Bitcoin Forum

Quit underestimating wallets and figure out how your wallets works either its ETH erc20 based wallets or multi walllets,you lose your private keys or recovery seeds you lose your coins and tokens,I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now,its like some still don't have the foggiest idea how genuine there wallets recovery seeds and private keys are,quit playing with wallet private keys and take them more serious like you doing with your bank account.

The best thing is you can save all the keystore files, private keys in a safe place. If you save them on your computer, keep in touch with your computer security.

Exposing one's private is just like given away one's bank account pin to outside. You never can tell what they are gonna do with it but trust me they won't say you some dollars for Christmas gifts.

The name is also a newbies, so there must be more harm than right, but if the ETH ERC20 wallet loses the private key, there are still several options to open it, and beginners can also correct their mistakes over time, except for those who are lazy to learn.

If an individual does not know that their private key should be private and we'll guarded I wonder what other things they might have learnt . I think most people are quick to get into crypto-currencies without taking time to gather the rudimentary information that would make their stay in Crypto safe and secured

Newbies are bound to make mistakes that is why they are knows as newbies and not experts. That is pretty normal, they should make the mistakes and then learn from them, if they keep doing that then its not an issue but if they fail to learn from their mistakes then yes there is a problem.

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Those are newbies who don't read and pay attention to instructions. Some people are just loose and ignorant like that. They will be willing to drop their debit/credit card pins too if requested by third parties.

it use to be funny when i see someone fill the google form where they input their private keys instead of their ETH address. of course that looks stupid. but when i saw someone acted like a newbie and posted his private keys along with a link going to a MEW phishing site, it changes the mood since he is up to make users login using their own private keys.

I was a newbie and i was doing stupid things.

They are (and we were) newbies, it is very normal to do stupid things. Yet giving out private key is very stupid even newbies shouldn't do that.

The focus of most newbie who comes to this forum is money, they forget the security thing such as private key, their identities ane something else who related to money.

Actually this problem can be solve easily if they want, just simple they must come to begginer and help section and active for a few days before they make a comment on this forum then I believe there is no one who will be scammed by other people. Even their knowledge will add because there are many usefull thread for newbie and generally for all members.

Maybe he completely surrenders and gives up his entire career as a bounty hunter, giving his private keys on the net sounds stupid. What on earth did happen out there, where did that happen? Did you perhaps see his pk and get a peek on hi account since you manage to get a message.

Nothing much here to discuss, the Private key share was that of an airdrop wallet meaning the newbie must have been an airdrop hunter which I'm very positive they don't earn much to worry about their funds been stolen. In most cases this guys (Airdrops hunters) have numerous wallet for different campaign so some of the case you think are mistakes aren't.

On the other hand, ignorance is the cause of this problem, just like the user above me mentioned, if you consider the security of your coins as a priority, spending some time to get educated on how to safely store your sensitive wallet information should be your number priority. But instead most newbies aren't concerned about that which is why, they get punished by the scammers out there. The good news here is that, those experiences (lost of funds) comes with lesson and since experience they say, is the best teacher. It's quite ok they make this silly mistake now (involving less funds) and learn from then.

This is a financial system. Each hunter takes his accounts seriously. Let's say I have constant monitoring. Many copies of the hard disk and data. I do not want to lose access to my financial instrument.


 ;D One thing to understand. No one can help us if we lose access.

Let them learn from their mistakes and lose their money if they are so lazy just to read the necessary information on the forum.So much is written about wallets.The first thing to think about is the safety of your funds.

If any airdrop hunters are giving out their wallet private keys just because they dont have any funds in it or they have many wallet address they still need to be very careful because one day the hunters can become the hunted,they can mistakenly make deposit to the address of the eth wallet theyve already shared the private keys on the internet

If the wallet where he is posting his private keys do not have coins anymore or no coins are coming then it's up to him to show or give his private key, but it's not a good practice, even if that is a useless wallet, we never know, like for example, you entered it in an airdrop or a give away and the coins came when you already exposed your private key.

We must be responsible and educated never exposed our private key, and always learn how to protect it at all cost, remember the last guy who claims to be Nakamoto stated that he lost his private key through negligence.

It should not be repeated to share a private key, it is very stupid, must ask or learn from experience, if you continue to lose tokens

Wow, it's quite unfortunate that people enter the cryptocurrency space without getting information on the basis. The most important aspect of one's journey in this space is the security of wallet. I do hope that people entering the industry would take some time to study and familiarise themselves with the necessary modalities.

I cannot believe that such people are still here. There are thousands of threads on this forum where is stated that you should never provide a private key to anyone, but it seems like people would likely lose their account, rather than to spend some time by reading posts here.

therefore we are more careful in securing a personal wallet because all the assets we have are in it. beginners do like to try because they are curious and still need a lot of experience. there is nothing wrong if done but if it has happened then just think of it as learning so that in the future you know and do not repeat the same mistakes again.

a safe place that cannot be accessed by hackers is an offline place without being connected to the internet. can use the flash with additional security such as files that are compressed to RAR with a password. would be very safe.

After was hasked  a very long e-mail password cracked and lost several wallets, I do not leave any passwords and secret keys in my device, and also turned off data backup. I keep everything in paper form, as well as on a separate disk, which I almost never use. I enter the secret key manually without copying. If you need to copy a long key, first I first change 1-2 characters in it. After that, there have been no failures so far.

There are still so many scam airdrops asking in their forms people to send their private keys. It is happening mostly for the Etereum ERC20 wallets. Newbies with a lack of knowledge made this mistake many times, and lost big amounts of Ethereum and valuable tokens. Private keys should never being revealed to anyone else.

Many beginners do not know the actual function of the "private key" so that they are easily fooled when dealing with phishing, form tricks for filling private keys, etc. Many beginners get caught up in that, and they will learn from experience

What are your thoughts about saving them in a software like LastPass?

I think such immature actions are only done by some real greedy and wannabe rich quick kind of people and secondly such behavior is expected from airdrop or some new hunters as well because they think they have not put anything out of pocket so it is safe to share even private keys, they need to learn that one day they will be able to earn good from some campaigns and then how will they feel if someone hacks their account because they posted their private keys publicly online few months back? People need to be more responsible and rationale in what they do.

