Bitcoin Forum

We all know that bitcoin was earlier stolen by James "Jimmy" Zhong
James Zhong is an American man who was convicted in 2022 for stealing over 51,680 bitcoin (then worth about $620,000; value as of 2023 approximately $3.4 billion) from the online black market Silk Road between 2012 and 2014.He was also involved in the early development of bitcoin,he found an error on Silk Road that allowed him to withdraw more funds than what was initially deposited. This was activated by repeatedly double clicking the withdraw button, and further abused by using multiple accounts on the website. Zhong managed to conceal his identity and elude detection for nearly 10 years. He lived a luxurious lifestyle, using tools such as cryptocurrency mixers to obscure the origin of the bitcoin he spent. In 2019, he made a mistake by transferring a small amount of stolen bitcoin to a cryptocurrency exchange that followed know-your-customer rules. The IRS's criminal investigation division then tracked him down.
Source link: https://en.m.wikipedia.org/wiki/James_Zhong#

It turns out that Bitcoin stealers target not only big companies but individual users with modest amounts in their crypto wallets.

Now bitcoin is one of the safest way to invest digital currency. Because of its new and improved security system it makes it hard for hackers and thief to access

So now the question is bitcoin safe from hackers?, can it be stolen?

Yes it is an asset a digital one for that matter so it can be stolen

All the hacker has to do is get hold of your private keys or seed phrase and they can sweep the funds to their personal wallet.

After that they can even use mixers and other privacy measures to mask any traces of the coins.

So "Don't forget to keep your keys safe mate"

You can even store you seed offline for it is a safer choice.

That mean was arrested and police got his private keys and his bitcoin was not stolen. He just had to give his bitcoin to US. government.

You lose your bitcoin if you are bad in your practice to store it. If you use centralized exchange to store it, that exchange can be hacked, your account can be hacked. If you use close source wallet to store bitcoin, developers can have backdoors to steal your coins.

If you use non custodial, open source wallet to store your bitcoin, but if you have weak password, don't have backup, you can lose your coins.

Of course it can be stolen. Have you every seen the news?
Even the story you mentioned showed that btc was stolen, even when it was through an exploit.

I mean what are the most common ways for stolen btc. Most I guess would be fake wallets for example. Like making a copy of an existing wallet, fake a homepage or an appstore site. Once somebody downloads it and deposits btc, it's gone.
People can also get their phone, computers infected with any form of malware and where their seed phrase is just stored somewhere on the device it can easily be found and used to access the wallet and transfer the funds.

I think most things that could happen can be prevented if you are careful. Only download wallets from original sources, keep your see phrase secure, keep your devices secure. If you follow these rules you should be good.

You have your seed phrase on a cold wallet and you backup its strong passphrase differently in different locations. Such wallet will be difficult to compromise.

You have a cold wallet and a hot wallet to create a 2-of-2 multisig wallet. That is very safe if you know what you are doing.

Online wallets are the ones that are vulnerable.

2-of-3 multisig wallet will be difficult to compromise.

I have many ways that no malware can get to my wallet or able to steal from me. 100% certainty.

This is subjective because the answer relies on the capacity of the owners to protect their coin but assuming the owner will 100% guaranteed to do their part to properly keep their Bitcoin on a non custodial wallet then the answer is Bitcoin can’t be stolen.

No hackers can brute force someone else private key as it will take a lot of time of power just to hack someone else private key. This discussion was discussed already in the past.

Here’s the explanation of @Blackhatcoiner on the probability of hacking someone’s private key.

Your question is confusing, but still, the answer you are looking for depends totally on the kind of stealing you mean.
If you are talking about hackers hacking the bitcoin blockchain and stealing bitcoin from there, then I would say it's impossible, for if it was, it would have happened a long time ago, for I believe that hackers have with all efforts tried to hack the bitcoin network, but they have never succeeded.

On the other hand, if the stealing you mean is like, hackers or scammers getting into a user's wallet and stealing his or her bitcoin, then "yes" is the answer to your question, if you loose your guide and expose your bitcoin wallet seed phrase or private keys to anyone else aside from your self, the person who finds SP or PK may likely use it to get into your wallet and move your bitcoin to their own address.

Or if you have your bitcoin on any centralized platform like exchange or casino (this is highly discouraged), and you allow scammers or hackers to gain access into your exchange account, then they are likely to steal your bitcoin by withdrawing it to their private wallet.

So if you don't want your bitcoins stolen, keep your private keys and seed phrases private to yourself, and keep the login details to all your accounts private as well..

Yes it is a digital currency any time it can be stolen but I think its security is very tight I have been watching it for a long time it is very well secured but it can be stolen because I have seen many such coins like you did not take the example of luna that happened and then the USTC which was a stable coin was also hacked.

If the security is tight, I think there is a very low chance of theft, but at the same time, the arrangement of these people is that they will have their own team.

No it isn't safe from hackers except the blockchain itself
But this unsafeness usually comes as a result of carelessness on the holders end
You gave a proof that Bitcoin can be stolen and you asking if it can be stolen.
Like almost if not everything it can be stolen.
Like I said earlier, it is usually caused owners negligence.

Of course, bitcoins can also be stolen. And I also want to say that Bitcoin is not safe from hackers in all public hands. Because there are many people who are connected with bitcoin holding or bitcoin trading but they don't browse safely while browsing, their bitcoin is definitely not safe from hackers. Because currently there are reports of huge amounts of bitcoin stealing through phishing attacks like clipboard hacking etc.
I have lost funds from myself due to phishing attacks. So in real life, just like our physical and virtual fiat currencies can be stolen, cryptocurrency or Bitcoin can definitely be stolen if we do not follow enough security. I would like to mention a proverb here, 'not your keys, not your coin' or wallet, whatever you say. And if the private of your wallet somehow goes to someone else, then the second person will be also the owner of that wallet same like as you. >:D

There's nothing completely safe in this world, there's no one can guarantee your funds is safe 100%.

Hot wallet can be hacked, anyone can brute force someone else private key although it takes more than a century. Someone can kidnap you and steal your private key or cold storage.

Despite there are few chances Bitcoin can be stolen, but it's way way more trustworthy than trusting your funds with centralized banks/institutions.

It's very difficult to say that Bitcoin is completely safe because I think there are still many cases of Bitcoin theft. Apart from that, I also think that as long as she is online and in the digital world, nothing will be safe. In fact, we know that many cyber companies continue to improve their security because they know that hackers will continue to develop. However, we are only required to protect our assets as best as possible.

Bitcoin is the safest thing there is, it is pure mathematics, there is no way to cheat the mathematics...

all cases of theft were due to third-party security issues.

If you keep your seeds offline and follow the security protocols recommended by the bitcoin world, it is impossible to get stolen.

Sadly, yes, well, because bitcoin is digital and anything that can be accessed on the internet can be stolen by someone. For example, if you put your assets or bitcoin in a scam wallet or if the security of the application is compromised and hackers or people with malicious intent could get all your assets, they can be stolen physically. I remember seeing a topic about him being afraid of his boldings, and because of the people around him, he is afraid that they might do something to him just to get his asset or bitcoin. Well, it can happen. Like I said, there are many reasons for a bitcoin or cryptocurrency to be stolen, but those things will happen if the owner or investor is not careful about what they are doing. You know that anything that is connected to the internet is not safe, so it's up to you to make sure your assets are safe.

Found and discussed about this guy here before, i remember he even have physical bitcoins which was seized on his apartment/house the day he was arrested. If i remember correctly, it was mentioned he was mentally ill that's why he only sentenced in 1 year in prison, idk if this is true though i didn't research this info, just a memory what discussed/ i read before.

But, yeah, bitcoin can be stolen, social engineering takes a lot of statistics about it in the previous years.

