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Topic: Have you ever been stolen or lost your BTC? - page 3. (Read 1209 times)

full member
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
November 21, 2019, 07:55:43 PM
Previously, when I started investing in Bitcoin, I had many times stolen my BTC, but it was only a small number (under $ 100). I trusted a crook and traded with him. Besides, the airdrop program contains malicious code that made my computer controlled. As for BTC's blockchain technology, I don't think it will be hacked.
sr. member
Activity: 2114
Merit: 309
November 21, 2019, 07:38:24 PM

You can't really assure your coins is safe even if you have installed the wallet on your desktop or your phone, since the physical characteristic of these devices can still be access by someone who had accessed your private keys, its these private keys that you need to keep safe. Some are just making sure they won't forget the 12 words in their mind and they can now travel everywhere in the world with just that and they can access it after crossing borders.

One incident that I lost my coins is I lose my private keys and I believe many of us experienced this too. I don't have much to the wallet but its still a good amount to at least make me live for a month or two.

That's the beauty of Cryptocurrency, you can travel anywhere in the world and access your coins, you should be aware of all the risk involving in keeping all your coins be it in your wallet, in your phone in your vault but the best protection is your mouth and whom you trust if someone you know, knows about Cryptocurrency and private keys and he knows where you are holding it, then you are in trouble
I have been stolen my bitcoin and altcoin assets during five year become crypto hunter and investor, I remember with how much assets stole safe on my etherwallet, I think have lost more than $200k exrn coin where price last two years high, maybe if not use one wallet for saving my altcoin assets maybe I will not lost all my altcoin, for the future I will keep safety my coin.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
November 21, 2019, 07:29:30 PM

You can't really assure your coins is safe even if you have installed the wallet on your desktop or your phone, since the physical characteristic of these devices can still be access by someone who had accessed your private keys, its these private keys that you need to keep safe. Some are just making sure they won't forget the 12 words in their mind and they can now travel everywhere in the world with just that and they can access it after crossing borders.

One incident that I lost my coins is I lose my private keys and I believe many of us experienced this too. I don't have much to the wallet but its still a good amount to at least make me live for a month or two.

That's the beauty of Cryptocurrency, you can travel anywhere in the world and access your coins, you should be aware of all the risk involving in keeping all your coins be it in your wallet, in your phone in your vault but the best protection is your mouth and whom you trust if someone you know, knows about Cryptocurrency and private keys and he knows where you are holding it, then you are in trouble
hero member
Activity: 3038
Merit: 617
November 21, 2019, 03:04:42 PM

You can't really assure your coins is safe even if you have installed the wallet on your desktop or your phone, since the physical characteristic of these devices can still be access by someone who had accessed your private keys, its these private keys that you need to keep safe. Some are just making sure they won't forget the 12 words in their mind and they can now travel everywhere in the world with just that and they can access it after crossing borders.

One incident that I lost my coins is I lose my private keys and I believe many of us experienced this too. I don't have much to the wallet but its still a good amount to at least make me live for a month or two.
sr. member
Activity: 1148
Merit: 432
November 21, 2019, 02:42:41 PM
I have never lost the amount of BTC because of the experience of some of the people written in the thread, I really have to thank those who provided a lot of information. if there are people who are still experiencing it, they should improve security measures in managing data
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
November 21, 2019, 01:27:37 PM
So far I have never experienced BTC being stolen or losing BTC in the wallet I used and hopefully I have never experienced it because I only use a wallet that already has a good reputation and popularity in the community. But about the coins that I keep on the exchange at least it's just stupid mistakes that I experienced such as forgetting my password and about the problems with the exchange itself, but all problems can still be resolved well even though it takes time to get a response.
full member
Activity: 1204
Merit: 104
November 21, 2019, 01:11:14 PM
Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?

Where do you keep crypto? Have you ever been stolen?
Honestly, i have never experienced losing my funds or bitcoin because i keep all of my funds in a safe place, and i am using a ledger which is a hardware wallet that you can also used it through offline, that is why it will be difficult for hackers to access in this kind of wallet.
It seems to me that storing cryptocurrency on the exchange, as the previous user spoke about, is a completely wrong act.  This is very dangerous, because today cryptocurrency exchanges are often subjected to hacker attacks.  Nevertheless, there is always a certain amount of funds on exchanges, especially if a person is involved in cryptocurrency trading and these funds are always at risk.  But for example, the Binanse exchange has a certain fund with which it can cover all expenses associated with the theft of funds from a hacker attack.  And I also want to say something that you can never be 100% sure of safety.  I had not been worried about Myetherwallet before, because I considered this fortress impregnable.  But once, all the money was stolen from my wallet and I don’t know how it happened.  No one could get my passwords, secret key and file key.  This is unambiguous.  But the fact remains that someone got access to my wallet.
full member
Activity: 382
Merit: 101
November 21, 2019, 11:56:21 AM
Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?

Where do you keep crypto? Have you ever been stolen?
Honestly, i have never experienced losing my funds or bitcoin because i keep all of my funds in a safe place, and i am using a ledger which is a hardware wallet that you can also used it through offline, that is why it will be difficult for hackers to access in this kind of wallet.
apparently i have being scam several time in exchange, casino and personal trade. I might made stupid decisions but that all for the process of learning. lol. i lost a lot of money on trading altcoins and now i start from the underground again.
sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
November 21, 2019, 11:40:05 AM
Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?

