I am new to the crypto world and I need your help please... My situation is challenging so I will try to simplify it in the following points:
1- I have installed "Bitcoin ABC" and "Knots" on the same computer
2- Transferred bitcoin to the "knots" and bitcoin cash to "bitcoin ABC" from internet trading website.
3- The transfer went smooth and I saw the coins (although they were mixed up in type.. for example it showed bitcoin cash coins as bitcoins)
4- Hearing about an easy way to store bitcoin, I installed Electrum also on the same computer by creating a standard wallet (for some reason now I realised it is a multi-sig wallet, even though I am sure I did not create it this way)
5- I obtained the private key that has the bitcoin from "Knots" and swapped it in Electrum
6- When I saw the bitcoin in my electrum I thought that this will enable me to send it at anytime using electrum so I deleted the "knots"
7- Now I have:
a) Electrum wallet it is called 2_of_2 but I cannot find the 1_of_1 wallet (if I will need it to send the bitcoin)
b) I have full access to this electrum wallet so I managed to get the private key, address that has the coin and the transaction details. However, I cannot send the coin anywhere since it is watch only wallet
c) Also have full access to the knots wallet
Can anyone help please? I am more than happy to send a generous donation in return if I got my bitcoin
Cheers
1) Before you do anything else, you should securely save your private key to another place, like a USB stick. This way, whatever mistakes you make, you are sure to have at least one copy of the private key.
2) You should stop using the computer on which the wallets are installed, if you can. If there's a lot of money at stake, you need to make it happen. Based on the information you've given, it is possible that you have created a 2-of-2 multisig address and then deleted one of the private keys.
3) Look up the wallet address on a blockchain explorer and verify whether it is multisig. If it is showing multisig, then you will need
two private keys, not just one, to access your bitcoins. In this case, you are going to need to download a reputable file recovery utility and un-delete Knots and (hopefully) the missing private key.
4) If it is not multi-sig, then it's OK to ignore step 2, and it's just a matter of correctly importing the private key. For this, I would
double-check that you have the private key saved (locally, in a directory you control, and securely on a USB stick), uninstall Electrum, and re-install a fresh copy, and then import the private key.
5) If there's enough funds at stake to justify doing a transaction, I would finish up by sending the funds to yourself in a new address in a fresh wallet, making sure at each step that everything is configured properly. Once finished, secure the new private key appropriately.
Hope everything works out for you.