The newbie mistakes should be expected no matter how educated they are. If there weren't the mistakes the learning process will slow down from my perspective. Sharing the private key is the foolish, scam airdrops use this fact for hunting the new investors. Sad, but true.


Lastpass is the main password saving program, but it is also server based which makes it less secure. I have used their service for a long time but later the alternative methods attracted my interest. It is not vulnerable as the Google passwords but you need to believe their promises blindly.

I think the failed to understand the meaning of the world "private" because it they do then they will know that private key is meant to be personal. However, in any given chance we should try and educate them on certain things like how to secure private keys, backup phrase etc so we all can grow together.

You know what...using such words sometimes should come with carefulness. You think it's easy fir people to know thier way around in crypto?  moreover you said "newbies" so what's there to say more? They basically don't know what they're doing so you should better make a post on teaching them the better way rather than insulting. People really struggled to learn crypto and safety measures buddy. You may not know how bad they qere educated to get in.

They are newbies or amateurs so what do you expect? I had a friend who sent someone his private keys lucky enough there wasn't any good coin there, so I had to take time to teach him all the things he needs to learn. So instead of seeing them as those who doesn't know anything let's teach them so they can be better.

Sure it's a big mistake giving others your private keys and if that wallet contains a lot of tokens, I think he's not aware of what he's doing. There are newbies that are desperate for the airdrops.

And there are abusers who creates a form that asks for their private keys. Some newbies think that it's fine to give it but they don't know that the consequence is really big on their part especially if it contains their lifesavings.

They got to learn their lessons right? Let them lose few coins and then they will either run away or be more careful next time. Well, they are newbies. What else can you expect from them? Give them some time. They will eventually get to learn how to keep their wallets safe. They will get to know how to secure their private keys and why they are important. Unfortunately, those people just hear about making profit with crypto currencies and thus they also join to make profit. They have little knowledge about the technology and how it works. They need to educate themselves first in this field if they ever wants to keep their funds secured.

Usually, a hard lesson will make newbies totally learn from their mistakes. But we can't deny the fact that we also came from being a noob in this space, right? That is the reason why there is a beginners section in this forum. If you are a new one, give yourself time to read some of the basics of crypto, at least you are not dumb enough when someone asks you regarding crypto. And as time goes by, you will learn more about cryptocurrencies.

stupid action, this is not carelessness but beginners who are lazy to read and learn.
and not worth emulating.

As what your title about a "newbie mistake" I think this is normal fpr those people who are new in cryptocurrency, if you want to safeguard your private key then place it in a safeplace or make a paper print incase you lose or delete your privatekey in that case you backup your privatekey. And takenote dont ever post or give your privatekey to anyone to avoid hacking your wallet.

Most newbie they never learn, some thinking that crypto space is a place were you can get profit easily, and can store it easily too.
They've became neglectful in keeping what is important to be keep like private key, password, seed phrase and etc. Which is supposed
to be save somewhere in usb, or making bakcup if they use pc something like that.

I thought that there were no such people who make such stupid mistakes. On the other hand, if they do it, it's their problem. Because everyone who comes to crypto has to be responsible enough to keep their private keys safe.

But, the experience is the best teacher. For those who want to learn and care about their investment funds, they will surely learn from the mistakes that have been made. So for those who have lost, lost, due to losing the Private key, caught in a scam, etc., will surely get new experiences that can be used as preventive measures. Moreover, cryptocurrency is relatively new, many lay people who do not understand it and must be more concerned to learn and understand the risks before joining.

Entering a private key in a post or in a bounty and airdrop registration form is a big mistake if is done, because PK is the main access for us to be able to access the asset we have in the wallet and if PK is known to others, of course they will be easy to steal assets we have, as a bounty hunter or trader we should be careful in storing the pk so that it can avoid such carelessness.

This is what happens when thorough training or lessons were not undergone duly.
But man is meant to learn everyday; but I advise all newbies to be patient and calm

Once you lose your private keys; you remain vulnerable

Well I think as a newbie ,before venturing into things like wallet creation, you definitely need to read and also ask questions, private key is not to be played with. If there is one thing to keep safe, then it should be your Private key this is because anyone that gets hold of it can get access to your wallet.

newbie will always doing a big mistake,
if they don't want to learn how to keep their important data such as Private Key or Recovery seeds in the safe place mate
i think a lot of informations in this forum about how to keep our important data safe, but a lot of newbie is lazy to read about that

If something like that happens it is very dangerous for the owner of the wallet, because privatekey is the key to our assets so we must have to store it properly, for newbies should first learn how to maintain account security if it is new understanding to follow the bounty project.

The more newbies are entering into crypto space they will keep doing this silly mistakes and i just find out that some newbies are even joining some useless IEO projects on some unknown exchanges,its really weird that people are engaging into something they knew nothing about,its like going to war without knowing the type of enemies you are going to face,they lose right from the start lol

That is because new people don't know how to protect their private keys, so they give the wallet plus the private keys to other people. Maybe they get a lack of information about how to saving the private keys and don't give to other people, no matter if the wallet has any tokens or not. But that is happening in around us, and I think we can explain them not to give the wallet with the private keys to other people because that will be too risky.

That's because there are all these guys going around TELLING these newbies that you can get profit easily and store profit easily.

Everyone wants easy wallets, or wallets that give you 50 cents for signing up, nobody really wants a difficult wallet that you have to remember a seed word and then encrypt with your own password and if you lose it there's no recovery.

That's the problem.

Lot of newbies can be funny at time even those that are old in the game at time still do some stupid act in regard to the private key and password phrase to their wallet.

Newbie are suppose to be tot how important the keys are by their people or who got them in to this game but many are not that thinking straight of how important it is to key it serious like there is no other way than its their life line which must not be break.

I  agree with you ...even though I don't think bank account is a good metaphor. Your Money don't get lost forever when you give out your national bank account to someone to send you fiat currency. Ethereum is quite different and complicated Blockchain. People especially the newbies should sometimes be educated on typical Ethereum wallets and how they are different from normal national bank accounts.

