RE: Bitcoin $17,000 Target Update & SegWit2x Returns

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Bitcoin $17,000 Target Update & SegWit2x Returns

in bitcoin •  7 years ago 

What do I risk if I leave my crypto on Coinbase or gdax?

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7 years ago by

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      ·  7 years ago 

    The risk is of somebody hacking GDAX as it happened with Mt.Gox in 2014. If you do not trade daily, transfer the crypto to your software wallet (that could also be hacked on your mobile phone as McAfee warned), or better yet place it to your hardware wallet.

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        ·  7 years ago 

      You will not get the same amount of the new coin instantly after the segwit2x.

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          ·  7 years ago 

        Yup, I don't keep money of any kind, be it fiat or crypto, on the exchanges any longer than I need it for trading/settlement of funds.

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            ·  7 years ago 

          That's good to know. I don't keep any more money in the bank than I have to. I don't trust the banks.

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              ·  7 years ago 

            But, if I have my crypto in an offline wallet I will?

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                ·  7 years ago 

              Yes, that's the point.

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