Bitcoin can only be stolen from you by hackers if you, the holder, are not careful enough or if you are not using a strong network that can allow them to penetrate your wallet.
 
from the story you narrated, which is a well-known story among other crypto-holders and the community, and this case is different as what the hackers only needed to do was discover what could help them hack the Silk Road system, which they did, and they took advantage of that.
 
On the aspect of having my bitcoin on my personal storage, the hacker needs a means to have access to my wallet, from which they can try to infect my device without my knowledge, which is still not possible for anyone who is careful enough.
 
Aside from that, as Charles has mentioned above, using a multi-signature wallet is the safest way to be free from these hackers, as you need authorization from more than two devices in order to get that transaction authorized.

Can gold be stolen? If your answer is yes then Bitcoin can be stolen. Bitcoin has become a commodity and stealing commodity is a history, this time it is a digital commodity that is being gathered by those who can afford to buy it. There is nothing wrong when I look back at the ways Kings and the lords used their influence to buy gold. In a similar manner with different abbreviations in today's world Bitcoin is being bought and kept in a secure vault like gold used to be kept for the future. Those who are trying to steal Bitcoin should not be called as scammers, they should be denominated as BTCpirates.

Yes, your Bitcoin can still be stollen through different means. In another words, you can lose your coin to hackers or scammers in different ways. First, if you store your coins on exchanges and the exchange gets hacked, you can lose your coins. If your device gets infected with some malware such as a Clipboard-Virus, you will end up to send your coins to a wrong address, if you are not careful. Malwares can also cause you a security bridge, that can result in Lost of assets.

I can take a Polaroid of my private parts and a Hacker could still steal them should I be dumb enough to take a Polaroid only to then take a photo of it using my Smart phone and upload it in my Private Collection of my Facebook profile.

Bitcoin is very safe from Hackers.  But it is not fool proof.  If some body holds their Coins in the Wallet of a stranger, takes a photo of their Seed or saves their Private Keys in a Google Drive then I am sorry but what did you expect.  It is a time ticking bomb.  While Bitcoin itself can not be tricked, a fool can be tricked into giving up information they were warned not to.

Bitcoin itself is safe so as its network. What's not safe is the way you use your devices when you're connected to the internet. If you're reckless and you're like the other people that don't give importance to your browsing activities then you're prone of getting targeted by these hackers and there's a tendency that your wallet might not be safe as well and so as your private keys. As in being reckless even with how you keep your private keys, you don't mind storing it on a safer storage.

Everyone is a target, the moment you choose to start investing in bitcoins, you make yourself a target.

It is hard to steal, but not impossible. As an investor, don't ever think your investment too safe that you start becoming careless about safety.

Bitcoin can be stolen and not only by hackers, your bitcoins can be stolen by friends, your family or even people you may never suspect.

Everything that can be transferred or moved can be stolen!

Every single bitcoin out there except the 50 ones that are locked in the genesis address can be stolen, your car can be stolen, your money in the bank can be stolen, your fruits in the orchard can, even your kidneys can be stolen, your family too!

The fact that some things can't be done legally doesn't mean it's impossible!

Again, just because it's funny as always!
https://www.talkimg.com/images/2024/02/02/vaaSP.png


He only needs to know your address and have a an axe ready to hack you if you don't tell him the passkey.
See above!

One way is to make yourself avoid the spotlight and that's through being lowkey. Especially today, many have been broadcasting that they're bitcoin investors on their personal social media profiles. Instead that they should keep it private and remain silent, they just can't help themselves to share it and that's why they're becoming hot in the eyes of the possible watchers that will turn into hackers and makes them potential targets.

Experience is the best teacher they say, if you are not sure or in doubt if btc can be stolen, why don't you expose your private keys and perhaps you will find out your answer  ;)
Bro, if you are not careful with the way you interact on-chain you will get drained within a blink of an eye, I don't know how they do or how easy it is with btc wallet but I know it is a common thing with alt. But the point is, you should not be too confident and always take security seriously no matter what you think.

Of course this is very possible, as long as it is a digital world, it will not escape various cyber crimes. And crypto is one of the things that is closely related to cyber crimes, asset theft, scams and hacks. There have been many cases related to this and it seems unstoppable.

How come? You can read on this site at least:
Crypto (https://investopedia.com/articles/investing/032615/can-bitcoin-be-hacked.asp)

The theft of Bitcoin assets is not far from the security of the wallet or platform itself. privacy, and security systems are very influential. Privacy in this case also includes how we protect private keys and other important data so that they cannot be accessed and known by other parties. Not only that, privacy is very important so that we can at least maintain the confidentiality of our assets.

but on the other hand, there are many things that affect the level of security of a platform, especially if it is an online wallet that we use to store our assets. When hackers already know the funds and loopholes, these cyber crimes will easily occur. That's why we are always directed to store our assets in hardware wallets while also ensuring strong privacy and security.

Apart from that, there are also many scammers who make us lose our assets, there is the spread of malware from phishing links, fake investments, and so on. There are already many scam types that we encounter in the crypto world.

For this reason, special attention is needed from us personally to be more careful and alert to all possible cyber crimes.

Yes bitcoin can be stolen base on hacking and negligent of the owner of the bitcoin wallet because of the person login to another person phone to make a transfer and forgot to logout from the device and the owner of the phone Open the app then he would transfer everything to another wallet and run way with your coin.

So it is possible for someone or hackers to rob someone wallet from the two ways I have mentioned

That was an Achilles heels and deservedly so for him. Criminals shouldn't have a resting place. Karma should continue to deal ruthlessly with them for the pains they cause others. How he was exposed shows that despite how far they (criminals) think they've run, they can't be too far from the hand of the law.

Anything worth its salt can be stolen. Bitcoin is a hot Cake. It's not only stolen; its hodlers can also be killed for not releasing access to their wallets when attacked. Stories of such are ubiquitous.

The software people able to hack all the data by your phone or computer.So the digital currency also can be hacked by their software skills,if you use the cold storage for the bitcoin.It can help you to save your wallet and you can also product your computer with the paid software.Even the biggest gambling site in the World Stake was hacked and some dollars was get by the hackers.So we take responsibility for the money in the wallet,the computer or personal laptop should be safeguarded by the users.


The trader who loss the bitcoin at the once,he never loss the next bitcoin by the wallet address loss or by the less security features.The hackers takes just few hours to hack the big amount of money in terms of the bitcoin.So it was essential to keep the bitcoin at the secured address for the safety.

As long as you own the keys and only you have access to them, it is impossible for your bitcoins to be "stolen" or "seized".

People do really love on hassling themselves on thinking about those possibilities for their coins to be hacked like brute forcing on generating those private keys or seed phrases on which we do know that
hitting or having some collision with those wallets that have balances is really that less chance to happen. This is why the safest way on protecting your wallet or assets is that you shouldn't really be exposing
those Keys or phrases into someone. It is really that your responsibility on taking safe with your keys because so far on all the years that i've been here on this market on which i hadnt been able to experience
any hacking on which it do proves out that as long you do make those keys safe then you wont really be bothered by something.

People who do get hacked is into those people who are really that fond on clicking up random links and downloading online on which we do know that malwares
and viruses could affect your device. Also, you shouldnt really be that easily get victimized with phishing links or whatsoever.

Bitcoin can be stolen by any hacker and that's is supposed to be the reason why one have to be careful when they are dealing with anything that have to do with emails, links and also the disclosure of their seed phrase to others, either in social media or to ones friends because some might be jealous and will like to do anything to get that precious things called Bitcoin that you are holding.
So on this case you have to be very careful, you can also check some social media platforms whereby people are getting scammed and I believe that will teach you some lessons.

Everything could be stolen in the world without permanent things like a house. In the digital world, it's more easy to steal that store online. Because hackers use smart ways to steal your digital assets. So Bitcoin isn't out of risk, either from an individual or a company. That's why it's very important to secure your cryptographic assets carefully. I always advise using a hardware wallet to secure our funds from hackers. Unless your seed is compromised, hackers won't steal your crypto assets.

