Have you ever been stolen or lost your BTC? - page 5.

Eugenar

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Activity: 1274

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Quote from: vapourminer on October 17, 2019, 11:14:03 AM

stolen? sure.. various exchanges and pools stole some.

lost? that too. those were all purely due to my own stupidity.

We don't have an idea but there's a possibility that in paying transaction fees, exhanges might take away even a few amount of excess fee. In this regard, a small amount in a huge volume of traders is a bug issues. So far, I haven't experienced getting my bitcoin stolen directly yet.

asus09

sr. member

Activity: 1344

Merit: 270

Quote from: josephsonand on October 17, 2019, 10:09:45 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?

Every person are invested money in bitcoin or altcoin ever stolen bitcoin and altcoin assets with different reason, maybe some one stolen bitcoin by sending to scammer wallet and some person got stolen by hack bitcoin exchange wallet account with less security, I got stolen bitcoin assets because I not use authicator for my bitcoin exchange account, I got stole on Binance exchange account.

djsugar

sr. member

Activity: 686

Merit: 262

I lost my BTC to a fraud exchange. During the 2017-2018 bull run, many new exchanges came and many people got scammed by such fraud exchanges. Exchanges left when the market started correcting. I lost almost 2btc to such an exchange which was worth almost $35k that time. But every loss is a learning. Since then, I keep my crypto in a wallet and not on exchange until and unless I am trading.

Ashong Salonga

sr. member

Activity: 882

Merit: 260

Yes, I’ve already lost bitcoin because I have been scammed. It was like the idea of phishing where if you click the link, they will be able to get your account details and get your money in your wallet. I do not know why there are people who do such thing.

Magkirap

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Activity: 896

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★Bitvest.io★ Play Plinko or Invest!

Quote from: josephsonand on October 17, 2019, 10:09:45 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?

You must first make sure that the company or the team behind the digital wallet is credible. Also, it is better to use wallets that are trusted or was operating long time ago for it was already known and probably know how to operate. On the other hand, we must be aware about possible threats such us apps that requires to put our passwords and informations or unexpected and malicious emails.

k@suy

sr. member

Activity: 882

Merit: 269

Quote from: Mike Mayor on October 23, 2019, 07:46:29 PM

I am careful what I do and try to check where I am sending my crypto to. I have lost a lot of crypto sending bch to a bitcoin address on localbitcoins. Sad

I also signed up for an online eth wallet which I later couldn't access after being paid out a lot for a bounty Sad

I know you must not use online wallets but eth had just come out and there were not that many wallets to choose from. Many people lost out because of that. Now I use a hardware wallet and will never use anything else again. NEVER USE AN ONLINE WALLET!!

Its good for you, I have lost a lot, not because of online wallet but because of trading to a lower amount and then after few more days the coin goes up. But in terms of wallet it is not bad to use online wallet as long as you will put different security measure such as 2FA and SMS verification.

bitcoinposts

member

Activity: 448

Merit: 10

i came across scam bitcoin which i got mislead by one investment company we should extremely cautious in sending btc payment through links

Mike Mayor

hero member

Activity: 966

Merit: 535

I am careful what I do and try to check where I am sending my crypto to. I have lost a lot of crypto sending bch to a bitcoin address on localbitcoins. Sad

I also signed up for an online eth wallet which I later couldn't access after being paid out a lot for a bounty Sad

I know you must not use online wallets but eth had just come out and there were not that many wallets to choose from. Many people lost out because of that. Now I use a hardware wallet and will never use anything else again. NEVER USE AN ONLINE WALLET!!

Edraket31

hero member

Activity: 1190

Merit: 511

Quote from: Oneandpure on October 22, 2019, 10:23:24 PM

Quote from: josephsonand on October 17, 2019, 10:09:45 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?

Stolen bitcoin assets because our fault with using incorrect link when access to bitcoin website, I ever lost my bitcoin assets in my exchange account because I click unknow link sent to my gmail, I don't know about this link and have lost about 0.1 BTC when bitcoin still $500, but if bitcoin price not $8 I have lost about 800$ in my wallet.

That's so sad to hear that there are lots of phishing link in all aspect via gmail, telegram any even in facebook but, so far, not yet a victim of phishing link as I am very much careful with everything that I am clicking. I don't want to get hacked so I am very careful with it, especially in telegram as you will receive a lot of virus sending you in PM.

Oneandpure

sr. member

Activity: 2114

Merit: 309

Quote from: josephsonand on October 17, 2019, 10:09:45 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?

Stolen bitcoin assets because our fault with using incorrect link when access to bitcoin website, I ever lost my bitcoin assets in my exchange account because I click unknow link sent to my gmail, I don't know about this link and have lost about 0.1 BTC when bitcoin still $500, but if bitcoin price not $8 I have lost about 800$ in my wallet.

MathGame

member

Activity: 168

Merit: 10

Never lost bitcoin in the name of Hacking or something like that in the past because I store my bitcoins on desktop wallets called Exodus and Jaxx. these are among the most robust bitcoin wallets ever created for desktop. I also don't like the idea of keeping my bitcoins on the exchanges due to the hacking issue. I feel more safer keeping my bitcoins on my PC than crypto exchanges.

