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July 08, 2017, 10:39:21 PM |
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Disclaimer - I am not a very techy person, well at least compared to many in here. I do understand the basics though. I understand it is not a smart idea to leave BTC in an exchange during August 1. Of course, it is never a good idea to leave coins in an exchange and they should be kept in seperate wallets. However, I have a diversified portfolio and I don't have the specific wallets for certain coins, so I leave them on Bittrex with 2 factor authentication security.
Can anyone help me understand this:
1) what can happen to bitcoin left on exchanges during August 1? Will it be effected if all bitcoins are stored in a trezor instead?
2) can altcoins left on exchanges be effected by the events?
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