Topic: What if someone forgot the key to their bitcoin wallet ? - page 2. (Read 1939 times)
Yes, I can. All this is not easy, the process is time-consuming and long, but access can always be restored.
You have to keep the password and login in a safe enough place, like write it on a notepad or something, that is the only way to solve this in my opinion!
If the key is lost then it is better to forgot your bitcoins too as there is no way you could recover your keys. This is the beauty of bitcoin and other wallets. The primary reason of this feature is security of your assets and it can sometimes lead to loss of crypto. So one needs to have enough backups of their wallet keys.
that would be very unfortunate 
If you forget the key to your bitcoin wallet then your coins will be gone forever. The best way to store your private keys is through a hardware device or paper wallet
In as much as bitcoin wallet is concerned, the key to the bitcoin wallet is very much important. Upon opening an account, a wallet address a private key is also generated which will give you access to your account and to carry out transactions. It is advisable you store it very safe because it not well protected you just might be exposed to danger such as hacker's and it might result to you forfeiting that wallet which means you are losing that account irrespective of the amount value of bitcoin in it.. You should save your wallet address keys in atleast 3 different places where you have access to anytime and you can get it anytime you want to. When you loss your private keys, I doubt the possibility of you getting a new one and as a matter of fact if you loose your bitcoin wallet keys, consider your money gone.
your private key is extremely important and thus you expected to do every thing possible to safe guard it forgeting the key to your wallet simply means your bitcoin is gone. it is adviceable to save it in at least two places you have access to
You will not be able to return access to your wallet. The best method is to have a spare key, so it's worth a print your private keys to any form of paper that you can keep for safety. It can help you in the future.
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
There are no alternative way to retrieve the keys specially if you lost all your back up files. What you need to do is to safe keep those keys as much as back up as you can make because you will say goodbye to your investment if you cannot retrieve the keys.
You can store your bitcoin wallet keys safely in memory if you are a person who is not forgetful. But if you are a forgetful person then you can save your bitcoin wallet key by writing it on paper then you can save it in a place that you think is safe and only you know its existence. But if you have already forgotten your bitcoin key then for whatever reason you will not be able to access it. That is one of the weaknesses of the decentralization system.
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
Private key is very important its is the only key to unlock our wallet account, in order for us to transact important things like withdrawal our money. That is why we need to keep it safely...we should also need a back copy to our private key by saving it in storage device like, usb, external hardisk and also in personal laptop.
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
You can print the private key and store it somewhere safe or you can buy hardware wallet and use it for better security. One of the advantages of crypto is that you have full control of your own money but that means you'll lose your money if you lose the private key because there's no way to retrieve it.
This happens to me also, i forgot my private keys, unfortunately i didn't write it down or save in my computer. I asked help from ky brother if he could retrieve it, he just gave me a new private keys i didn't know what he did to retrieve it. Lesson learned, i keep a copy of my private keys written in paper, i also saved in my computer and usb.
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
Don't memorize it because it is going to be very hard. Just keep it safe in a hidden place that you are the one who can access it. The only preventive measure you can do it to make two back ups. If you lost one, you still have another one and it should be written on a physical paper and not stored digitally.
FOrgetting your key is equavalent to losing all your stored money in that key. So it a lesson for us to make some copy of it for emergency purposes just like in the subject topic.
Forgetting your key then forget everything you have worked for cause you just sold yourself out to hackers thats why i do advise you have your private key printed out so you do not mix things up have them printed out and be safe thanks
This happened to me one time but I was able to retrieve it by logging into the email I used to create the bitcoin wallet.I tend to forget things that is why I always take down notes on my passwords.
You should always write down passwords. Memory is such, if you do not check and enter for a long time, then you can just forget it.
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
One should really take this into future consideration for we can not really tell what will happen. We should be cautious to things like these since we are holding such money. So bettee if you have a printed copy and place it in a safest place and try telling it to someone whom you trust.
If you have lost your key then it is lost forever. You cannot get it back. So remember to make 2-3 backups of your key and store someplace safe like its the most precious thing.
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