Asmonist

sr. member

Activity: 756

Merit: 251

I lost my btc in trading. I just left it for how many months. There was an email sent to me that I need to withdraw it but unfortunately I have read it after the due date. I regret about it and I realize I must regularly check my emails.

StayFly

member

Activity: 168

Merit: 10

Well, for me I store all my bitcoins and altcoins in online wallets such as Xapo, MyEtherWallet, and Blockchain. No one ever stole my bitcoin or altcoins because I don't play when it comes to securing my private keys. I take my online wallet security very seriously, I use secure passwords and always activate my 2FA authentication.

Coinpush

newbie

Activity: 6

Merit: 0

It would be interesting to know just how much BTC has been lost, eg. stolen computers, lost hard drives, forgotten private keys.

Wysi

sr. member

Activity: 1638

Merit: 261

Quote from: Colt81 on October 22, 2019, 12:25:32 PM

Quote from: josephsonand on October 17, 2019, 10:09:45 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?

No. i haven't lost or got stolen my BTC or other cryptocurrencies because i am very careful when it comes to my funds, but i knew a friend who lost his funds because while my friend was away from his trip he accidentally lost his bag where his ledger or hardware wallet and phone are both inside his bag, and he got really depressed after that incident. I think using a hardware wallet is the safest way to store all of your funds because it is not prone for hacking unlike online wallets, but you should not misplace it and you should hide in a safe place with your private keys, and also do not bring it along with your long way trips like my friend did to avoid lost.

I have lost a good amount of bitcoin by missing the key for blockchain and only god know what was the password as I literally tried every single password I could remember but it didn't work. I had saved some bitcoins when it's value was somewhere around $400 and then realized it's worth when it was over $2,000 but unfortunately I could not retrieve it. I still regret it and learnt a lesson of saving all the details in the email as well.

brokaine

newbie

Activity: 6

Merit: 0

I was once broken into while AirBnb'ing for a single night and a funeral. Shocked

They stole 2 laptops, 4 phones, all my backup hard drives (I was only 40min away from home and needed to get some work done that night) and every cable I owned (Who steals cheap power cables, is it not too much effort and loud to unplug??). Anyway, that night I was in the middle of moving some crypto from a secure wallet to a temp wallet to complete a transaction the next morning once confirmations cleared. The funny part... They stole all my stuff and never touched the crypto. The temp wallet is still out there, wondering the earth just waiting for someone to find it.

To the person that finds it... "You lucky duck, I hope you do something cool, like fund a way to track me down and give me back my laptop, that would be so nice."

Colt81

sr. member

Activity: 630

Merit: 265

Quote from: josephsonand on October 17, 2019, 10:09:45 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?

No. i haven't lost or got stolen my BTC or other cryptocurrencies because i am very careful when it comes to my funds, but i knew a friend who lost his funds because while my friend was away from his trip he accidentally lost his bag where his ledger or hardware wallet and phone are both inside his bag, and he got really depressed after that incident. I think using a hardware wallet is the safest way to store all of your funds because it is not prone for hacking unlike online wallets, but you should not misplace it and you should hide in a safe place with your private keys, and also do not bring it along with your long way trips like my friend did to avoid lost.

darewaller

hero member

Activity: 2968

Merit: 640

Quote from: josephsonand on October 17, 2019, 10:09:45 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?

The person is not far from truth because it is never advisable for anyone to really keep his or her coins in any exchange because no matter the security that we think the exchange has, there are always very terrible hackers out there that will always take advantage of these exchanges weakness which they will always find out, although sometimes, it could be very difficult to get the loop holes of these exchanges except it is coming through someone that really knows the exchange very well.

I mean an internal person, but all the same, it is better to make use of private wallet that one can actually have his or her private keys to it, once we have our private keys and we use a strong password, I think we should be good to go about it.

Peashooter

sr. member

Activity: 868

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I lost a bitcoin before in which it is I am starting trading back then and I don't have any enough knowledge about cryptocurrency that's why I tried to dive in the cryptoworld so that I can gain extra knowledge about it. And when I am starting to earn in that trading platform it begun to I can't withdraw my earnings and they say that it is unavailable those times so I just ignored it and one day the trading platform system become down then it doesn't paid off my earnings and my hardworks for trading on that platform.

DarkIT

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Activity: 1176

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Quote from: josephsonand on October 17, 2019, 10:09:45 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?

Regarding this matter, until now I have held the assets that I have at a local exchanger, and I think it is safer. I did that because a few years ago, I lost some of the bitcoin that I had in my blockchain wallet. Well, it made me a little bit beaten considering how difficult it was to collect bitcoin. Since then, I always hold the assets that I have in the exchangers. indeed there are quite a lot of pros and cons regarding this, but I am more confident with local exchangers, and I can access them at any time.

I always thought of having a hard wallet, I thought it was much safer, but I couldn't do it due to some personal reasons.

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