Every details as regards the security details of one's account or wallet, I will recommend should be stored on an external drive. You can duplicate, peradventure one fails or crashes.
Such details should not be starred online or any folder connected to the internet.

Lacking knowledge is one of the reasons why we do commit such mistake and sometimes these things are needed for someone to learn up the importance of their PK's.
Its not necessary to experience such thing yet myself didn't come to any hacking situation of my wallet because I do read up the importance of keys specially these are needed for your wallet to be accesses and part of your common sense,who the hell would give those keys publicly?

I realised that one doesn't stop learning as long as you're in this industry, there's always something new to learn. Some of the persons that make mistakes with their wallet are not newbies, but probably didn't remember or mistakenly copied the wrong information. We all need to be careful in managing our wallet, some people even fill their private keys on airdrop forms, thinking its the public keys.

If one loses ERC wallet private key, there is no other way to recover it and have access to one's portfolios. So one should be very careful about their private key. One can save it on computer and email. But saving it in email is the best way not to lose it. 

I think these newbies are actually misguided or they are just trolling people here. If you're gonna make a wallet, MEW always tell you that you should not reveal important files or things that may harm your wallet. Or they simply not read this things and just clicked on the okay button.

But it all depends on the newbie too, why to lose his wallet?
because I followed crypto from the beginning, I wanted to learn a lot from the experience that happened and was always not shy about asking someone who knows better. can be ascertained if we learn a lot surely there will never be an experience like that.

myetherwallet always give us warn when we will access our wallet, moreover if using private key.and if some people still make basic mistakes they have to think again wit their concentration.their mind not in market maybe, and should take a rest for a while to avoid same mistakes in future.newbies need learn again about everything in market or they will loss their money.

You're right! You need to take your personal data seriously, especially if these are secret keys or passwords for your wallets. Many people lose access to their wallets because they often do not correctly use the information received, so most of this information is sent by scammers in order to gain access to your data. I also think that it’s enough to play these games and you need to be more serious about storing your data from wallets.

Yes you are right. Private key is very important. It is like your personal pin at your ATM card,your passbook to your bank account and the combination to your vault containing lot of golds,that no one can never have or know about it. Make it secure everytime and don't play with it. Be professional. When we talk about private keys make sure we talk about serious security.

I experienced this when I was still early to join. Don't understand what a private key is, or losing a keystore file. and many other carelessness. Newbies very often experience carelessness. but that's a natural thing right, because they still don't understand much. all they have to do is learn from experience and keep reading.

Generally beginners when entering the world of crypto do not know the workflow of the project and the terms used in crypto are a natural thing. But if you have lost your private key is a big mistake, worth a private key that should not be spread publicly. Then beware.

after making a mistake I guess beginners will learn by themselves from mistakes that have been made. experience is meaningful and will always be remembered by beginners when a big mistake that makes him lose some assets will make a beginner become experienced someday. we all were beginners.

I have also experienced it, but in fact it can be used as a lesson so that in the future it will not be repeated, from then on I then keep the keystore and private key neatly. ignorance is the main reason, and confused when opening a wallet, so it can only give up after that. actually when creating a wallet, there are orders to store it properly, but sometimes many people don't pay attention to it

Giving your ETH address private key means giving the entire of your ETH coin and tokens in that address,
this should be the basic knowledge that everyone must have in cryptocurrency.
ETH is not a private coin, everyone can check whether the tokens are in the wallet address or not, by using etherscan explorer.

That's normal, almost all of crypto newbies do like that...
Let them regret first or maybe you can teach them, so they can learn from the mistake and become smart in coming days...  :)

They still don't know the difference between Private key and Address. That's why they are easily scammed...

It`s the same with all wallets and if you share your private keys, mnemonic phrase, or keystore file, most likely you will stay without all coins. People still make mistakes by sharing them to others, sometimes people are tricked to do that. Usually, scammers pretend to be admins or developers that can help you with some problem, but the only thing they want is your keys.
Never ever give your keys to anyone! If you give you keys you need to make a new wallet, with new keys and move your funds just in case!

You know when you get something out of platter of gold, you cannot safeguard it like you got it with your sweat, I guess the only people that would be careless with their key are either people that did not directly use their money to invest in the coins, like this airdrop, maybe they got them through airdrop or some cheap easy campaigns because I don’t think anyone that worked for months to also get his tokens from campaign will be careless with their keys.

Those keyshare very important to us, and we really need to make sure they are protected at all cost, which is why I always advise people to use more of paper wallet or hardware wallet, at least with these ones, they will have it physically and can decide to store in a bank or places where relatives and friends would not have access to because that is the only threat to those ones.

Cryptocurrency taught me many things. Including awareness in maintaining and organizing important data. On the internet, nothing is really safe. We are the main players and protectors in maintaining its security, of course, with supporting facilities. Keep all your important data in one safe place, separate the data that can and shouldn't be seen publicly. Backup everything. Don't forget to use double security like Google Authenticator and email confirmation. My advice, for mew, just use JSON file, it's safer I think.

Always print out and write down recovery seeds.
Don't just have one copy lying around, either.
And don't do what that one person did and save it on an email account! That went about as well as you can imagine that it did when their account got hacked.

Try to make money via exchanges arbitrage is one of most common mistakes. I'm sure that even if there's no volatility your profit will still be eaten up by the fees of buying/selling/transferring/withdrawing.

And if you get a big drop between buying and selling it, kiss your profit goodbye.

I'm sure it's possible, but not easy and not without risk.

By doing this kind of precautions you are adding securities and you are adding confidence to yourself that you will not be exposed with any potential threats that may have you up, there's really a lots of beginners and even people who already in the situations still finding themselves being trapped and carelessly made a certain mistakes being tricked by scammers and can't do nothing about it.

This to me isn't a stupid behavior as regard posting his private key in a group because he never understand what it is for and only need a guidance to explain more to him or her on what those things are , the only reason I can blame such person is not reading and taking note of what is important as your seed will always come with a memo saying it should not be preview to other party but they fail to understand and learning in had way is what most got in late time.

