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Topic: What if someone forgot the key to their bitcoin wallet ? - page 10. (Read 1915 times)

full member
Activity: 306
Merit: 100
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
I don’t think to should believe your memory, write it down somewhere. Better to have it on paper in printed way, because your PC can be hacked. Put it in safe place, do several copies.
newbie
Activity: 42
Merit: 0
People should be aware how much important the key of a certain wallet there is something you can do to ensure that even if you forget you will still be able to access your wallet, mine is that I am currently using a metamask so its okay if I loss my key because all I need to remember is my password from it.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
From my own understanding I think if someone forget the key to their Bitcoin wallet then their money will be of no use because they will not be able to access their wallet again. I remember, when I forgot the login details to my bitcoin wallet, my $100 in d said wallet was gone with it. 
really, Bitcoin that we have will be no longer owned because that Bitcoin like being in a hollow world...we should save very carefully, Private key, password Bitcoin wallet that we have, we must keep it good, so that something like this does not happen again...
member
Activity: 266
Merit: 10
It's impossible to recover a private key after its lost. The best thing to do is save your private keys in different places. Make sure they are saved securely. You can write it down on a paper and store the paper securely somewhere. I have seen different opinions regarding the idea of private keys.
sr. member
Activity: 700
Merit: 251
As long as i know, there's no way to retrieve the key back, so once we lost and forget it, then it may be gone forever.
For me, i save the private key in many safe places, usually i put all of my password or important thing in one place because i forget easily, but kinda risky since if i lost it, i lost all.
That's why i make many backups. I think i'll be fine as long as the hackers won't try to hack my computer or my phone and find that document.
full member
Activity: 518
Merit: 101
someone must know how to back up this, save private key or JSON and passwors it will keep safe
newbie
Activity: 105
Merit: 0
Actually  i have kept my private keys in written form in my personal diary and its the safest way to keep your private keys. Saving in Computer or laptop is risky because if it gets damaged you will lose all documents. So best if to keep your private keys in written form.It is the best idea to me. Wink : Smiley
full member
Activity: 384
Merit: 100
You need to keep your wallet key in more than one place, for example you can keep it on hardware or software like inside your computer or like airdrop, take a white paper and maybe you need storage like an app that provides your key wallet storage.
Keep in mind, Keep away from those around you who know you have a cryptocurrency wallet.
newbie
Activity: 238
Merit: 0
I don't think there is remedy to loosing a key to wallet, the last time I lost my login phrase, i tried all possible measure but it was to no avail since then i av been. One need to be extra careful when it comes to key bcos if there s no key, there is no entrance. Keep ur key well.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
Bitcoin gives you a lot of ways to retrieve your coins, you can remember the password to your wallet, your seed words or your private key, if you only have access to one of those then you can get your coins back but if you lose all that information and you do not have a backup somewhere then your coins are lost forever, do not let that to happen to you.
newbie
Activity: 29
Merit: 0
I think there is no way to retrieve the keys when lost. We should always have a back up securely hidden all the time. Losing the keys just means we are screwed.
jr. member
Activity: 70
Merit: 1


 then your wallet is gone but i suggest bitcoin should come up with a plan on how to recover diverted, stolen or wrongly transfered bitcoin into the wrong account through the transaction entries. what do you think about it
jr. member
Activity: 135
Merit: 1
https://darbfinance.com/
if you forget the key of bitcoin wallet then it will lose everything then it must be  save or copy key wallet in flasdisk or note in handphone or computer memory
hero member
Activity: 2590
Merit: 644
If they got the back-up phrase then they can recover the bitcoin wallet and just reset the wallet to default and reset the password but if they don't have the back-up phrase or even the seed or private key then there is nothing that they can do and it will just serve as a lesson that they should just be backing up those things at the very first place.
newbie
Activity: 131
Merit: 0
By the way, an interesting question ... I myself thought about it.
But it seems like there is no (at least not a given moment) ways to return access
However, I can be wrong
Jr.
jr. member
Activity: 98
Merit: 1
Blockchain with a Purpose
We have types of Bitcoin wallet nowadays, like wallet with provided private key and we have wallet wherein we can put our own password, if the number two kind of wallet is the one you are using then there will possibility that you can open it someday when you remember the password but with private key... Sorry to tell you but you have to kiss it goodbye...
hero member
Activity: 798
Merit: 501
In that case 'I'm sorry for your loss and thanks for the deflation of bitcoins'.
The importance of the private key is the first thing we need to understand.


That is an important issue i think, i think that it is th most important thing to keep our wallet key very safe. Because once we lose our bitcoin wallet key, then it is difficult to recover and more chances are that we will lose our bitcoin forever. To me i have already lost my two wallets security key, but the amount of bitcoin in these wallets were not so much.
newbie
Activity: 331
Merit: 0
I recommend writing down it in somewhere, in a diary, in a paper or somewhere safe. Don't save it in a place like a google drive it can be hacked. and can save it in pc, but if something happened to the pc like - hard drive dead . ur data too will lose
full member
Activity: 658
Merit: 105
In that case 'I'm sorry for your loss and thanks for the deflation of bitcoins'.
The importance of the private key is the first thing we need to understand.

member
Activity: 952
Merit: 41
It better to save you security private keys in a very safe place but beside that if you have you security backup phrase it still good because that is what you will use in other to recovery of your wallet. And if you lost your security key you can have it send to your registered email address.
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