i think i sussed this out.
i transfer all my LTC from exchange to litcoin core wallet on my PC i just finished setting up, wait until it forks, a couple blocks later move back to the exchange where it came from, download the new Litecoin Cash wallet, extract my private key from the Litecoin Core Wallet on PC and put into the Litecoin Cash wallet and claim my lite coin cash.
that about right???
yes and no.
dont send your coins back to an exchange. keep them in you wallet.
send you coins from the exchange to jaxx.io wallet. empty this wallet after the fork and send you coins to
http://electrumltc.org wallet. you dont have to download the blockchain and you have the private keys.
So, I want to revert back to using the same wallet which I use to hodl my stash of LTC, safely (not necessarily the same wallet.dat, just the same litecoin core on PC1)
?will this work:
Hodling LTC in litecoin core wallet in PC1...
wait for fork...
after fork move coins to litecoin core wallet in PC2...
take privkey from PC1
import privkey to LCC wallet
dump free shitcoins
delete wallet.dat from PC1 (this being the initial privkey which earned free LCC at fork)
reload litecoin core on PC1 (this gives a new wallet.dat - and new privkeys)
move LTC from PC2 back to PC1.
this'll keep my LTC safe, right?