When you see sonething that says private, you should never ever share it to somebody else. Maybe that person who shares his private key is a total newbie and does not understand what he is really doing.

Maybe they lack of knowledge about how impotant their private key are. It's just like a master key of all of their asset in crypto world. All of that habit are coming from mindset for gathering much money in fast way but still not learning how blockchain work. This is serious problem.

Here's my advice for you guys, maybe some of you find this effective because it does for me. During the days when I'm interested to altcoin the most, I manually write down the private key/recovery phrase of my wallet into a sheet of paper including all of the usernames and pw of my social media accounts (including this account as well) and then keep it inside my wallet. FYI, this is not the wallet I use everyday. I only stay it inside my room and use a purse instead every time I go outside. Through this, I was able to keep my accounts secured and also prevents me to overspend somehow since purse was small for storing large amount of money ;D. What a win-win situation, right?

Loss of private key or seed word often occurs. In addition to private keys that are not backed up, 2FA codes are also often not backed up by market participants or investors, so they have difficulty getting into exchangers and accessing their funds.

There are many cases that people have lost funds due to lose of their ERC private key. So investors should be aware and keep their private key in a safe place. I think there are not ways to recover private key once lost. So you can save it in safe places like email.

For us to keep our private key and password or phrase seed for what I did was I keep save them in my 2 usb flash drive, so that even my desktop or Laptop will be damage I can still retrieve it anytime I want. Because saving them is more important in savings in the bank, since I am crypto enthusiast.

Yes, quite right, I completely agree that you need to take your wallets very seriously. Since it takes a lot of time to recover all passwords. And you need to be very careful about your funds. Since money is very fond of being taken care of and carefully guarded from scammers.

It is a classic mistake by greedy people. They do not have time to care about the privacy of their keys, they want only money as soon as possible. Most of them are participating in fake airdrops: Give us your private key to verify the address and then we will send you the airdrop..  ::)

Ain't be appropriate to call them greedy,  they actually careless for their account and lead into losing them.  Not a stupid mistake cause even old Bounty hunters tend to lose their keys especially if they only save it into their laptops or PC.  We cant memorize the keys in the first place and losing the keys will be losing it forever.

It's quite unfortunate that newbies no longer go through the hurdles of studying about the industry before joining airdrops and bounty. They get introduced on how to earn and immediately they dive into the airdrop campaigns without a sound knowledge of the do's and don'ts. Since airdrops are the most easiest way of getting newbies, they ask for private keys and are given by the ignorant newbies.

the owners should forget whatever tokens he have in that wallet. the best he can do is try to transfer everything into a new wallet for safety purpose. most newbies forget to learn the basics of the cryptocurrency and join every project they see. some wil provide their ethereum wallet address when they are required to provide an EOS or Neo wallet address

The best place to save your private key should be offline because many jackets has been stealing people's tokens simply because they save their private key in their email, some hackers will send a dangerous ware in form of advart, if you mistakely click on it they will have access to everything in your mail. So it is better to save it offline

that why i always put my private keys save, never use suspicious site and, im do this to avoid got hacked.
because I've been hacked, so I always pay attention to the site address that I will visit.
and use private window to site i never visit before.

Only using the anti-spyware and keylogger software will not solve the privacy focused attacks, offline protection is required for the best protection. I have a second phone for the 2FA authenticators and the hardware wallets are used as cold storage. New crypto traders should understand the risks, the education will save them to be the close victim of the scammers.

Some newbies are naive when it comes to privacy of their keys or their personal identity, there only concern is to make money. Sometimes they are doing this because their wallet has no funds at all meaning no coins can take from them and they will just create another wallet easily.

It is common to make mistakes if you're a newbie in crypto but its not an excuse to be careless because its very easy to educate yourself before entering in any earning opportunity.

Negligence costs anyone. Newbies should understand the value of their Seed phrase and Keys that should be stored safely and it should not be accessible by others to avoid any losses. Do not hand over your keys to anyone in any condition.

I unfortunately did this once by mistake when filling in a translation bounty form. I lost within seconds over 3k USD worth of Eth and tokens plus around three months bounty work I had made which I could not get the bounty managers to change the address on the sheets. All those bounties back then in those days were very good so I estimate I must have lost around 10k USD worth of Crypto, very bad mistake which if I had that money now I could buy one Bitcoin with it. This is sad fact of my life that I lived to regret again. Unfortunately we as a family have made more mistakes in Crypto than successes so far.

How can you give private keys to verify addresses? i wonder how people fall for this foolish trick, i guess we have too many newbies who don't learn how crypto wallets works, that's why they are easily fooled, any airdrops or bounties that ask for private keys are scam

I don't even think they know that they are making this type of mistake.
Normally, many noobs are not truely aware of what Bitcoin or cryptocurrency is all about and it segments.
Crypto adresses and private keys looks alike but they don't know. They just know they have to submit something that has letters and numbers.

in my opinion this is common for beginners because they are not accustomed to using digital wallets and are less careful about storing keys or seeds. or don't understand that what they are telling you is a private key. but over time they will learn a lot and understand. someone is said to be stupid when he always makes the same mistakes. not take lessons from previous experience.

That's the reason why I created a crypto class back in 2017 to coach newbies. Nobody is above mistakes anyway, but posting private key in public just to proof he didn't receive tokens is a huge mistake. I think basic things to learn in crypto aside "what is cryptocurrency and blockchain" should be "how to secure your crypto assets". Let's always try to assist newbies to avoid regrettable mistakes.

It is not so common to see such occurrence or should I say I do not really see it happen. There are other ways in which one's crypto can be lost  and that private keys and seeds can be exposed without your knowledge. Although being careless with it is one of the main reasons. However, hardware wallets are the safest. You might think you are being extra careful and still lose your fund.

beginners do sometimes make lots of mistakes but there are some beginners who make these mistakes as an experience to learn more. and usually beginners who make mistakes they don't have people who teach them and are also lazy to read some of the references

I've always seen private keys of newbies especially in twitter and facebook campaign spreadsheets. We can't blame them too because they are new, What we can blame here is those who taught them because they didn't teach most important thing! To keep and be responsible for holding their own private keys

I always backup privatekey and keystore file but now im using metamask and then i wanna buy hardwallet to safe my assets crypto, always bookmark MEW website or website you can trust and i cant trust when project ICO/IEO,airdrop,or bounty must be send privatekey to claim rewards
Always be careful when you fill the form or something and always check everything is correct

Is really a crazy thing to do but once you get wiped out the first time am sure people will begin to take note and trend really carefully to avoid making thesame mistake twice I mean cmon is a private key even MEW state that in red ink

Those newbies are not following some rules or not have read on what they need to do. Well its a lesson for them for not having to secure of what important to them. And they read some important news in this forum maybe they can get more information and can learn so much to avoid those on what mistake doing in the past.