With the many cases that occur for hacking and other crimes, we all agree that this can be stolen because after all, when something of value will definitely cause a reaction where it can be obtained and stolen by irresponsible people.
But on the other hand, of course we can minimize things like this so that it doesn't happen to us and the people around us. We must know that apart from the bad intentions of bad people hacking or other crimes can occur because of the opportunity and the opportunity will be obtained if we are careless in the security of the accounts we have.
This is always the main problem that occurs because we are too careless in protecting our assets so we must try not to give bad people the opportunity to invade our wallets.

the truth is, we are the ones subjecting ourselves to vulnerability to these scammers and hackers. if you will limit your exposure to potential risks over the net, such fraudulent act may not happen at all in your investment accounts. if you are aware of the scamming techniques such as phishing emails, clickbaits, you will be more cautious on how you interact over the net. also, do remember a lot of these scammers are also operating on social media channels like telegram. if you receive unsolicited pm, better ignore and block the person. for sure, he is trying to fish naive individuals to screw up the funds.

All this lengthy story about Jimmy Zhong and how he got caught by the authorities... only for you to ask if Bitcoin can be stolen? If Jimmy Zhong steals Bitcoin from Silk Road, does it not proof that bitcoin can be stolen?

As a matter of fact, not just bitcoin but all cryptocurrencies can be stolen as long as they're valuable. No matter where you store your bitcoin, wether exchange or personal wallet, it can be hacked if you're careless with your wallet security. So note that even when you've a good wallet, there are still some does and don'ts you need to adhere to inorder to keep your bitcoin safe.

I suppose the OP already answers the question on either Bitcoin can be stolen or not. Hell yeah!

If it’s safe from hackers? Of course it is safe but, you ought to realize that the safety of an asset first starts with you, it also ends with you. While the tech remains air tight, the vacuums you give as an individual or as an organization is where the hackers also leverage to cause harm and steal your precious Bitcoin.

You’ll be sure to stick to privacy rules and every time, your coin would be in tact. Little wonder how so many wallets with lots of hodlings still remains unaffected or emptied even with this knowledge. It’s just your stands on security.

Bitcoin as an asset held in a custodial or non-custodial wallet can be stolen if security is not ensure, however, this is prone to human error and not a loophole of the technology.

But the Bitcoin network, however, can not be stolen nor tampered with as it was designed to withstand and overcome whatever comes in that light.

That's possible, and many such incidents have happened. Even if we take note from the users here we'll come to know from users losing their bitcoins. Even sending Bitcoin to an unknown wallet or to a wallet by mistake is lost forever. It can be seen on the network, but it can't be retrieved until the receiver end want to return it.

I disagree here:

Bitcoin is basicly a specific type of electronic data, you need a computer to interact with Bitcoin. So if your computer is infected with some malware that sends your Bitcoin details to a thief your Bitcoins are gone.

Just an example: Some Hacker buy rights for popular software from developers with a very good reputation, then make an updated version and  include some malware that is able to access your bitcoin information, maybe from the clipboard, and Bye Bye your bitcoins..... So everytime you update any software you have this risk....

So forget "impossible" it is more or less easy to steal your Bitcoin....

But we can never imagine what the future of crypto will be on the day when bitcoin is stolen, what will be the effect on the market at that time, and how much people will lose because of it, no one can imagine, but anyway, the security of bitcoin. But it needs special attention because if this happens then we will have to face a lot of losses it will not be an attack only on one coin but also all crypto currency will be in trouble which will make everyone life change.

The loss will be equal and no one will be left in it because if one coin is the king of all coins, what will be the future of the rest of the coins? Because we see many happened before in the face of Luna,USTC . I think it would a major issue if happens like that.

There might always be risks, so impossible may be too much of a description but "more or less easy to steal your Bitcoin"? I guess that's as absurd as impossible. That's the other extreme.

Although there is probably a way to steal Bitcoin even from air-gapped wallets-- researchers from Ben Gurion University finds it possible to steal data from air-gapped wallets through many ways like electromagnetic, ultrasonic waves, light, heat, and so on-- if it is "more or less easy to steal your Bitcoin", we would all have been stealing each other's Bitcoin today.

Impossible and "more or less easy" are both exaggerations.

I am not a native english speaker.  I mean with "more or less easy"  : 

-More easy - maybe a simple keylogger in an internet cafe or so......

and with - Less easy - a higly skilled hacking attempt involving a lot of resources......-

I apologize for the confusion......

It's not that easy to steal bro.  If you get hacked a lot without your security press from you, you're stupid.  Moreover, if a third party gets access to your account, there is a possibility that your account will be hacked.  In that case if you keep full security of your account balance then of course your account and yours will be safe and secure.  But there are many hackers who introduce you through phishing sites and give you a phishing link, if you connect to that link, there is a possibility that your account will be hacked.  You are showing your allready bro only you are hacked because of you because you can't keep it secret. Other than that no one can hack you bro you have to keep trust you have to keep your right you won't face any fitting sir then  You can keep your bitcoins and you will definitely have a chance to go a lot if you stream yours on another site or another phishing site.

For example, Bitcoin is very vulnerable to phishing. Phishing is one of the biggest problems for cryptocurrency owners. In addition, we are vulnerable to software backdoors. A multi-signature wallet, for example, 2-2, can be a good protection against this. However, it also has disadvantages. The main disadvantage of multi-signature wallets is, of course, high commissions. In a 2-2 wallet, you pay 2 times the normal fee, which may already be too high. Additionally, using a multisig wallet requires a hardware wallet, which not everyone has. And not all cryptocurrency enthusiasts want to purchase a hardware wallet

In a conventional way where they can find your password or seed phrase and access the wallet on other computer then yes you can definitely steal a bitcoin and it's already been done before with Ponzi schemes and scam investments and phishing links so it's not a no-brainer that bitcoin be stolen if you're careless with your security. But if you're talking about magically pulling bitcoins out of an uncompromised wallet to another wallet then I don't think that it's going to be possible because most hardware wallets are offline which means that unless they're plugged to a computer that's connected to the Internet then there's no way that you can magically transfer the data from that wallet to another unless of course there's a way to really do that and I'm not aware that it exists.

Yes, of course, in the very rapid development of digitalization, technological developments, It could possibly be stolen if you are careless in saving the key or click on the fraudulent (phishing) link and it will be automatically transferred directly to another wallet.

It is online wallets that have a much higher risk of vulnerability, maybe you can learn about wallets using the Multi-signature method on Bitcoin Core or Electrum wallet. In my opinion, this method is quite difficult to break into the wallet. If you store it well or are offline, of course it will be very difficult to hack,

Regards to this very questions Bitcoin is very safe for any investment made on it, but it will very unwise for investors not to be smart and apply wisdom inorder to secure his investment. There are certain area investors can act to secure it's investment, by keeping proper record of all transactions made to know if any thing contrary is taking place, protect it's pass phrase,key password and all details inclusive, avoid exchange that is not properly verify during transaction ,and lastly avoid some certain KYC. Further more one must nite that keeping it coin and wallet as in saving it on an exchange is not advisable and unsafe, if all this is in place Bitcoin is the most safest place for investment because it security is more than any where else.

I think Zhong had the advantage of being in early and having the opportunity to be part of the space and try out different stuff. It's probably a lucky coincidence that he had to double-click the withdraw button and just took advantage of it.

It's definitely different from the story you are posting about actual hackers who hack people to get their money. Finding a flaw in a website versus actually brute-forcing or getting someone's seed phrases is different.

Yes you just do like this.

https://www.youtube.com/watch?v=f2s3_UG9IPU

All the bitcoins in the world are on different addresses in the blockchain, nowhere else. To move bitcoins from one address to another address within the blockchain. You need the password (key) to the address you are sending from.

