**Let's take a poll: Safely sold or Safely stored?

in #bitcoin8 years ago (edited)

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On August 1st when we experience the UASF (User activated soft fork) - if you are not careful,you may lose you Bitcoin!

Therefore I ask,what are you going to do?

1.Put your Bitcoin into a cold storage wallet or a wallet that supports BIP 148?

OR

2.Sell your Bitcoin into other cryptocurrencies such as Ethereum until all the rough riding has settled down?

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Is BIP 148 completely necessary? Or are my older wallets fine? I was just going to keep it in there...

Hi andre248!

I would advise you to make sure you have your bitcoin in a wallet that supports BIP148.

The following exchanges support BIP 148:

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Also have a look at cold storage wallets - it is all about making sure that you hold your private keys and not a service.

All the best man!

Thanks! Do you have a recommendation for a cold storage wallet that supports BIP 148?

Yeah have a look at:

Electrum: https://electrum.org/#home

Also you can have a look at Trezor or Ledger wallets

Thank you kind sir. Have a good day!