Private key as the name implies should be private to the owner of the wallet. Exposing it is inimical to one's financial well being

I really don't know what to feel with this. He just posted his pk just to prove that it is empty? So what if it's not in the next days? We need to tell them the importance of pks and it's not just any key, it is the only password that can access the wallet. I hope he will be last one to do that but if someone else do that, I wouldn't feel sorry if they'll be hacked.

Nobody should expose their private key whether newbie or they are veteran within this ecosystem and I think iltgst coil have been done erroneously or the person in question is downright stupid

I believe that those people who somewhere reported their private keys, themselves to blame for the fact that their funds are stolen. Those people who cant take care of the security of their funds, most likely should not engage in cryptocurrency.

A place for orientation is needed, in which newbies will be properly educated on how to keep their assets safe. Although, there are several of the! Online.
Not only newbies make mistakes, those who have been in the space for years can also do thee same.

sometimes people have the attitude of forgetting if you have trading experience when prices fall will definitely rise and when prices rise there will definitely be a time to fall so that it makes traders come back like a newbie trader because he might forget and accidentally.

The private key we all know is Avery important part of crypto-currencies transaction. Key your private key pricateto ensure guarantee search

My question is  the air drop tokens are worth the embarrassment. Did he even know that he is giving the whole wallet or what. I am sure that not all newbies are this ignorant but it will be better to help them as early as possible. I hope you told him not to do that again or else I predict another post about a newbie being hacked will surface once again. It really needs to be said that the security of your wallet starts with you. Be cautious, doubt the unknown especially if you won't earn anything from it. It is bettet safe than to be sorry.

is that kidding or is it deliberately not knowing?
private key is not supposed to be published or told to others, because it is the key to unlock assets,
and I believe the incident was done because he might be upset not to get airdrop and it should not be done because according to ethics it is not appropriate to do.

You should always have control over your private keys and secret phrases. Write them down, create a USB stick only for those purposes or make a separate file, but you should have those files accessible at any moment.

Still many of newbies are not aware of their private keys. I see some of them do provide private keys to get some free tokens either from airdrops or from fake bounty projects. Some of them unknowingly save their private keys on their Bitcoin Forum account. In fact I did save my private keys on my bitcoin account. Newbies should know the fact that they should not share their private keys to anyone. Only they should share is ERC address.

yes, if storing it on a computer and the computer is still protected by security, I think the keystore remains safe. if not because of his carelessness, the keystore will never disappear, I think this is a very simple problem.

Newbies always mistaken that private keys are also their wallet address. I've encountered a lot even before. They just dont understand that their private key is the heart of their wallet, once it was stolen or given to other person, the chances to compromised their wallet is 100%.
It is clear when creating a wallet, an instruction was posted to avoid giving or sending private keys to anyone, they should know and understand it very well.

Most of them make this mistake as either they missout on saving the private keys or else save it in their bitcointalk forum account I lost access to my blockchain wallet due to same stupidity in the past and they should save the private key in their email to keep it secure and accessible.

That's what you can expect from a newbies since all of this is new to them so they probably do some mistakes. The only thing I can suggest is not to put the privatekey and address in one place or close to each other because its likely to happen when you want to share your public address to others that you will copy your privatekeys instead of the address. Always make a seperate file/record for privatekeys and wallet address only so whenever you want to check your balance or share your address then just open that file where your addresses stored.

In most cases mistakes are made due to carelessness.  I do not want to tell that I am a very big professional, because when I started working with cryptocurrency, I also made a lot of mistakes.  Once I also lost access to the wallet, because I gave not the wallet address, but the secret key.  And I made this mistake due to the fact that the wallet address and secret key were saved in the clipboard of the keyboard of my smartphone.  The sensor responded to finger touches, but I did not bother to double-check the data that I sent.  I want to say that everything happens and everyone can be wrong.

These happen to mostly beginners in crypto industry taking lenient on private keys even clicking phishing sites that make their wallet got hack. Even my friend is a newbie in crypto he doesn't know what he is doing to protect his wallet. So by giving him advice to always keep safe the private keys and never shared with anyone.

They are newbies and it is one of the factors why they lose their private keys. When I was newbie, I always double thinking about my decisions for me to protect my funds from scammers and hackers.

Nope. The best thing still is using metamask to secure your coins. That's still far the best. If you'll be storing your private key somewhere, it could still be compromised. But with Metamask(also recommended by MEW, it has layered of protection to secure yourself.

I don't how can someone expose their private key. It is like your are opening your gate for scammers to pillage your assets. Im sure these are newbies trying to learn the ins and outs of the crypto space. Feel sorry for them to loss their assets that way.

My favourite of all times is a colleague who left his seed words on the office common table after discussing his wallet with friends.)

Private key is the most important thing in a wallet so it must be well guarded too.
privatekey should be stored on disk and Google Drive and don't forget to pack it with WinRAR then give a password so that no one knows it.

Your password or private key must be saved in a copy that can make us more confident when an asset is lost then we already have a copy of it. but some people consider this to be an easy thing so they often ignore it

This is a beginner who overly ignores passwords, which is actually the most important thing to be able to enter the world of crypto, what else is related to assets or valuable things and ignore them and unnoticed when suddenly Exit without anticipation.
Although there are many other ways to store it, I am safer to anticipate by writing my password on paper and I laminate to protect it from things that are not desirable and store it in a safe place.