Example: To send bitcoins

from this address 17bqWjqpYVUm9k97cvVNqNkF9vnhbJguge (Balance 0,00 bitcoin)
to this address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa (Balance 99,69 bitcoin)
or to any other address on the blockchain (Balance all addresses 19614600,00 bitcoin)

You need this password (key)
KzBewZrkPDD61E3j6V59vwbv8jdasW8492RD5EpA4Frym1XZ6Fk6

That's all

Can't steal something that doesn't belong to you. You forget that you can't own bitcoin, but you can only have the right to own it. In fact, even on the BTC-network, bitcoin doesn't move from wallet to wallet, but the right to own bitcoin is exchanged.

I suspect that there are more cases where victims themselves give bitcoin to attackers (social engineering) than when bitcoin is stolen. It's harder to break into your system than to break into your trust. Therefore, never tell anyone the BTC-access keys.

Another reason to tarnish the reputation of mixer services? :)

and with backups.

Against hackers, but not burglars and thieves.

Bitcoin is a safe or secure thing due to its concept of security in certain circumstances. But the thing is that something is not taken care of by itself; the safety of that thing depends on how he takes steps to make Bitcoin secure.

Yes, OP beyond any doubt, Bitcoin is stolen, Bitcoin is one of the best and most secure coin by itself due to its unique concept i.e. blockchain. But Bitcion being safe is dependent on each person's how he keeps it safe, that is, which wallet he exploits, whether he stores his Bitcoin on exchanges, whether he uses a hot wallet or a cold wallet. Considering all these aspects, it is your choice which way you use. And if you don't make any mistakes, there is no chance for a hacker to steal Bitcoin from you because it is your fault. He can rob you by catching you; otherwise he cannot steal Bitcoin from you.

Bitcoin is secure but not impenetrable. James Zhong shows that Bitcoin protocol weaknesses are in interfaces and human interactions with it. In recent years, Bitcoin's security has improved, as I've seen. No system is invincible, though.

My experience has shown that personal attentiveness and best procedures protect Bitcoin. Using trusted wallets, two-factor authentication, and offline private keys are my recommendations. Technology and user awareness boost security. I repeatedly tell classmates, "Be the guardian of your digital treasure."

To explicitly answer your question: Bitcoin can be stolen, however careful handling reduces the danger. I recommend continuing education and security trends. Knowing and being cautious are our best defenses in the digital age. We want to empower via awareness and prepared action, not fear.

What you have to know is that Bitcoin is not a personal property that is signed and documented to you alone, so, yes, it can be stolen. This is why you need to know how Bitcoin was formed, and being operated and how it can be stored and protected properly. At least, you need to know all that so that your part is well-played for the safety and security of the coin. However, there is no how you can be 100% secure when using Bitcoin because it can be stolen through hacking and other means that is not your fault since you are dealing with what is being transacted on the internet. This is peculiar to all internet-based storage and transactions, so it is not about Bitcoin alone.

Also, with the mixing and tumbling services, many coins could be stolen and will never be traced again, or it would be difficult to be traced, which is why it is good to be careful as much as we can.

Safe to say that anything mishandled can be stolen, though there a few handful exceptions but bitcoin ain't one of them.
Since bitcoin is a digital asset/currency, a lot of less techy individuals are the most vulnerable people from hacking/scamming. There are some steps you can take to put extra layer of security, but that doesn't mean you're 100% safe from any cyber crimes. Know that everytime someone develop a software to protect our assets, hackers also has their own way to innovate  the way they attack their target.

Yes OP Bitcoin is the digital currency and it can be hacked by hackers of scammers. The online world is full of hackers and scammers they used many techniques to steal people money and as the system updates and get more stronger than before they also updated thief hacking tricks. Actually these hackers are big well players of hacking and scamming they know how to trap people easily.

They used so many trickes to steal bitcoin from people wallets like these techniques can be phishing links or dust attack through which user amount wash out in seconds. User just left empty handed. I don't know how can a person stay 100% secure in crypto space because hackers or scammers keep updating their techniques to trap the people.

of course the bitcoin you have in your personal wallet can be hacked, hackers are very dangerous, they can even find out your personal data with easly.
I have seen for myself how someone hacked my smartphone. Luckily, I don't have many crypto assets that I store in it. I admit that at that time I was careless by clicking on the link in my email, so viruses and malware got in and made my data exposed.
After that incident I became more concerned about the security of my smartphone, you must always be careful, hackers always have clever ways to infiltrate your smartphone.

The obvious answer is yes. If the digital assets can be moved then yes if it isn't then no. You already know that you can transfer bitcoin to another wallet then it is possible to steal the bitcoin from the owner like stealing the private key or recovery phrase and other ways that the person who steal it like clipboard hijacking or phishing site. Those what I mentioned are what scammers used to steal bitcoin and there could be more ways that they will use.

Yes, it is, and the only ones who can do that are scammers or hackers, or if you have someone you trust close to you that you gave the seed or password to, if there is one.

But that won't happen if you know how to be careful and know what the proper way is to do it so that hackers can't identify you with the addresses you have. As others say, it's safer to buy a hardware wallet or use a proven and tested software wallet like Electron.

I think digital currency can be stolen anytime if its security is not tight. There are any number of steps you can take to protect your assets ..
Especially when it comes to storing digital currency, you must decide to use a hardware wallet. Because in the past days we have seen many tokens that have been stolen.
I think the tighter the security, the less likely your assets will be stolen ..
     

Everything could be stolen if you wouldn't keep it safe.
Physical or online asset get stolen most of the time, it is up to us owners on how are we going to keep our assets safe from those who wants to steal it.

Bitcoin is the most valuable digital asset. so yeah of course it can be stolen.
there are countless hackers, scammers and online theifs ready and willing to steal anyone's bitcoins if they find a way. if your bitcoins are unprotected. if your keys are not stored in a safe place. if you are not careful while browsing internet and download any random softare. and If you trust anyone online easily an click on any links they share and do anything they tell you then let me tell you that you are the easiest target of hackers. and your bitcoins will be stolen sooner or later.
So better wake up and take necessary actions to protect your bitcoins.

By all means, if you don't keep your wallet safe, then there's every chance that your wallet could be compromised and you can loose all your asset so the first thing keeping your wallet as safe as possible by choosing the best storage method to store your Bitcoin because if you don't do that, you're freely tendering your asset to scammers and hackers to access your funds and possibly highjack your investment.
If you're scared of hackers hacking your wallet then you can try a more secure way of storing your bitcoin, a way that not even hackers can access. Example is the hardware wallets, hackers can't access a hardware wallet, let alone getting the chance to hack it

This was not the first time this will be happening, theft is everywhere as long as it has to do with humanbeings, you're the one that will not allow that to happen to you if you know about the measures to take in avoiding such.


Bitcoin is safe only if we maintain a security practice, when we take drastic measures of how we handle our asset security and privacy, the network is secured already, but we have to make it also being secured for ourselves.


Yes and you determine whether yes or no by yourself.

This can all be realized if users can understand the bitcoin storage system in a much more secure wallet, but if users store bitcoins on a centralized exchange then there is no guarantee that their bitcoins will not be hacked. The level of security for bitcoin assets really depends on storage and if we know how to store it well then it is likely that our assets will be much safer.

Bitcoin is a digital asset and is very unsafe if the owner does not set standards for storage. The private key or seed phrase is something that is most sought after by those who want to steal bitcoin because once they have it it is quite easy to take it.

Probably given Y combinator and sang yeon hwang south korean crimefronts runs a scam loot of blackmarket rinks so dangerous for all involved in all things Financials crooks destroying every aspect of the world
.

