Dos And Don’ts In A Bitcoin Hard Fork
Do research on the hard fork and its purpose before making any decisions on how to handle it.
Don’t panic and sell your bitcoins immediately during a hard fork.
Do keep your private keys safe and secure during a hard fork.
Don’t use third-party services to manage your bitcoins during a hard fork.
Do keep your software and wallet up to date during a hard fork.
Don’t use exchanges to store your bitcoins during a hard fork.
Do monitor the prices of the new and old cryptocurrencies after a hard fork.
Don’t make any hasty decisions on which cryptocurrency to keep or sell after a hard fork.
Do understand the risks involved with holding or trading the new cryptocurrency after a hard fork.
Don’t ignore any security warnings during a hard fork.
Do seek advice from experts in the field before making any decisions during a hard fork.