We are responsible for our holdings and earnings so we have to be mindful all the time. Upon entering crypto, we should know the importance of handling our wallets. Some newbies are actually blaming the wallets that they're using during the uncertain situation. Sometimes, our negligence is resulting in losses. Just like how we handle our atm cards and passwords, we should also keep our private keys safe and secured.

If he is not really using that wallet and there's no airdrop or coming in the wallet, in short, it has become a disposable wallet, he can do anything with it, even exposing its private key, but he should not do it many times, he might find himself exposing private keys where all his coins are all there, he will be sorry for doing that.

I'm reminded of the past when I didn't really know about using my wallet and always lost a few dollars due to my own negligence in accessing the wallet (trapped on a pishing site) and keeping it in an unsafe place. from there I started to learn a lot about storing the best crypto assets in the form of a hard wallet like (trezor) and wouldn't do anything stupid like telling people about my wallet's private key.

Since some can hardly tell the difference between private and public key such common mistakes are bound to happen, the overwhelming of receiving a few worthless tokens distract the ability to think properly,  why posting priv key just to prove a point when he/she can provide the public key for scan, I can only imagine what must have transpired after such silly mistake.

in order not to become a victim of scammers or a victim of their own stupid mistakes, when a person comes to this market he must study as much information as possible and live in this market. then he will become a professional faster

The world of crypto can make you earn a lot of money, if you are skilled (and lucky ...).
But if you are inattentive, at every step you can lose everything and even more: the chances of making mistakes or being trimmed is very high.
It's called natural selection.
Maximum attention, therefore.

Actually any person will be serious to his funds. Newbie aren't serious with private key when they have nothing to lose. Only newbies are doing wrong, phishing site visit and fill up form with private key

There's already a thread that reminds us about new wallets.
Do not trust New wallets with your fund (https://bitcointalk.org/index.php?topic=5186045.0)
Threads also that tells about most common newbie mistakes are found on Beginners & Help.

I don't understand why newbies keep making such mistakes. Everywhere on the forum talking about the safety measures for beginners and I believe that it is impossible to ignore them. Anyone who comes to the crypto should first learn all the safety rules. The, who this not made, himself is to blame in is that his coins stole.

Actually the beginner section aids newbies a great deal, but best thing is to explain everything security and its importance to newbies when you bring them into crypto.  It's true that newbies focus more on the money making aspect, which is not entirely their fault most times, some old members who introduced them fail to give them the thorough basics / fundamentals. I created a group for newbies last two years and took a week talking about safety and security.

That's what should have been applied from the start. We must be wiser and more concerned about managing various data related to our cryptocurrency assets. Make special files or special notes to make it easier for us to manage them.
I often hear complaints from my friends who lost connection with Google Authenticator for several reasons, for example, because the device is lost, the application is uninstalled, etc. So when you lose your connection, you have a backup of the barcode to re-scan. That's what should have been applied from the start. We must be wiser and more concerned about managing various data related to our cryptocurrency assets. Make special files or special notes to make it easier for us to manage them.
I often hear complaints from my friends who lost connection with Google Authenticator for several reasons, for example, because the device is lost, the application is uninstalled, etc. So when you lose your connection, you have a backup of the barcode to re-scan.
The same thing applies to store private keys in a safe place and don't forget to back up.

Yes, this often happens. Even though seed words or private key are the most important thing to open a wallet that we have. Without that, we can lose the coins or tokens that we have. Better to keep the private key in a place that is not connected to the internet

Because their popping like swarm bees here knowing to earn some dime here, and will have an easy money. Some people have been scammed by those who are good in acting as if their management. Coin stealing is easy especially those who have skills. Yet those newbies literally blown out their keep safe data by clicking phishing and other malicious link.

I think online storage will also be risky and should not be used for security. In my opinion you should only use 24 characters for security because the private key is now no longer as secure as before and if it is revealed, the possibility of losing the entire property will be very high. In addition, Ledger Nano S should be used to avoid attacks because this is the safest cold wallet in this market and has many security functions for investors.

I don't trust any of the wallets available in this market because all wallets hold our account information and if lost, no one can help us get it back.

Yes, this is the common mistakes of the newbies as they didn't care what will happen to their wallet as they don't have funds yet. They didn't think about the future, private keys are very important and once it was expose to others then your incoming funds is not safe anymore.

I also experience plenty of newbies in the past that gives private keys instead of Ethereum address just to receive the airdrop tokens of shit projects.

Too many newbie wallets, maybe? of course the stupid thing is to eliminate the private key that contains cryptocurrency. Some of my friends have lost the private wallet, usually offline wallet which often happens, a slightly complicated method to open a wallet. The reason is because you want to save for a long time. There is also because the wallet contains only a few coins, so deliberately post a private key or ignore it.

I can't blame the cryptos newbies if they make the mistake for the first time. I just hope it doesn't cost them much harm and they learn from it. Experience is the best teacher.

Most newbies dream of fast enrichment and simply don't want to spend time  studing , many of them don't even read the forum rules, let alone read about security measures of their keys. Although the forum has a lot of thread dedicated to this topic with  professional tips.

newbies make lot of mistakes on crypto field common one is struggle with scam project , i have do search and study on hawk network and their team also  whitepaper, acualty this can be a best project everyone can take a part of it, check with twitter page on them https://twitter.com/Hawk_HKC/status/1185539270456553472

I think not only a newbie to experience something like that. Even my friend, a Pro, lost more than $ 60k. I think storing privatekey safely is still not enough because a fake web can also be a threat to the loss of our valuable funds. So increase your knowledge more than anything related to securing your assets or funds from internet crimes.

Offline wallets are by far the best and most secure but you still have to keep your backup safe, new wallets are the most dangerous one to use but mobile wallets are still cool for everyday use, keeping private keys safe is where most have issues

The number one mistake would surely be selling at times of downfall. Most of the new oned are not yet aware of the nature of market volatility. They do easily panic at times like this and we cannot also blame them for doing so. Even those who are not new panic due to the situation we are currently experiencing. Investing is highly risky at this moment because stability is still absent in the market. But if we would trust the process, holding would be beneficial someday once recovery take place.

private keys are indeed a problem that is often done for a beginner. some of them sometimes forget or don't even save it. I also never paid attention to it, and when I lost it, it became a very important lesson for me.