What is important here is that the man was arrested meaning even if what he can advanced in Bitcoin yet he will be behind bars.
Remember you mentioned here that this is the safest way to invest.then why below you still asked for this?
If you believe this is the safest then you should not ask this?
But Bitcoin can be stolen as this has happened many times if you are lazy and stupid enough not knowing how to keep safe your assets.

As I said earlier, in this case the thieves not only have a bad intention but there is indeed an opportunity that they can get when we are careless with what we do which makes them free to benefit from our carelessness.
Even though these thieves are very smart but still when we are not careless they will be a little bothered by the security we have unless we give them the opportunity to take a gap and we relax the security we have.
It is important to know that in this case even though we will definitely be very furious with the actions of such thieves who do dirty ways to get the opportunity to benefit personally but it is also necessary to realize that such things will definitely continue to happen as long as what is being discussed is something valuable and in this case means bitcoin in the portopolio that we have so that as much as possible we should be able to protect it because in my opinion if in the end we really guard and secure our assets well no matter how hard the thief wants to get it still it is difficult to happen. 

I think saving bitcoin fund in wallet and centralized exchange have difference highest level of security, actually offline wallet more recommended than use exchange for saving bitcoin assets. In exchange wallet has unique the security level depend on regulation on each exchange market, usually with exchange detect new IP login access will required email confirmation are there real owner or not and loss access if hacker have take all data exactly with email. But has advantage with centralized exchange for saving assets when forgetting or reset 2FA have feature re KYC and its difficult way for hacker stole bitcoin fund are saving in the exchange wallet.

Generally, all digital assets is very unsafe right now how many kinds malware or fake link sent to us and risk if using the same mobile phone are place saving our bitcoin then use for active in social media. More safety use difference mobile phone for saving place digital assets such as bitcoin and another phone using for social media when get malware link keep protecting with our digital assets such as bitcoin.

With someone carelessness, Bitcoin can be stolen. Once someone is lost with his or her private key or seed phrases,someone Bitcoin can be easily stolen. But if your private key and seed phase are only known to you and nobody gets access to them, it is very impossible for anybody to steal your bitcoin. So the important thing to do to avoid having your Bitcoin stolen is to provide proper security for your Bitcoin wallets by hiding the privacy and seed phrase wisely in a location where nobody will get access to it, unless only you or the person trust and show where you hide those your private key or seed phrase.

Of course bitcoin can be stolen because just like your fiat it's also a currency and also an asset so you are the one to guide and protect it as it belongs to you and only your carelessness is what can lead to it being stolen and again since it's digital makes it even more easier and that's why it's always advisable to do everything pertaining the safety of your coins offline and off the internet because it can easily get hacked by expert and free loaders.

Anyone that is interested in investing in bitcoin should question themselves about whether they are ready to shoulder the responsibility that entails storing those coins on their own? Because anyone that has invested an amount of money they think as considerable will tell you this is probably the most difficult step, since this is not something that you just do and then you can forget about it, you need to keep very high standards of security all the time and if you fail in a single instance, this can be more than enough to cause you to lose your coins.

Please think also about what happens in case you have an accident. Here if nobody knows about the keys, the bitcoins are gone. If people know where to find the keys, this could increase the risk for you to have such an "accident". Plenty of divorces and former partners fighting about every cent.

My suggestion would be, to make a will and leave this at a lawyer or so and add an envelope to a specific person with all your Bitcoin details. But tell nobody about this. So you can change this at any time, and in case of an accident the Bitcoins are not lost..

:)

Yes, but that's not really what's being discussed in this thread.  The main thought of the topic is whether bitcoin can be hacked and stolen.

If you haven't ever watched the YouTuber Kitboga, I highly recommend doing so.  The man is truly doing gods work in scam bating and he is the king of scam bating...he will literally spends days or weeks scam baiting a single scammer.  Of course by doing so, he is wasting thier time and preventing them from being able to scam someone who won't know any better...and sadly there's still so many people like that.


Here's a few examples of Kitboga messing with scammers who are trying to steal his "bitcoin" which is really just a fake virtual machine he's running that they try to hack and most are none the wiser...they think they are really inside his PC.  Enjoy..

https://www.youtube.com/watch?v=uhhUBBoWLDY

https://www.youtube.com/watch?v=O5AqwpxHJNc

https://www.youtube.com/watch?v=uSgFRq2pY0Q

https://www.youtube.com/watch?v=uNKERzNED28

Yes my friend Bitcoin can be stolen because it's an asset. A digital asset for that matter. If bitcoin can't be stolen then why do people always preach about privacy of keeping our seed phrase for safety. As much as I concern, many hack has took place over so many years ago down to our current time. And most of them was cause by Insecurity of wallet.

You are right Bitcoin theft has happened a lot, day by day hackers are finding new ways to steal. Generally we are living in the current age where everything is social media and internet is in our hands so hackers have found their fancy ways to steal how they can steal bitcoins so we have to try our best to keep our money safe. Generally in the age of internet as we are enjoying the benefits there are some disadvantages that many hackers are using its benefits for dishonest activities due to which many incidents are happening various hackers have hacked someone's account doing various types of stealing etc. Therefore, we should take utmost care so that our resources do not fall into the hands of any malicious gangs or hackers.

Currently Bitcoin is a digital currency and currently Bitcoin does not exist in reality. Earlier there was form of bitcoin but now bitcoin has no form it is only a digital currency. Being a digital currency, Bitcoin is certainly possible to steal and many times we hear of major thefts in various media. If you are a bitcoin investor and you have enough bitcoins, you must keep the amount of bitcoins you have either in your exchange account or in your wallet. In that case, if someone else knows your private information or if someone else uses your device and steals your password or personal information, you can easily lose your bitcoins. So you must be careful about these things.

Is bitcoin safe from hackers? No. Can it be stolen? Yes

How can someone steal something you can not even physically hold or touch? Easy, just steal where it is stored in if a thief gets a hold of your wallet, there is now no way for you to get it back especially if you were storing your bitcoin in a decentralized wallet

It is also possible that hackers infiltrate your system and transfer the coins to their own

This is why even though bitcoin is relatively safe it is still up to us on how we can have more security and protect our own coins

It is possible that hackers can steal bitcoin because bitcoin is a digital currency that is stored in a specific wallet out of reach of everyone. But before using the exchange sites you must maintain security and refrain from sharing your personal information with anyone. Hackers can easily steal your bitcoins if your wallet password is exposed. Keep your personal information in such a place that no one can know anything.

The safety of your bitcoin depends on the person that has that bitcoin, if you're irresponsible at how you store your keys and seed phrases not having any backup that's not stored in multiple formats and you click a lot of suspicious links all the time and you download stupid stuff from shady websites, you're likely to be an easy victim for hackers. Hackers or black hat hackers prey on people that are bad at their online security and they try and find an exploit in your system so they can steal something or make your daily life inconvenient so the more irresponsible you are with your bitcoin then you're more likely to be a target by this people that have nothing better to do than steal from other people online, be responsible and don't be one of the many victims of these hackers.

We are now living in digital or modern age. Nowadays we do a lot of work online. Whether we use the Internet for personal or professional reasons, we must be aware of online risks. If you are not aware, you can face various risks of online media or situations like hacking. However, the most valuable coin currently is Bitcoin. Now if I have Bitcoin there is a possibility that it will be stolen. There are various ways hackers can steal my bitcoin information from the internet access. Of course using strong, unique passwords for wallets to protect me from theft of my bitcoins, setting up two-factor authentication if necessary. Also make Bitcoin transactions through the right exchange because it is possible to lose Bitcoin from the exchanges. I think these matter should be prepared in advance.

