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Topic: What if someone forgot the key to their bitcoin wallet ? - page 26. (Read 1939 times)

sr. member
Activity: 812
Merit: 253
What I do to keep my private key safe would have to be when I wrote it on a notebook and place it somewhere safe like on a safe place I only know where to find it. And with retrieving back your keys, I dont think there is anything you can do about it in case you lose it.
sr. member
Activity: 588
Merit: 256
https://www.spartan.casino/ #SPARTANCASINO $IRON
it is better to be  safe than sorry that's why in the beginning the Sites for our wallet tend to remind us on how to keep our secret wallet password or secret words to keep it safe and never never to share it to anyone that can lead to stealing of tokens and also can lead to losses o your tokens, so it is better to be more protective on your money. Keep it in a safest place that you can remember it anytime you needed it.
jr. member
Activity: 210
Merit: 1
Well if you forgot your private key then you havent save it on notepad or backing up it means you can no longer open your wallet.Thats why you need to back-up all your important files so as with your private key to avoid trouble.
sr. member
Activity: 1624
Merit: 250
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

If you lose your private key, you can use backup words to get back. If you don't get it and if you lose the password, you have no other way to get it back.
Use a very strong password that no one can hack it and you should use 2FA, if there is.
full member
Activity: 680
Merit: 103
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
The best thing you can do to prevent losing your private key is you to manually write it in a notebook or in a small sheet of paper make sure it is right, and also keep it in a place that you are the one who knows.

Are there any alternatives to retrieve the key back ?
I think there is no way, that's why it is very important to keep your private keys securely and correctly.
jr. member
Activity: 84
Merit: 2
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
Some of the wallet has second option to login into your account, private key is one of those way to recover or re-login your account. You should keep your private key in a private and secured place where you are the one who can access this. If you backup your data into drive make sure this will not accessible in public and don't try to put the drive into affected computer to avoid stealing of information. If you save your private key in your accounts including google drive make sure you set up all of the settings of your account such as improving of the securities and don't login this account into other public places such as computer shop and other devices this might put you in a risk. Better to choose wallet with 2FA Authenticator, SMS verification, Email Verification, PIN and with notifier system for the tracking of your every transactions.
hero member
Activity: 774
Merit: 503
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

You should back up all the keys for you to have a safe keeping of your investment. If you totally lost the key and there is no back up you can no longer retrieve or get your investments. So better to have atleast 3 secured back up or even more for security purposes.
newbie
Activity: 98
Merit: 0
Definitely a huge loss if you had forgot or loss your key to your bitcoin wallet. It is loss forever (unless your selected wallet has a security system which allows you to retrieve them that needs to be secure on the side of the wallet).
I honestly would keep the keys very subtle, not in a text file or a flash drive as they are very vulnerable neither on paper as they often get so lost. Strategies vary from a person to another especially depending on their environment.

In order to let this not happen be sure to make another storage such as hard wallet and another back-up to ensure the safetyness of your private key.
sr. member
Activity: 602
Merit: 252
Forgetting the key to the wallet should not happen at any instance. To be more secure one should surely have their recovery phrase to be kept much secure than the key. Recently I too lost my wallet key and missed the recovery phrase data. This made me loss all that holding in the wallet.
member
Activity: 238
Merit: 11
Definitely a huge loss if you had forgot or loss your key to your bitcoin wallet. It is loss forever (unless your selected wallet has a security system which allows you to retrieve them that needs to be secure on the side of the wallet).
I honestly would keep the keys very subtle, not in a text file or a flash drive as they are very vulnerable neither on paper as they often get so lost. Strategies vary from a person to another especially depending on their environment.
newbie
Activity: 34
Merit: 0
Its a difficult situation and moreso, its best that we keep this in a safe place or better store it in an e-mail or notepad and delete the last two digits and store that in your head like a PIN or password.
Jlv
full member
Activity: 336
Merit: 100
The Future Of Work
Make a copy of your private key, write it in a paper and keep in a safe place, don't let anybody know your private key and when it is lost its hard to recover so be careful.
full member
Activity: 448
Merit: 100
Forgot password and personal key bitcoin wallet is a big problem because private key key is the only one that can fit in bitcoin wallet if we forget or do not serve backup it is very difficult to get it back and we will lose our bitcoin then we have to have backup or data bacup to anticipate if forgot password.
full member
Activity: 504
Merit: 102
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

If you ask me I would have recorded it somewhere in inside anything that would not be seen or hacked and I would also put it on paper.
newbie
Activity: 210
Merit: 0
What are the measures to keep your private key safe and in memory ?
Print your private keys to any form of paper that you can keep for safety. Don't trust your memory even you are the champion in memory verse challenges, it isn't enough to keep your funds.

You can also create a file on a notepad and save it to a flash drive and don't use that drive to any computer that you don't own. Don't use it to public places.

Are there any alternatives to retrieve the key back ?
If you lost it, that's lost forever.

Yes printing your keys on a paper will be the best solution rather than to save it on a flash drive. Why am i saying this, last month while i was in my room working thieves broke into my room and toke my laptop when the drive was connected to the laptop. Now i have lost everything, my little dollars is gone.

Our private keys are very important so it is our duty to keep it safe. Some people are using flashdrives, but there would be tendency that this can be lost, stolen or be corrupted. I think the best solution is to keep it in a notebook or print it in a paper and have it kept in a secure place.
sr. member
Activity: 854
Merit: 257
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

If you forget the key of a bitcoin wallet, then you are very careless because the bitcoin wallet will not be able to open without a wallet key.
put your key wallet well, should not be connected to the internet.
Yes your right private key is very important to us where we store coin and loosing it is impossible to retrieve. As they said printing your private key is the safest way in storing it. I store mine in sticky notes were I can see every time I use my desktop at home.
full member
Activity: 395
Merit: 100
Even if you forget your wallet password you will be able to retrieve your wallet and crypto coins through private key which should not be shared with a third party. If you lose your private key then one who gets the private key will be able to get the crypto coins so one should make sure to keep the private key safely and it should be printed and secure it safely. Printed wallets are much safer as the private key is safe in the users hands.
full member
Activity: 414
Merit: 100
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

If you forget the key of a bitcoin wallet, then you are very careless because the bitcoin wallet will not be able to open without a wallet key.
put your key wallet well, should not be connected to the internet.
member
Activity: 294
Merit: 17
Then you will not be able to recover your bitcoin if you ever lost it. Well that is one of the basic reminders you need to know when you want to own a bitcoin wallet.
newbie
Activity: 126
Merit: 0
As it been said , by the myetherwallet sites and other wallet sites , you are fully responsible for your wallet especially the private key, once you lost and you can not recover it , then that is the end of your wallet and the contents of it.
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