Best place to store bitcoins during the forks

[okae]

On any way where you are the only one who control your private key, obviously there is some ways more secure than others like cold storage etc etc... The worst way are online wallets and/or third party.

That's not what they say in their official statement or what happened with the last fork. They allowed a period of about a month for people to withdraw BCH from the site if they didn't want to convert it there.

Maybe, but again, you will depend on them and why you will want to do it when you can be safe by depends only of you?

[aoluain]

The general consensus is to have a wallet you control
The private keys of. I use exodus desktop wallet and
They are not supporting the october fork.

I would imagine online exchanges like bittrex, poloniex
and coinbase would be safe for the fork also?

[Appie34]

The general consensus is to have a wallet you control
The private keys of. I use exodus desktop wallet and
They are not supporting the october fork.

I would imagine online exchanges like bittrex, poloniex
and coinbase would be safe for the fork also?

I use Exodus too. How to handle if they don't support?

[lady Royal]

The best place to store Bitcoins during fork i guess Is a offline wallet, You should Install your desktop wallet and transfer your Bitcoins in it, However, For me my online wallet is good for me I am not transferring my Bitcoins to any other place during fork.

[aizen10]

I was watching and reading all about the upcoming forks and where to store your btc during them.
I was wondering if ( i know the asnwer of this question but i wanna duble check with the comunity) is it ok to store btc at freebitco.in during the forks to be safe about your coins. I have read their policy about that and i believe it is the safest bet.
What do you think guys?

there a risk if you do play (make some transaction) during hard fork, it has a bigger chance to lose your bitcoin during hard fork, so dont make transaction during that to avoid losing bitcoin, and where to store bitcoin? i think its safe on your bitcoin wallet that have private key or secret phrases and dont transfer your bitcoin on some third party like freebitcoin because like the other folks say, that has a bigger risk if you do that, so i suggest that store it on your bitcoin wallet and dont ever touch or make transaction during the hard fork.

[eann014]

If you want to take risk, just let your bitcoin in your bitcoin wallets because it can increase and it can also decrease its amount and its up to you if you want to take that risk. Some of us are risk takers so they don't care even if bitcoin dump because they are all positive that it will still increase after the fork.

[limopc]

Just curious and not that geeky

If I created a paper wallet and transfers all my BTC to its public address, after the fork sometime I will need to import the paper wallet by scanning the private key.

So, what’s the difference between this procedure and simply keeping the BTC in a mobile wallet that has the private keys stored on the mobile?

Is there any difference?

[TheQuin]

Just curious and not that geeky

If I created a paper wallet and transfers all my BTC to its public address, after the fork sometime I will need to import the paper wallet by scanning the private key.

So, what’s the difference between this procedure and simply keeping the BTC in a mobile wallet that has the private keys stored on the mobile?

Is there any difference?

The mobile is connected to the internet and therefore your private keys could be compromised by malware. Obviously, a piece of paper is not connected to the internet. You need to take care of the safe storage of the paper and have a copy in another location to be safe as possible.

[cryptolinguist]

I am a strong believer in the nano s ledger. Its a cold storage ledger that is known to be reliable and extremely secure. They used to cost like 50$ a year or 2 ago. Now they cost like 130-150 but they are still worth every penny. I have 3 of them!!!

[limopc]

Just curious and not that geeky

If I created a paper wallet and transfers all my BTC to its public address, after the fork sometime I will need to import the paper wallet by scanning the private key.

So, what’s the difference between this procedure and simply keeping the BTC in a mobile wallet that has the private keys stored on the mobile?

Is there any difference?

The mobile is connected to the internet and therefore your private keys could be compromised by malware. Obviously, a piece of paper is not connected to the internet. You need to take care of the safe storage of the paper and have a copy in another location to be safe as possible.

Ok, apart from malware and hacking, my worry is mainly about the effect of fork, replay protection... etc.

Any difference between paper wallet then importing it after the fork and keeping BTC in the wallet?

[posi]

The best place to store your bitcoins before,during and after the forks is an open source hardware wallet that support the forks while you're also the holder of the wallet private keys because the holder of bitcoin wallet keys is automatically the owner and keeper of the bitcoin inside the wallet..

[Faroxx]

I think it's better to store bitcoins during the hard fork on the exchanges, because then you can trade immediately and not wait until the coins will be available for deposit.

[Nawaytes]

I think that's not a good choice, because freebitco.in is a faucet and gambling. It's up to them if at any time they want to close the website and will be very risky for you. Store your BTC in a exchange wallet like bitrex, poloniex, and more big marketplace it would be safer, and it seems they will support it if necessary (like freebitco.in). The entire market still hasn't released an official statement whether they will support BTG on hardfork later, but at least your money will be safer there although not a guarantee.

[ranman09]

Store on cold storages! So you still have hold of your coins. So after the fork you can claim your other coin flawlessly. Yes you can have both coin after the fork.

[Granxis]

I do not know how to keep my Bitcoins safe. I think every stock has a different thought for fork. There is still time. I will transfer Bitcoin to a safe place up to 5 days.

[domcer]

Guys, what do you think about keeping BTC in Exodus during the fork? Is it a good idea?

[cah ndablek]

I was watching and reading all about the upcoming forks and where to store your btc during them.
I was wondering if ( i know the asnwer of this question but i wanna duble check with the comunity) is it ok to store btc at freebitco.in during the forks to be safe about your coins. I have read their policy about that and i believe it is the safest bet.
What do you think guys?

I still rely myetherwallet place to store the coins obtained from several types of project. although many risk that appears suddenly but not be a barrier for me to stay trust the best performance during this time.

[TheQuin]

Ok, apart from malware and hacking, my worry is mainly about the effect of fork, replay protection... etc.

Any difference between paper wallet then importing it after the fork and keeping BTC in the wallet?

I can't see any difference in that respect. The two forks are slightly different as Bitcoin Gold will use different addresses it has replay protection. You will have to take the same precautions with your private keys whatever wallet you use. Make sure you move your BTC to a new wallet after the fork then move the new coins as soon as you can.

[futurebitcoins]

I think it's better to store bitcoins during the hard fork on the exchanges, because then you can trade immediately and not wait until the coins will be available for deposit.

Don't store all of your bitcoins in exchanges if you got more coins because it is not safe.

[paolo099]

i have such a small amount of BTC that i'm keeping it in an exchanger (kraken), very solid, reliable and hopefully, will enable the new coin as soon as possible.
In the previous fork, my dust was stored in Poloniex and i had no issue as well.
The transaction fees for withdrawal is not that low (for the small amount i have) so i prefer to keep it there with my finger crossed.