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1  Bitcoin / Bitcoin Discussion / Forks and protecting your private key on: January 25, 2018, 05:35:44 AM
I was wondering how people approach realising the value in the created forks (rather than just HODLing them)

My Bitcoin is in paper wallets and I never use those private keys for the forks until my bitcoin has been moved out of the paper wallet (due to lack of trust in the forks and keeping my private keys ... well private!). There is however a non-trivial cost in transaction fees in moving from one paper wallet to another.

Note: I prefer paper wallets to hardware wallets as I can store multiple copies for redundancy reasons.

With the many forks recently and to come it could prove costly using my current method.

What do you people think?       
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