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Author Topic: what I need to do to keep my btc safe before fork !  (Read 572 times)
Corvet (OP)
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July 15, 2017, 12:27:55 PM
 #1

hello , im worried about the split and i dont know the best way to keep my btc safe until split happened !

now i am using trezor , is it good way and safe to preparing for the split or should i withdrawal them from trezor ?

anyone can help us coz we really dont understand what is the best way to stay safe !
BitcoinSupremo
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July 15, 2017, 12:54:29 PM
 #2

hello , im worried about the split and i dont know the best way to keep my btc safe until split happened !

now i am using trezor , is it good way and safe to preparing for the split or should i withdrawal them from trezor ?

anyone can help us coz we really dont understand what is the best way to stay safe !

You don't need to do much except to keep your coins in your trezor. Do not make any transactions during the time the fork will happen (if it will happen). Trezor and many other hardware vendors together with few desktop wallets have promised support for both chains, of course the most supported chain will be the longest one with the biggest proof of work. Just don't send your coins to web wallets or exchanges as you cannot be sure that they will be prepared if a hard fork really happens.
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July 15, 2017, 12:59:21 PM
 #3

I rather stay in fiat and see what'll happen. Once the coast is clear I'll invest again.
Corvet (OP)
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July 15, 2017, 01:08:37 PM
 #4

hello , im worried about the split and i dont know the best way to keep my btc safe until split happened !

now i am using trezor , is it good way and safe to preparing for the split or should i withdrawal them from trezor ?

anyone can help us coz we really dont understand what is the best way to stay safe !

You don't need to do much except to keep your coins in your trezor. Do not make any transactions during the time the fork will happen (if it will happen). Trezor and many other hardware vendors together with few desktop wallets have promised support for both chains, of course the most supported chain will be the longest one with the biggest proof of work. Just don't send your coins to web wallets or exchanges as you cannot be sure that they will be prepared if a hard fork really happens.

is trezor safe ? because i heard some people said trezor not safe and all other hardware wallets , they say move your coins to bitcoin core wallet , i dont know exactly what am gonna do :/
BitcoinSupremo
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July 15, 2017, 01:33:34 PM
 #5

hello , im worried about the split and i dont know the best way to keep my btc safe until split happened !

now i am using trezor , is it good way and safe to preparing for the split or should i withdrawal them from trezor ?

anyone can help us coz we really dont understand what is the best way to stay safe !

You don't need to do much except to keep your coins in your trezor. Do not make any transactions during the time the fork will happen (if it will happen). Trezor and many other hardware vendors together with few desktop wallets have promised support for both chains, of course the most supported chain will be the longest one with the biggest proof of work. Just don't send your coins to web wallets or exchanges as you cannot be sure that they will be prepared if a hard fork really happens.

is trezor safe ? because i heard some people said trezor not safe and all other hardware wallets , they say move your coins to bitcoin core wallet , i dont know exactly what am gonna do :/

I have my bitcoins in my ledger hardware wallet most of them, I also have a few in Electrum which is almost the same as Bitcoin core wallet in functionality except you don't have to download the full blockchain with Electrum cause it is a SPV wallet (lightweight). I think no problems will happen if you keep your money in Trezor but if you like you can send them to bitcoin core or Electrum but I don't see any reason for doing so.
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July 15, 2017, 01:44:03 PM
 #6

All decisions are in your hands. If you have sudden needs, you may be able to sell BTC. However, if you choose a long-term investment, you can keep it. Cause we don't know what will happen next month.

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JeffBrad12
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July 15, 2017, 01:45:16 PM
 #7

hello , im worried about the split and i dont know the best way to keep my btc safe until split happened !

now i am using trezor , is it good way and safe to preparing for the split or should i withdrawal them from trezor ?

anyone can help us coz we really dont understand what is the best way to stay safe !
Have you read about this instruction to prepare about the upcoming hardfork of bitcoin?
https://bitcointalk.org/index.php?topic=2012799.0

I think that the trezor wallet already become the safe place for you. will be better for you to follow those instructions. That will bring you in the right way to prepare the hardfork of bitcoin

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July 15, 2017, 01:50:35 PM
 #8

All decisions are in your hands. If you have sudden needs, you may be able to sell BTC. However, if you choose a long-term investment, you can keep it. Cause we don't know what will happen next month.
Yes you are right, if we consider bitcoins is instrument of investment but technicaly we don't needs do anything,
just put bitcoins on the safe wallets and wait after the activation segwit2x on bitcoin's network (split of bitcoins)
and i think we will get two kinds of coins, it is like ethereum's blockchain become two coins ethereum and ethereum classic.
Corvet (OP)
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July 15, 2017, 01:52:38 PM
 #9

hello , im worried about the split and i dont know the best way to keep my btc safe until split happened !

now i am using trezor , is it good way and safe to preparing for the split or should i withdrawal them from trezor ?

anyone can help us coz we really dont understand what is the best way to stay safe !