It is true that we need to pay attention to the private keys that we have, such as ATM cards, or our bankbooks, because when you lose it, you lose all your assets. some people try to cover this using hard wallets, but most people save their private keys on hard disks and other data storage places.

We can't fully understand why they kept on losing their private keys, and even give it to others presumed to be their wallet address.
Every time we create new wallets, there is always an instruction regarding the details of our wallet including a warning where you should not share your private key to anyone and keep it as this is the only way to open your wallet.
Newbies are actually skipping every instruction they have to understand which they shouldn't.

This is often done by newbies because they don't know much about it and they easily trust the words of others. So in my opinion, it's better for newbies to not easily trust others and also share their private keys with ease. Ask your closest friends if you don't want to experience things that might happen to us.

Lacking of knowledge is sometimes the reason why they easily entrust their private keys to others.

If you're aware how important your private keys you wont do this common mistake of a beginner.

So to avoid this from happening dont jump in any earning opportunity if you dont fully understand it.

Most newbies doesn't know the difference between a private key and a public address. That is why a lot of newbies lose their funds easily, either by scam or foolish mistake. However, I've been in a telegram before where there was an instant someone purposely posted a private key, which has a lot of token, so I was watching the wallet and seems like a lot of people had sent ethereum for gas fee. And after a while, someone posted never to send anything on the wallet since you cannot withdraw it, surprisingly the wallet was able to accumulate almost one ethereum from that scheme. I don't know how it happened but, just be careful.

I think they really don't know what they're doing if they are exposing their private keys. Even in the creation of the wallet, it is already stated that you shouldn't be doing that. I would recommend them to use other ways in opening their wallets like using a hardware wallet or the file. And they're "newbies" btw.

Newbies often skipped everything they need to know regarding important information such as keeping private keys and passwords. They focus on making a money which is not actually the first step in cryptocurrency.
They lack the knowledge and they do not understand everything they do. They just know that earning is possible.

I agree. Newbies are so greedy that they skipped the basics and they went straight to the profit making or on how to grow their capital in this opportunity. Newbies should be informed first about the things that they should practice to avoid getting scammed or getting their capital stolen in the internet since it is easier and faster to scam ignorant people here.

as you have explained, if someone or maybe really a beginner gives a private key just to get an airdrop token I think that's very silly. I am also a beginner but not that stupid either, I mean give my crypto asset key only for airdrop tokens? it's the same as feeding a hungry crocodile.

Carelessness at its finest can lead you to your worst nightmares. If you really want to be bountiful all throughout your investment here, you should always make sure that you know what you are doing. Be knowledgeable on the project you are joining in, the wallet you are using and the tradings you are getting involved with. Stupidity and ignorance is not an excuse here so make sure you have yourself ready for everything that you are going to experience here in the crypto world, regardless if you are a newbie or not.

users with the token to manage as uses with customs on following details with personal preference on expecting with returns to complete as the decision on applying customs of personal strategy with works on crypto trading.

It shows only how crypto difficult really is for newcomers, and also it shows how greedy newcomers are. Before they learn something, they do and then wonders that the world is unfair and crypto is a fraud.  ::)

It’s not kids' play for people so new gamblers will have to remember their loss and they will have to remind private key all the time so they don’t forget and sharing it is the worst thing ever. Are gamblers use more than one coin for investing their money so use more wallets that are not good idea better use one and never share with anyone.

You're right. Despite the development of the community and the availability of a huge amount of training information, many cryptocurrency users continue to lose access to their wallets. All this happens due to a poor understanding of what is happening and the unwillingness to learn, think and analyze their actions. I have long encountered such a problem and understand that for security you need to be serious and attentive, and also not give in to all kinds of dubious offers and provocations.

Even when I got into Cryptocurrencies newly, I knew the importance of private keys but the sad fact is that even people who are not newbies are still making that mistake until today, I have a friend who has been a crypto enthusiast for years and still lost a huge amount of crypto recently because he forgot to back up his new wallet.

I didn't quite make such mistake because I took time to understudy the cryptocurrency space plus I had guidance too. I took time to understand hot, colds wallets, types of chains and their uniqueness, including ICOs too. So I have not really falling short in that category. Perhaps, this mistakes will be attributed to current newbies who's larger percentage are after the quick profits from crypto

it's simple bro because they are still a newbie. I've also done that when I first entered the world of crypto because I don't think private keys are that important. I'm pretty sure, if they continue to study this, they will realize how important private keys are.
but, I feel they can avoid this when they really learn cryptocurrency. I am sure, people with basic knowledge will not eliminate, or give private keys to others.

Because they are new bie they don't know anything about the wallet translation and so on thats  why newbies are took some time to completley know the detail about the wallet and so on. In case they will lose private key also several ways are there to get back the account. The will learn slowly.

In fact, it is certain that all beginners will always experience things that look stupid. when i first became a beginner, also almost did the same thing. it's just that when I was very diligent to always ask questions and diligently read from experience in the forums that are available.
so that I can avoid the things we don't want.

Seed phrase, private keys — this is your money. They must be kept secret. It is better to print them on paper and store in a safe place. The ideal option is when your private keys are not in contact with the Internet. It is foolish to treat this negligently, because the neglect of such important files can cost the loss of all coins.

true that you convey in your opinion about the beginner's mistakes that often occur and that is also my experience and I have experienced and with mistakes that I have done I became more alert and more careful in investing with crypto currencies and experience is a valuable teacher who is very valuable we need to invest

Events such as the loss of private key or seed words often occur if we are not careful. Private key or seed words are the only access for our wallet to open, we should secure it and not share it with others

Unfortunately, people do not want to get familiar with technology, including wallets and blockchain in general. The only thing they want is to get rich and as a result, they are losing all their money. Learn a lot about something, before doing it.

This is common and I speculate that it will go on as long as there will be airdops and people hoping that they will make some money from them. From bright side , in case of airdops they do not lose a lot of money and will learn next time. This is just a learning process nothing more.

It also seems to me that this happens to people who simply do not understand what's what. This is simple laziness and carelessness. If they initially sorted out, where is the the key, and where is the address, such mistakes wouldn't have occurred.

