Hi All,
I mostly use my hardware wallet to save most of my bitcoins where I have access to my private key.
However, I also keep a good amount of bitcoin in my online BlockChain wallet for quick trading transfers.
my question is, do I need to worry about my bitcoins I hold in my online wallet? Will it be safe? What can be the consequence of August 1st network split on my bitcoins?
Can anyone please give me an answer?
It's ok for you to use that hardware wallet and I hope I could also buy that kind of wallet so that my bitcoin is less in risk and not prone to hack. However, we are not really sure that the predictions on August 1 will happen. The only thing that I suggest for you is that just keep all your bitcoin in your hardware wallet and just wait until August 1 pass over then if you think that nothing happened on the said date, continue to store your bitcoin in an online wallet but, I suggest that when you are going to place your bitcoin in an online wallet, just put a half of it because you are not totally sure that online wallet is safe.