Yes, physical and virtual all types of assets can be stolen if they are not properly protected. Bitcoin is the most safest coin for investing but if you don't know how to secure it then it can be also stole from you by hacking. There is lots of news and articles that poeple also losses their bitcoin for their mistakes. So always be aware when you are browing specially the device that you are holding bitcoin.

mixers and physical drives can help

Mixer don’t help you steal bitcoin, you need to do what ever work or trick you have to do in other to get those bitcoins off the owners hand before you can think of using a mixer the mixer will only help you unlink the coin from your address to a new address that you will send it to, without the trace or where you originally get it from and even without using mixer their also other way of doing that for privacy shake if your coin and not just for stolen funds only.

I can tell you that the guy you mentioned is not the only person who managed to steal Bitcoin. Not even close. I'm not even sure it was the biggest theft of all time.

Replying to your question, yes Bitcoin can be stolen, like any other form of money, property etc. You only have to rely on yourself, remain cautious and alert. Store your Bitcoin wallet the same way you would store your conventional wallet - keep it safe, try to avoid showing it in public etc and you'll be good.

The most incidents and dangers are in virtual assets and they are always lurking, it's not as perfect as it sounds and of course if everything is not stored properly it is very vulnerable to theft, especially if it is digital based.

Yes. Coin assets are generally all stored on the phone, so I think we create Backups regularly to prevent bitcoin theft if our phone is stolen or lost.

That's a different problem because hacking is carried out by irresponsible people and as much as possible we must be able to maintain a security system for the assets we own. Meanwhile, if we forget the seed phrase password for the wallet we use, it is due to negligence and is entirely our own fault. Offline wallets are much safer, but using some of the wallets recommended on forums is also good, as long as we know how to use them and store the important things we need.

That's why people need to verify every kind of malware link sent by people and if we have bitcoin assets then there is no need to open anything related to it. Although using several cellphones is an alternative for security and if you have to use one cellphone then you should not have to open lots of other people's posts connected to the internet. Basically, security is a step that we need to pay attention to and we have to verify it ourselves and don't get caught up in something sent by someone else, be it an invitation or something like that.

No matter where we are in a situation, the risk is always there, whether it's online or offline. All that is needed is that we are prepared for the consequences that we can face with things like this in cryptocurrency.

And because we are in the online category here in this field, there is really a chance that our Bitcoin will still flow if a hacker finds a wallet account that has a leak. He will enter it and take Bitcoin if he has the chance. And this is often done through their phishing tools.

It is not owned by Anyone but you , so Bitcoin can be stolen if you don't know  to keep them safe and don't know what security you may use .

there have tons of scamming and hacking happened over the years , and sometimes it is not being stolen why they lose their bitcoins but not saving their keys and forgetting in the future.

Phishing is a problem indeed. but not the biggest. In fact phishing is only a problem for stupid people who easily fall for any links sent to them. if we be careful enough and stop clicking on any random links, and verify important links twice and by manually typing them. then the risk of getting phished will almost reduce to none.
Software backdoors and malewares from softwares is a bigger problem than phishing. but with being cautious we can eliminate that risk too.
the thing is every problem has a solution. it all depends on each person. how they deal with those problems and how they avoid getting into the problems at first place.

I agree with you, but humans have a tendency not to be perfect. If you have all your bitcoins in 1 wallet, 1 mistake can be enough to lose all. Therefore you should have your Bitcoins split over several different storage options, then 1 mistake should affect only a part of your Bitcoin holdings...

Your BTC's in your wallet is only as safe as the device you store it in, if you have good opsec and you use your wallet offline with more than one backup of your seed phrase stored in different locations, then your fund is safe. Some people think that because the BTC network in itself is safe and secure, then the BTC's in their wallet is also safe, but that depends on them alone. If you store your coins in an unsafe environment, surely it can be stolen by attackers.

It can be stolen absolutely, there are cases of people losing their bitcoins to hackers or thieves. While Bitcoin has implemented new and improved security, it is important to remember that no system is completely fool proof. Hackers and thieves are always finding new ways to target individual and their Bitcoin wallets. It's crucial to take precautions to Keep your bitcoin safe such as using strong passwords enabling two factor authentication and storing your Bitcoin in a secure wallet. Be cautious when dealing with your bitcoin.

never store all your funds in 1 wallet instead spread them to separate wallets even if you are
using cold wallets or offline wallets because we don't know what will happen in the future , we may lose
handle one of them or we might completely forgot the pass key? there are circumstances that cannot
be explained so better be ready with those.

Yes Bitcoin can be stolen and and isn't 100% safe from hackers and this is a straight answer to your question. If you don't protect your coin in your wallet be it a Bitcoin wallet or on an exchange you are definitely going to loose it to hackers and probably fraudsters who have gotten access to your wallet by virtue of you giving them access knowingly or unknowingly, your seed phrase is a very important component of your wallet id you must be able to completely protect your wallet from access to hackers and probably fraudsters.

Talking about the safest way to invest well, I wouldn't want to rule out Bitcoin but then it's important you understand that Bitcoin was basically created for the purpose of having a decentralized currency online and not to be just invested upon but the demand and supply has affected it's price over the years.

But managing multiple wallets is not as simple as you think. If you only have one wallet and one seed phrase, you already have trouble storing them safely . So how can you easily manage it if you have 3 to 4 wallets to manage ? If you don't trust and feel your storage is still risky, distributing your bitcoins across multiple wallets does not guarantee that they will be any safer. With the method of using multiple wallets for storage, you probably won't lose all your bitcoins when hacked, but have you thought about the risks of storing too many seed phrases?

It is no longer wrong that every person must really want to protect their own assets so that they are not lost, especially if these assets are assets that have a very high value in their life. Likewise, devices where you can store Bitcoins should not be given to other people carelessly, and you should not open access to websites carelessly if the website is not truly safe from viruses.

Even though you have made a special backup to protect the wallet where you store Bitcoin, it is a good idea if you want to take another option such as storing it in a hardware wallet so that it is very easy for you to maintain it. Because smartphones are also vulnerable to damage and are also susceptible to viruses if you click on dangerous links accidentally.

I believe Bitcoin just like other cryptocurrency can be stolen if the wallet holding it is compromised. A situation where someone else has access to to wallet if they have the key phrase, they can wipe all your tokens/coins and that's why it is very important to keep your key phrase, mnemonic safe.

Bitcoin theft or hacking is a common occurrence but only happens if the security system of the Bitcoin wallet is weak and the user is careless.

If the security system/Private Key/Password/Seed Phase etc. of the wallet which is in the device of many people is stolen or hacked for any reason then only bitcoins can be stolen and also it is never possible to steal bitcoins from the wallet.

Moreover, there are many people who save the security phase of their wallet on the hard disk of the PC or device. Because if any hackers get access to that PC or device then they can get access to Bitcoin wallet. Many times links are sent from various phishing sites for some reason if someone connects wallet from that phishing link then only bitcoins can be stolen.

Isn’t it a contrasting idea having to say that,
It’s never possible to steal Bitcoin from a wallet but still, in the first part of your comment, you did say,
Bitcoin theft is a common occurrence and it happens when the “security system of the Bitcoin wallet is weak” that’s in your words actually.

Am highlighting wallet, weak and theft in that.

Now, can the security system of a wallet be weak?
How is that determined?

What is meant by a weak wallet is choosing a wallet as a storage place and the way you store your Bitcoin wallet phrase/private key.

Hot wallet, this open source wallet is very vulnerable to being hacked. For example, a simple case, hot wallets are usually used on crypto exchanges, our mistake was storing all Bitcoin assets on an exchange which tends to have the potential to be hacked and our Bitcoin asset funds can also be taken by hackers, not only our funds but other people's funds are stored in the exchange's hot wallet, therefore many experts say not to store bitcoins on the exchange.

Well, Id say it can. The security of a wallet can definitely be weak.

Wallets are like any software - they can totes have security issues.  Hackers can take advantage of stuff like weak encryption or bugs in the code.  It is kind of like how scammers will call old people and pretend to be the IRS to get them to wire money.  But with wallets instead of using social engineering they exploit vulnerabilities.