These people shouldn't be joining cryptocurrency. It's like in a community, Ignorance in the law excuses no one. In cryptocurrency, ignorance in crypto system excuses no one. If you're very ignorant in securing your wallets which is the basic in crypto, there's no room for you in here.

Lack of knowledge in all crypto related stuffs had really caused a lot of havoc on newbies losing their coins to scammers imagine people sending private keys to unknown or an anonymous scammer that could have been the end of those coins, You did well by deleting their private keys and that gesture shows that you are really a good fellow, I implored all newbies or new crypto enthusiast to seek adequate knowledge first and try to study all relevant terminologies related to cryptos before embarking on its usage.

they are not stupid as you have said but they still do not understand many things about the function of Keystore and PrivateKey .. therefore we consider them as newbies.. so it's very normal if they make that mistake so they need more knowledge to be able to store their wallets properly and correctly in the future.. and I'm sure everyone will learn from the mistakes they have made in the past .

that's right. each of us has made or is making mistakes, and all of these mistakes make us smarter and help to learn better to understand cryptocurrency.

Private key/phrase = the key of the wallet. If we lost the key or other peoples get our key, it means we lost the wallet as well.
That is the basic thing to learn when i entered cryptocurrency world, and it should be known by all peoples who using crypto.

I am observing that a lot of people still fall on those old shady schemes as joining the pump and dump groups or better put, following pump and dump signals; getting scammed via Telegram by scammers who are pretending to be team members of certain projects etc. But hey, there will always be newcomers to the space who are not aware of those traps, so rotten individuals who are exercising those malicious activities will always have someone to pray upon.

The fact is that during the first acquaintance with cryptocurrency, many underestimate the importance of private keys, because you have to immediately study a lot of unusual and previously unknown information, so often the first private keys remain stored on desktops, are entered into questionable forms in the first days of the week and months acquaintance with the world of blockchain.
In the future, such a wallet may be the target of hackers because it was once compromised, and the user himself no longer remembers and does not remember how, when, and where he compromised his wallet.

New comers (beginners) are just curious and this thing might doings of a bounty hunter. spreading her private key to the groups. beginner traders wont do that because they know how crypto works in first place. they are aware and bounty newbies are not. so I'm not blaming them for this kind of behavior. we know that our private key is sacred as we own it. they will know this as soon as they earning and do their own research.

Lack of information and experienced are the reasons why they doing it. When i was a newbie, I also experience to save my private keysin my google account and it is the reason why it got hacked. It is better if we will store it where no one can access it.

that' s big mistakes if we shared our private keys in public channel.they could immediately.even newbies must know about this important thing,.this is be first thing we have to understand while joining in cryptocurrency market.many people actually already shared how to save our private keys.in future we must keep it secretly and dont reply the same mistakes.

Apart from phishing scams i believe every newbies will be safe if they use better smartphones of today, most have finger print security and face I.D too, there won't be problems if you always put security locks on your phone, i have been doing this for years now and till date no single coin lost

to secure a private key or file keystore I save it on a computer that has never accessed the internet and I write it on paper and then I store it in a safe. many beginners do not know how to secure private keys, the most severe form filling google with a private key, instead of expecting tokens that can be sold later on (LOL).

the easiest and most simple way for me to store it in a hardware wallet, it only requires $ 50 to buy it in an online store.

if we didnt face our mistakes we will not get valuable important that could support our existance in crypto market.from mistakes we will be better day  by day, but always avoid big mistakes that could make us poor.as a newbie , knowledge was be an obligation for us .but unfortunately most of them forget this thing.

hackers might work on decision as appealing the different tasks on running with future attachment on works with the engine as following trend on drawing with the extras on tools to helps as referring one with challenge as referring offers of service to gains with interest from public audience as the relation with business on crypto finance.

you can never understand which mistakes will lead to large losses and which to insignificant. only if you follow to very strong money management - then you can avoid big losses, but for this, you need to be a professional

Yes, being very professional is really important here. It's not information, it's hard earned money what we have inside the wallet.
We should be very careful storing the private keys just like our passwords to bank account.

I guess they are the lazy person or even cant understand thing. saving private key is a basic in a cryptocurrency that it must be understood by user
there are many informations about it and if user read more in basic knowledge, they should understand it
or maybe they dont have any money (zero wallet) so they dont care if the wallet stealed by anyone

If someone here on this forum is carrying a newbie rank, that does not !EAM he is new to cryptocurrency. Some of them know much more than those with higher ranks. However, no one is perfect. Mistakes can be made which is why before coin anything, it is better to double check.

that's why i'm creating some group learning about crypto and blockchain for educate my friend and family circle.
i don't want they do stupid thing like that, educate your friend and family is best option to minimze they make mistakes like that

Newbies should try to read about the blockchain and all surrounding it like the wallet, make sure you do not allow anyone to have access to your wallet's private key,this is because your wallet will be now accessible with your private key. Also we should try to avoid clicking on phishing links which could lead to your wallet.

The age of this industry has been quite large and however at least newbies do not come alone anymore for now, they have many friends who are at least among friends who have experience in this field. Indeed, newbies must have a desire to continue learning but if they are lazy to read then a friend will help him, but remember to keep learning first before doing something related to money.

newbies still learning fair if they lose the private key and recovery seeds my time is still newbies had also lost the private key and recovery seeds me 2x eth lose money in my wallet was still lucky because it has sold part of my tokens. since the incident a lesson so that the private key loss events do not happen again.

yup! it is true.
indeed to get something, we are required to study first so that the results can be in accordance with what we want. we cannot act carelessly especially with regard to money.

if we take the wrong path, then we will suffer losses. that's why we need to study. as you said at least we must have experienced friends who might be able to help us learn. if we don't have friends like that, then we have to work hard to learn them ourselves.

I definitely agree with that. We should not underestimate the newbies because all of us came from being a newbie. We should educate them and not belittle them. Creating mistakes are not bad as long as you don't let it to be just a mistake, you should look at the mistake as a teacher that is trying to teach you a lesson and that is how you will become a newbie into an educated one.