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 of August 1st network split on my bitcoins?
Can anyone please give me an answer?
Blockchain.info you do hold your own private keys with, therefore I don't think that you need to worry much about it. Hardware wallet is one of the safest ways to keep your bitcoin, again you should be able to claim your bitcoin cash fairly easily if a fork happens. No need to worry. If you want to be extra safe then transfer your btc from blockchain.info to your hardware wallet as well but imo that's not really necessary especially if involving low amounts.
You should be good to go looking at what you have said above. If you have any funds on exchanges, just make sure that you have withdrawn them to your hardware wallet.
consequences? Well you'll just get two bitcoins of the same amount of what you've previously held. For example if you held 2 btc, then you get 2 btc and 2 bcc after fork.