"Where to park my Bitcoin before 1. August possible hardfork?" (Total Newb)

[giveen]

I checked about electrum and people are correct about it just setup a electrum wallet and store your bitcoins in it they will take care if rest , i even got a email from cex exchange stating that they can correctly take care of your funds during hard fork. If you still feel unsafe just convert your coins to any stable alt like doge if you are really concern about your funds.

[Roccker]

No need to send your btc anywhere

Well, i have them on an exchange right now. So will send to electrum.
Will not buy an alt, cause that is a tax-event, i would have to pay taxes.

[Dakustaking76]

I have a question to,

Are my bitcoins save at kraken?

[AlcoHoDL]

Are my bitcoins save at kraken an exchange site?

NO!

Your keys, your money.
Not your keys, not your money!

[Dakustaking76]

Are my bitcoins save at kraken an exchange site?

NO!

Your keys, your money.
Not your keys, not your money!

Realy ?
What can i do now as Fast as possible ?
Making over to an hardware wallet?

[AlcoHoDL]

Are my bitcoins save at kraken an exchange site?

NO!

Your keys, your money.
Not your keys, not your money!

Realy ?
What can i do now as Fast as possible ?
Making over to an hardware wallet?

The easiest thing you can do is install a good wallet app on your smartphone and move your coins there. A good choice is Mycelium Wallet (available on both iOS and Android). When you install it, make absolutely sure to write down and safely keep the Recovery Seed (12 or 24 words given in a specific order). Those words are your private keys (they are the map to get to them).

Another option is to use a paper waller generator to generate a paper wallet and move your coins there. A good choice is https://bitcoinpaperwallet.com. Make sure you follow the security guidelines towards the bottom of the page. Ideally you should run the paper wallet generator code on a "live DVD" or virtual machine that is not connected to the internet, print the wallet, and then reboot your PC (or wipe out the virtual machine session).

The best choice is to use a hardware wallet such as TREZOR, but I don't think you have enough time to purchase one and have it by 1 August...

Using any of the above methods, you control your private keys and, therefore, you own your coins.

[sailman]

So I've been trying to transfer my coin from Coinbase to my wallet since yesterday and nothing happens. I've tried 4 times. They say there's going to be a delay but I'm pretty convinced that it's not happening so it's going to stay on the exchange. One thing slightly worries me though, I'm wondering if my repeated tries are going to cause an error. It's like you go to send, paste the address, type the amount and hit send. Then the blue button blinks, and comes back again- no change. No 'ok transaction ', nothing. When I go to history it shows no transaction and my Coinbase btc wallet shows no change.

[moviebuff777]

Hi there!

I am such a newb, i did hardly ever even send any bitcoin.

So, everybody says i should move my bitcoin away from exchange. To a wallet. So i surely get also the coins from the new Chain that is possibly created.

Now even with this simple thing, i am unsure of myself.
I imagine making some small stupid mistake and losing my life savings.

What is an easy solution for dummies?

Thanks a lot

Just make an offline wallet or paper wallet and then move the bitcoins there. It's the safest place to keep bitcoins anyway.

You can still move them back to an exchange later, but if you aren't going to be trading them, I suggest that you keep them as safe as possible on an offline wallet for storage.