Post
Topic
Board Trading Discussion
Re: What should I do?
by
RedditMaster
on 21/07/2017, 19:34:23 UTC
Ok so here's the thing

I have a few bitcoins on btce.com and a few on a [Suspicious link removed] wallet and I've noticed the price dropped really fast the last week.
Me being a newbie and didn't quite know what was going on read something about segwit and hardfork
I learned that it would be wise not to leave the bitcoins on btce but store them somewhere else.
Is blockchain a good wallet to store the coins in during the hardfork? Or should I get another wallet?
When the coin splits I obviously want to end up with both the old an the new coin of course.

Or does someone maybe have a better idea what I should do with them?

It's not a whole lot in total, it's about 0.15 BTC or so

I also have Bitcoins on btc-e. While I trust them, I have learned the hard way that exchanges which seem trustworthy can fail. I did not lose when MT.Gox shut down (was just learning about Bitcoin then), but I did lose 22 Bitcoins when Cryptsy stole everyone's coins and also when a different exchange (forget the name Tongue) shut down.

Unless you plan to trade on BTC-e, you should move your Bitcoins off of exchanges ASAP.