is it good idea to transfer my LTC to a hard wallet? What is the process if there is a fork? i.e to I have to transfer my LTC back to Coinbase in order to get the ''potential'' new coins? please ignore my lack in these technicalities, i have been in this market only for a few months... thanks
Most People say move to Hardware or paper wallet is the only safe way to store long term. The only nice thing about Conbase if you are a US citizen is the USD wallet is FDIC insured up to 250k so even if exchange goes Kaput, your dollars are safe. Also you can't lose it or send it to the wrong address,m pity the guy over in England with 150 mil in BTC in the landfill.
also if you run the LTC wallet on your desktop then you wouldn't have to transfer back to coinbase to extract the new coins.... is there a fork coming???