So yeah, wallets can absolutely be insecure if the folks who put them together didnt lock down all the doors and windows so to speak.  Any piece of software comes with risks.  But theres good ones out there too - wallets made secure by design from ground up.

What a big lost of stolen Bitcoin that worth such amount without saving the private offline or phase code in a better place. With such lost amount of Bitcoin hardly recover to buy such amount back again, because this is morning for Bitcoin price increases, in the next 12 years from now, Bitcoin price will be more than 3 time's price increase from the current market price.

Yeah, obviously, a hacker has only one way to steal or hack your Bitcoin wallet, and the reason is weak security. If you do every step in the right way, for example, wallet, seed phrases, private key, public key, etc. These are all stances that, if done in the right way, no one can steal your funds. The job of a hacker is to figure out your weak point, that is, they make this weakness a means of hacking for themselves.

Hmm, true bro, phrases, passwords, etc. should not be saved on a hard drive or anything online; it can cause you to lose your funds. Recently, I have seen many YouTubers who took screen shots of their phrases or passwords and kept them on their PC or hard drive and the hacker monitored and accessed their hard drive through phishing links, malware's and seeded phrases or passwords Collected and stole the funds from all wallets from this YouTuber. So your point is correct that we need to be careful not to make any mistakes on our part, due to which we should not lose our funds.

Thing is the media sensationalizes large-scale bitcoin thefts when the amount of small-time bitcoin robberies amount to millions of dollars each day. But to their credit JZ was a top-tier criminal for the lump of lard that he is. Only thing is that he doesn’t really outrightly hurt people by the stealings he committed, but instead Silk Road itself as he steals their treasuries collected from customer funds through them, so when shit gets going Silk Road’s left to top up how much he had taken from them.

There’s a part of me that wanted to be sad for the guy too. He pretty much stated that he’s bullied all his life for how fat he is and the only gratification he got was when he got rich from the stealings. Then the government swooped in when they saw him for the big fat sweaty and oily dollar sign that he is, arrested him and threatened jail time on him until he relented and gave them the keys to his million dollar net worth. What a sad story of a guy bullied all his life only to he bullied again by the internet and the government.

Oh well. Of course this means bitcoins can be stolen, but unlike money, anybody with an access to the transaction hash and an internet connection capable of running a toaster could track who stole the bitcoins.

Like money, gold, and valuables, Bitcoin can be stolen. If the Bitcoins are stored in a safe place i.e. if the wallet in which they are stored is hacked then it is possible to steal the Bitcoins as well. Everyone should store Bitcoin storage devices securely so that no one can hack those wallets.

Yes, Bitcoins can be stolen. All wallets have their own advantages and disadvantages. If you use a wallet and you are sure that the operator will not steal your Bitcoins. Of course, the operator must be trustworthy. However their company wants to retain customers. If your Bitcoins are stolen, you are not happy with the company. Therefore, you must be wise in using a wallet to store your Bitcoins. Moreover, if a wallet manages a lot of value, the wallet company becomes a target for hackers. It doesn't take much time. Once inside, hackers have access to customer wallets and can steal Bitcoins at a leisurely pace.

No computers are safe, because scammers are all over the place on the internet and they can just simply use some plot twist to fool you and make you think that it is just normal software that you used to use but they already injected their malware into it so that they can steal some necessary information to access your wallets which happened to many bitcoiners when they loosely just hiding their keys on their computers and ended up getting hack because they were not aware of the hacker's tactics nowadays.

There's nothing like no one can hack cold storage or hardware wallet, watch this video How I hacked a hardware crypto wallet and recovered $2 million (https://www.youtube.com/watch?v=dT9y-KQbqi4).

It's why you must not leave your coins in a centralized exchange and it's the reason why KYC is bad.

If no one don't know you hold Bitcoin and you use non custodial wallet, this will make the hackers that target the company/developer is useless since there's no link between you and the company/developer.

No, knowing the public address of Bitcoin wallet alone is not sufficient for someone to steal money from it,Wallets and addresses have 2 distinct, separate functions. One is to send bitcoin.the other is to receive bitcoin. There are two different processes to make that happen.
to receive bitcoin, you give the sender a receive address ,to be assured no one can steal your Bitcoins or another crypto currency through your wallet address don't share your public address especially the private keys for your enhanced safety.

Having a hardware wallet is a better solution as i guess all these Multi-Sig wallets may provide fool proof security but the general public may configure it incorrectly making it inaccessible to withdraw their fund. Either one must understand how this works other it can be a disaster if one configures 3 by 2 multisig wallet and somehow mismanages that he is unable to sign from the two wallets to withdraw his own funds  :o

You answered your question yourself op. BTC is digital money which can be stolen in multiple ways if you aren't being careful.

Almost all wallets(Online and Offline) these days provide great security and your stash will be fine as long as you follow all security protocols properly without doing anything silly basically.

The answer to the question is, yes it can be stolen. Hackers can easily steal the coins. Not only hackers, if any normal person has access to your wallet’s private keys, he/she can easily stole and transfer the coins. You need to take necessary actions to keep the coins safe from these attackers. If you are using a offline wallet, then keep your PC clean from viruses. Don’t share the private keys with anyone and use a personal computer always to access the wallet.

I would suggest to buy a cheap laptop and throw a weired version of Linux on it and use this laptop only for bitcoin and nothing else.....

If you use a rare OS, then it is very likely that no hacker bothered to come up with malware for a tiny fraction of users, so less chance to get infected :)

Depending on how you use them, don't think that Linux users will not be attacked by hackers, and Windows users will be attacked regularly. I have also been using Electrum and windows wallet for the past 5 years and I have never had any problems like hackers or viruses stealing my data. It all depends on how you use your device, don't be subjective that when using Linux you will be immune to hackers and neglect to protect your bitcoin wallet.

I keep investing in 1 wallet most of the time. I try to take care of the wallet in which I keep my invested bitcoins so that I don't face any kind of problems.  I always try to keep everything safe by thinking about these things. So that I never have to face big problems, I always try to stay safe by thinking about these things.

In case you lost your wallet by accident, forget the seed phrase, you get kidnapped, robbery steal your wallet in your house etc it means you're lose all of your coins.

It's not Linux will be immune against hackers, but most of malwares are created to target Windows than Linux because most people use Windows especially an Average Joe.

Even though you're aware with too good to be true or other scam strategy, but you can't make sure you're always in good mood and never did any mistake.

The easier answer is yes Bitcoin can be stolen, but if we want to talk more technical, the thing that is stolen is the private key rater than the Bitcoin itself. There is no way to steal Bitcoin other than taking over the Private Key. That's why most people is recommending Non-Custodial wallet because we will be in control of the Private Key, so we can make sure and do our best to keep our private key safe.
s
On the opposite, a custodial or exchange wallet is not fully in our control, there are a lot of cases where exchange got hacked, and people's money are stolen. And a small hole in the security system Hacker could own the whole wallet of exchange account.

While Bitcoin boasts robust security measures, it's not infallible, as evidenced by the vulnerabilities unearthed by James Zhong. These vulnerabilities often lie within user interfaces and human interactions with the system. However, it's important to acknowledge the continuous improvements made to Bitcoin's security in recent years.

In my experience, the most effective protection for Bitcoin lies in personal vigilance and adherence to best practices. These include utilizing reputable wallets, implementing two-factor authentication, and securing private keys offline. The synergy between advanced technology and informed user behavior significantly enhances security. As I often convey to my peers, "The responsibility for safeguarding your digital assets lies squarely with you."

