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24 sats \ 2 replies \ @k00b 8 Jul \ on: A Simple Guide to Selling Bitcoin Forks bitcoin
Before the fork:
  1. Securely generate a brand new seed phrase using a hardware wallet. Name this FORK Wallet.
  2. Move the bitcoin into FORK Wallet. The old wallet (PRE-FORK wallet) is now empty of BTC, but keep all the old seed phrases secure because they will be used again later.
  3. Keep the bitcoin secure in FORK wallet until the fork.
After the fork (FORK wallet now secures forkbitcoin and real bitcoin):
  1. Move the real bitcoin from FORK Wallet back into PRE-FORK Wallet. Wait until the transaction is confirmed. The seed phrase generated for FORK wallet is now empty of real BTC.
WARNING: Confirm that all the BTC is back and secure in PRE-FORK wallet before continuing.
  1. Take FORK Wallet seed phrase and load it into wallet software that can sign a Forkbitcoin transaction. The FORK wallet seed phrase is now COMPROMISED, and should not be used for real bitcoin ever again. I write "compromised" on this seed phrase and file the seed phrase away.
  2. Move the Forkbitcoin to an exchange that accepts it and wait for confirmations (this could take a while).
  3. Sell Forkbitcoin for real bitcoin. Withdraw the real bitcoin into PRE-FORK Wallet, and enjoy!
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1 sat \ 1 reply \ @guerratotal 10 Jul

If I hold Bitcoin in my offline wallet, will anything happen with this fork if I don't touch the funds?

I'm asking because I made my first transaction to store my sats just a month ago, and now this happens hahahaha.

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24 sats \ 0 replies \ @k00b 10 Jul

Your sats are safe if you do nothing - which is what most people should do. This guide is only for selling the fork coins.

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