You don't need to do much except to keep your coins in your trezor. Do not make any transactions during the time the fork will happen (if it will happen). Trezor and many other hardware vendors together with few desktop wallets have promised support for both chains, of course the most supported chain will be the longest one with the biggest proof of work. Just don't send your coins to web wallets or exchanges as you cannot be sure that they will be prepared if a hard fork really happens.

is trezor safe ? because i heard some people said trezor not safe and all other hardware wallets , they say move your coins to bitcoin core wallet , i dont know exactly what am gonna do :/

I have my bitcoins in my ledger hardware wallet most of them, I also have a few in Electrum which is almost the same as Bitcoin core wallet in functionality except you don't have to download the full blockchain with Electrum cause it is a SPV wallet (lightweight). I think no problems will happen if you keep your money in Trezor but if you like you can send them to bitcoin core or Electrum but I don't see any reason for doing so.

if trezor is safe then i will stay in trezor , i just wasn't know much about this split a lot of people talking about losing the btc turn me crazy ..

thanks much

All decisions are in your hands. If you have sudden needs, you may be able to sell BTC. However, if you choose a long-term investment, you can keep it. Cause we don't know what will happen next month.

no its long-term investment that why i'm searching for the best way to hold the btc to be ready for the split.
hello , im worried about the split and i dont know the best way to keep my btc safe until split happened !

now i am using trezor , is it good way and safe to preparing for the split or should i withdrawal them from trezor ?

anyone can help us coz we really dont understand what is the best way to stay safe !
Have you read about this instruction to prepare about the upcoming hardfork of bitcoin?
https://bitcointalk.org/index.php?topic=2012799.0

I think that the trezor wallet already become the safe place for you. will be better for you to follow those instructions. That will bring you in the right way to prepare the hardfork of bitcoin


if it safe for the split , means i can get boths coins after the split with trezor then i will stay with trezor , and much thanks for the info
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July 15, 2017, 01:57:01 PM
 #10

hello , im worried about the split and i dont know the best way to keep my btc safe until split happened !

now i am using trezor , is it good way and safe to preparing for the split or should i withdrawal them from trezor ?

anyone can help us coz we really dont understand what is the best way to stay safe !
The best bet is to cashout your bitcoins into fiat so as to prevent any loss of money, after segwit or segwit2x is implented and the market is stable, you enter into the market once more.

 
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Corvet (OP)
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July 15, 2017, 01:57:53 PM
 #11

All decisions are in your hands. If you have sudden needs, you may be able to sell BTC. However, if you choose a long-term investment, you can keep it. Cause we don't know what will happen next month.
Yes you are right, if we consider bitcoins is instrument of investment but technicaly we don't needs do anything,
just put bitcoins on the safe wallets and wait after the activation segwit2x on bitcoin's network (split of bitcoins)
and i think we will get two kinds of coins, it is like ethereum's blockchain become two coins ethereum and ethereum classic.

yes and as guys said , the trezor is best way to keep my coins safe !
RealBitcoin
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July 15, 2017, 01:58:35 PM
 #12

Just hold your own private keys, which is what you should do by default anyway. DOnt store BTC in an exchange.

Corvet (OP)
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July 15, 2017, 02:01:57 PM
 #13

hello , im worried about the split and i dont know the best way to keep my btc safe until split happened !

now i am using trezor , is it good way and safe to preparing for the split or should i withdrawal them from trezor ?

anyone can help us coz we really dont understand what is the best way to stay safe !
The best bet is to cashout your bitcoins into fiat so as to prevent any loss of money, after segwit or segwit2x is implented and the market is stable, you enter into the market once more.

iam thikink of that too but i want converto to tether , do you recommended tether as a convert of fiat ? i heard that they need verification documents but i dont know what is the limit need for asking for documents up 100 btc or low or .. ?
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July 15, 2017, 02:02:54 PM
 #14

Just hold your own private keys, which is what you should do by default anyway. DOnt store BTC in an exchange.

owning private keys its same as storing my btc in trezor , correct me if am wrong
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