RE: August to be a BREAKING month for Bitcoin ?

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August to be a BREAKING month for Bitcoin ?

in bitcoin •  7 years ago 

what will be the best wallet to keep your BTC before the start of UASF?

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Just have your private keys, then you can import to any wallet.

Good question for people with less knowledge though - thanks!

Hi kingscrown,great post, do you know of any links to info for newbies like me about this subject,upvoted.

what if we use online wallet instead?
does that make any potential to loses?

An online wallet is never a good idea, yes you would be at risk. Download a wallet, there are many options.

thanks, I will check some offline wallets :)

As in all of those words and numbers when setting up a new wallet?

If UASF has the potential to result in two Bitcoin networks, wouldn't that make it a hard fork? What else can UASF do? And why is it so geared toward off-chain scaling proponents?

what if your investment is in other altcoins? hm?

I would recommend a Ledger Nano S. https://www.ledgerwallet.com/products/ledger-nano-s You need to be on a system where you control your keys. Do not leave on exchange before USAF.

Why? What will happen if i havent transfer any? Hardware wallets are in demand nowadays and will have stock this coming september..

Make sure your computer security is absolutely sound. That is the most important thing. I would use a dedicated mini computer as your wallet. A fresh install, no bloatware, good anti virus, anti malware and a good OS.

Or paper wallet.

  ·  7 years ago (edited)

Purchase a hardware wallet! About the safest you can be : store your private keys inside an external device. I don't regret buying a trezor some time ago. During the process of setting it up, you also need to put a token sequence down on paper that you need can store in a safe place and use to restore your wallet if you ever loose it.

  ·  7 years ago (edited)

Ledger Nano S. I purchased one recently, you may need to order it from overseas. Order it now, otherwise you may not get it before Aug1st. You will find Utube instructions on how to instal - it's very easy xx