Where do you keep crypto? Have you ever been stolen?
Honestly, i have never experienced losing my funds or bitcoin because i keep all of my funds in a safe place, and i am using a ledger which is a hardware wallet that you can also used it through offline, that is why it will be difficult for hackers to access in this kind of wallet.
newbie
Activity: 7
Merit: 0
November 21, 2019, 09:32:41 AM
It's quite easy to decide which wallet to choose if you know how cryptocurrencies work.
To keep it short, any wallet whose private key you own is considered to be safe.
For example, in case of bitcoin, there are many wallets like Mycelium and Exodus that gives you the ability to store your private key.

I have never used mycelium, but I have experience using exodus. I can say that this is a fairly convenient and reliable wallet. In principle, most other people also respond positively to exodus. https://revain.org/wallets/exodus - but here you can see some negative reviews. This does not surprise me at all. People always have different opinions. I believe that these wallets are reliable to a certain extent. But if possible, then I would rather choose a hard wallet. All the same, at the moment, this is one of the best ways to save your money. You may have only few crypto, but who knows how much they will cost in the future.
full member
Activity: 1890
Merit: 101
November 06, 2019, 09:13:44 AM
I never lost Bitcoin because of hackers or scam exchanges, but I was deceived several times by ICO scams. I once invested a few mBTC but the ICO turned out to be a scam and turned off investors' money, certainly many have experienced this besides me.

ICO so far has been very disappointing, it's safer to join in IEO.
full member
Activity: 185
Merit: 100
November 06, 2019, 08:45:33 AM
Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?

Where do you keep crypto? Have you ever been stolen?
I've never lost bitcoin because I make sure my wallets and passwords are properly protected to prevent hackers who want to steal but my friend already lost some money because of scam exchange sites
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?

Where do you keep crypto? Have you ever been stolen?
nope i am not a victim of stolen Bitcoin but i have lost some amount because of my diligence ,i have mistakenly sent BTC in my ether wallet because of copy pasting so thats my foolishness actually
but saying not to let your crypto stays in exchange?yes thats perfectly say because those platform are vulnerable from the bad elements here and mostly becoming a victim of hackings so for you to keep safe the bitcoins better let it stay in your wallets
newbie
Activity: 23
Merit: 0
Yes, one time, when Bitfinex was hacked. I had actually been holding ETH on there. Not all of my crypto but a chunk that was very painful to lose. I had only been holding it on there for a week and was already thinking I should get it off now because it's so dangerous holding it on an exchange. That happened to be the week that Bitfinex was hacked and tons of their customers' BTC was stolen. They repossessed 100% of my ETH to pay back the people that lost their BTC and gave me "Bitfinex tokens" or whatever they were called. Saying that it was their goal to make them worth $1 one day and thus repay everyone but for now they could be open sold on the market. So I didn't trust that Bitfinex would stay solvent and sold them at $0.30, which resulted in a 70% total loss of funds. Better than nothing.

Bitfinex did end up coming through on their promises but I'm staying away from them forever since that incident. My own fault anyway, I knew well enough that leaving stuff on an exchange is high risk.
sr. member
Activity: 2506
Merit: 368
Where do you keep crypto? Have you ever been stolen?
From the start I started to enter crypto and own Bitcoin, I'm thankful it was never stolen. I am always careful in surfing the internet by always checking the web address and contents. Because the hacker could have made a phishing site to take our private keys money. So, it's better to save and use carefully Private keys and passwords when entering a website.
The same happened to me because I am always curious of how things going behind the internet that's why I always check whether it's a legitimate site or not. And also keep away that private keys from the internet and always make a backup keys with your paper wallet.
sr. member
Activity: 798
Merit: 251
Small Trader
Where do you keep crypto? Have you ever been stolen?
From the start I started to enter crypto and own Bitcoin, I'm thankful it was never stolen. I am always careful in surfing the internet by always checking the web address and contents. Because the hacker could have made a phishing site to take our private keys money. So, it's better to save and use carefully Private keys and passwords when entering a website.
sr. member
Activity: 1176
Merit: 301
I have lost some crypto but it wasn't BTC .
It was back on my first ever try on DEX,
I thought it was just like CEX and I tried to create an account (connect a new wallet) then I sent some erc20 tokens and leave.
Then I tried to open it on a different PC but I forget to save the private key I only have the Public key .
hero member
Activity: 1638
Merit: 518
Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?

of course that right. every single action we do , have a pros and cons. even if u choose to sleep.
about saving your BTC on exchange , well, it depend what kind of exchange you choose.
basicaly, the exchange have the responsibility to protect their customers' funds, as long as the customer does not make an external mistake, the exchange guarantees that all internal problems are their responsibility.
but sadly, on crypto sphere, some exchange can be wild animal, wich take all of costumer funds.
how do you actually know, which wallet will be safe? How did you choose your current wallet?
Where do you keep crypto? Have you ever been stolen?

i choose wallet by rating from veteran people on crypto world, and rating by exchange have a high trust.
on nowdays, i put 70% of my funds on exchange wallet, for do some day trading, and the rest,i put on mobile wallet and i never touch it for long time.
yes I have , on 2016 when my email got hacked and all of my balance on exchange get stolen , since i never using 2FA on that time.
legendary
Activity: 1568
Merit: 1002
never been stolen but about losing a few coins i have experienced them because at that time some of the coins that i had were saved in one of the exchanges just to make it more practical and not cost too much. this is about an option and i still have a local exchange which so far is safe and good for saving several altcoins and for the most part i only use a wallet application that at least the user can save a private key
sr. member
Activity: 812
Merit: 257
there are some unsafe exchanges for storing bitcoin, I have experienced that there is often a login in my exchange, I know because there was a notification in the email, fortunately I don't have a lot of bitcoin in the exchange, if you want secure bitcoin storage you can use Ledger Nano.
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