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RE: Bitfinex Catches Manipulators in Bitcoin (BTC) / Bitcoin Cash (BCH) Fork

in #bitcoin7 years ago (edited)

True, although if you really want to reduce your risk you should be keeping your BTC in a hardware wallet or at least a paper wallet. If you're not day trading there's no point in having it on an exchange.

Although during this fork the folks who kept their BTC on exchanges like Bittrex got first mover advantage to dump their BCH so it definitely worked in their favor.

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All good points. I agree about wallet vs. exchange. Did you get some BCH and decide to dump it? I'm curious about various perspectives on to keep it or not.

I dumped mine as soon as possible. Unfortunately, by the time I was able to get it onto an exchange it had already crashed pretty hard.

By the looks of the BCH charts, I would say a lot of other people did the same.

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