in this case the Bitcoin Private Electrum Wallet, is it okay to move my BTC balance off the original wallet? I don't want to move my BTC to the Bitcoin Private Electrum Wallet.

Any insight into how these things work would be greatly appreciated.

I'm no way a expert, but importing your private keys is dodgy, i would move your Bitcoin before handing the private key over, then disregard that wallet.
Im sure others on here, can let you know in a lot more detail than me.

Just move your bitcoin to another wallet.
When you put your private keys in electrum or any other program out there, they are exposed. So they are not 100% safe anymore.

When you have moved the bitcoin to another wallet, you are safe to get your forked coins in any wallet you like.

I didn´t even know this bitcoin private.....

I have claimed BTX, BTG, BCH and BCA, all in coinomi wallet.

Yes it is better for you to move your bitcoin into another wallet, and then claim the forked coin with your previous wallet seed or key. You will protect yourself by doing so. If the coin itself is scam, or someone hacked the wallet of the new forked coin; you will not want loosing your bitcoin trying to get the forked coin.

OK, thanks! But just to be clear, I will be able to claim the new BTCP coins in the Bitcoin Private Electrum Wallet, even if the private key that I import will be 'empty', and no Bitcoin is transferred to the Bitcoin Private Electrum Wallet?

And if so, how does this work exactly? What is it that tells the Bitcoin Private Electrum Wallet that I had the BTC balance at the time of the snapshot? I assume that private keys are not stored on the blockchain, only the public addresses?

I will be leaving my btc in my hard wallet. If the coins end up being worthwhile there will be a risk free splitting tool along not too long after

Private Keys are quite delicate, Never disclose it!! You should send all your coins off to another address before importing it on other (un)known wallets.