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PaperclipPerfector  5mo ago (text post)   3795 thread views

Small-Scale Question Sunday for June 2, 2024

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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Transferring the coins to a cold wallet is a good start. Write down multiple copies of the seed phrases and passwords and store them in multiple safe and accessible places.

Will I lose out on my Bitcoin Cash if I just transfer the BTC from my ancient wallet to a new one? My old one doesn't even have a seed phrase, so it seems important to get a more modern one. Might order a Ledger Nano X or Nano S Plus...

Will I lose out on my Bitcoin Cash if I just transfer the BTC from my ancient wallet to a new one?

BTC Cash and BTC are different cryptocurrencies. If you buy a new wallet that supports both, I can't imagine you losing anything.

My old one doesn't even have a seed phrase, so it seems important to get a more modern one. Might order a Ledger Nano X or Nano S Plus...

I recommend Ledger. I've had one of their cold wallets for years without issue.

Yeah but I'm talking about the fork issue. My btc are from pre-fork days. When the fork happened, those who had btc were given a corresponding amount of bitcoin cash and some other forked-off coins too, but they're sort of glued together with the btc.

Hardware wallets - what do they actually give you that a written down seed phrase + password wouldn't?

As I remember from the bcash fork back in the day, you should basically just have a wallet which works on both the bitcoin and bcash chains.

Like if you import your private key into a modern client that supports bcash, you should just see a balance there that you can move to an exchange and sell.

Yup. That's still the case. I was able to claim my bch.

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