A Bitcoin can be hacked at any point in time because of revenge of seed phrase or making your seed phrase open to the people that is the easiest way a bitcoin wallet can be stolen in your wallet so it is advisable to keep your private key very intact so that no one can penetrate to your wallet The only way yeah it's gone can be get lost is through making your seed phrase open to everyone

Every Bitcoin wallet owner has a private key, when you don't control your crypto key, it means you also can't control what happens to your assets. Stolen Bitcoins are usually the result of storing them in unsafe places such as hot wallets connected to the internet or online. The Mt.Gox hack is probably an example of poor security and the biggest cryptocurrency theft.
When you have the status of a Bitcoin owner, you need to pay attention to "Not your keys, not your coins", always keep your assets safe by storing them in a place where you can control the private key. Several cases that occurred in the past can be a lesson for anyone who still has Bitcoin. Hacking cases can be prevented by storing your assets in a safe wallet and storing your private key or seed phrase offline.

Not only crypto assets but also fiat money are stolen in the online environment. Who do you blame here?
Most of the times we destroy our own security because of our own reasons. If you can't keep the keys to where you keep your assets, there is definitely a chance of theft. I would say if you have a lot of assets then definitely use a hardware wallet.

Indeed, if we do not protect our private key or have a strong backup password, bitcoin can be stolen. If our wallet is not secure, hackers can steal our coin using many methods. We need to be careful when selecting a wallet to hold our bitcoins; we cannot store a bitcoin in a wallet that we don't trust because we may still loose it depending on the wallet we choose. We should stay away from any links we come across online as clicking on a link sent to us by scammers can give them access to our wallets. If we allow someone close to us to have access to our wallet while we are holding bitcoin, we still could get scammed. Instead, we should learn about bitcoin and keep it to ourselves, including those who have interest in it.

Bitcoin is an online currency that may be stolen in many different types of methods. To keep our bitcoin safe, we need to protect our private key and use a strong password that is impossible for someone to figure out.

The core Bitcoin blockchain is as safe and reliable as it can be. The problem is not the blockchain, but rather the person using the blockchain. What hackers gain access to is the private key or seed. That secret info can be leaked by mistake or on purpose. It's up to the person himself to keep such info safe from prying eyes.

By following good security practices, no one will be able to gain unauthorized access to your BTC. Unfortunately, most people store their coins at centralized exchanges which are prone to failure. This makes it easier for hackers to steal someone else's Bitcoins. Hopefully, DEXs and non-custodial wallets gain traction to put an end to this problem once and for all. As long as the Bitcoin blockchain remains "impenetrable", there should be nothing to worry about. ;)

Yes, Bitcoin can be stolen through various means. Here are some common methods:

Hacking and Cyber Attacks: Malicious actors may target cryptocurrency exchanges, wallets, or individuals through hacking attempts. If they gain unauthorized access, they can transfer Bitcoin from one account to another.
Phishing: Phishing scams involve tricking individuals into revealing their private keys or login credentials. Fraudsters often use fake websites or emails that appear legitimate to deceive users.
Fraudulent Wallets:Some malicious wallet applications or online platforms claim to offer secure storage but are designed to steal users' cryptocurrency. It's essential to use reputable and well-established wallets.

To protect your Bitcoin and other cryptocurrencies, it's crucial to follow best security practices:Use hardware wallets for long-term storage.

Enable two-factor authentication (2FA) on your accounts.
Keep private keys secure and never share them.
Use reputable and secure wallets and exchanges.
Be cautious of phishing attempts and verify website URLs.
Regularly update software and firmware for wallets.

But always remember that the decentralized nature of blockchain and the security measures in place make it challenging but not impossible for theft to occur. Being vigilant and adopting secure practices can significantly reduce the risk of Bitcoin theft.

of course BTC can be stolen and there are more than 6 ways of getting fxxxxx up. (Excuse the language, but I need to say it because it is very serious)

1) Phishing: Scammers trick you into giving up your wallet info with fake emails or sites. (Your fault)
2) Exchange Hacks: Sometimes hackers break into crypto exchanges and steal Bitcoin. (Not your fault)
3) Malware: Bad software on your computer can swipe your Bitcoin details. (50% of your fault)
4) Scams (https://phemex.com/academy/cryptocurrency-glossary/crypto-scams): Watch out for too-good-to-be-true offers; they might just run off with your Bitcoin. (Your fault)
5) Public Wi-Fi Dangers: If you're using public Wi-Fi, hackers could intercept your Bitcoin transactions. (Your fault, dont use PUBLIC FREE WIFI)
6) SIM Swapping: Hackers take over your phone number and get into your crypto accounts. (Not your fault)
7) Lost or Stolen Devices: If someone gets their hands on your device with your Bitcoin wallet, they could transfer your coins out. (50% of your fault)

Knowledge about Bitcoin really needs to be learned, remembering that this is actually the main key to our success, because if it has been hacked then we won't be able to sue anyone, this usually happens because of our own negligence by clicking on a link that allows other people to enter. . On the other hand, we can place our assets into several wallets, so we can minimize risk, There have been many incidents where assets were lost due to hackers, therefore it is important for us to be in forums like this to exchange information and learn knowledge about Bitcoin.

Yes agree. Before investing in Bitcoin, it is important to first learn knowledge about Bitcoin thoroughly. Specifically regarding wallet security, the most important thing is that because digital wallets there will always be hackers there, no matter how sophisticated the security is. If you are negligent in maintaining it, your assets will be lost, let alone hacked, even if you make a mistake in the transaction, they cannot be returned. And what is no less important than saving seed phasing offline is never put a lot in one wallet but in several wallets as you said.

Actually, all investment fields have their own advantages and disadvantages. There is no type of investment that is without risk. It all depends on each individual in managing risk. So the only thing you can do is prevention. Each of your wallets must have strict security, including using a hardware wallet, a password that you think is strong and unique, and don't forget to always activate 2FA. Perhaps the latter continues to try to be careful of suspicious or phishing sites sent via email.

It can be safe from hackers, because there are some settings you will give to your crypto wallet, and all your coins in that wallet are safe from hackers and there is no way scammers can have access to your wallet without your notice, because all the details they need to access your wallets are with you. Bitcoin can be stolen when you exposed your seeds phrase to people, because once you
exposed your personal details to people, it will be easy for hackers to withdraw your coins from your wallet. If you have not give your wallets a solid safe, you better do that before storing your Bitcoin inside the wallets so that you will be comfortable with your holding whenever other people are crying for the stolen of their Bitcoin.

Of course it can be stolen

It's very difficult to say that Bitcoin is completely safe because I think there are still many cases of Bitcoin theft. Apart from that, I also think that as long as she is online and in the digital world, nothing will be safe. In fact, we know that many cyber companies continue to improve their security because they know that hackers will continue to develop. However, we are only required to protect our assets as best as possible.
Has a crypto wallet ever been hacked (https://parofix.com/threads/has-a-crypto-wallet-ever-been-hacked.943/)

I've never had the opportunity to hold any Bitcoin, but if I don't get it wrong from what I've learned here, your private key or seed phrase is what secures your bitcoin, which can easily be hacked by fraudsters when using centralized exchanges to keep your bitcoin, which is the reason they keep emphasising that we shouldn't store our bitcoin in exchanges. A digital asset is bitcoin, so remember that there are scammers involved in anything related to cash This is why there are so many talented fraudsters on the internet

IMO it is good we store our bitcoin in a non-custodial wallet, as this will ensure its safety. But remember that even when using a non-custodial wallet, you still own your private key, therefore misplacing your private key it will permanently prevent you from accessing your bitcoin.

   Yes Bitcoin can be stolen, if necessary measures. are not put in consideration to protect and control your private keys. The security of your Bitcoin wallet depends on how safe your private keys are kept because scammers use different methods to steal people money from their accounts which are knowing your wallet address, exchange hacks, crypto jacking and social engineering schemes and others,and so you need to protect your private keys.

all digital assets can be stolen if the security level of your wallet is not accurate / safe, you need extra security if you have digital assets such as BTC and friends,
where you are required to keep your seed phrase as neat as possible and not easily guessed by people, and it is better not to tell people that you have bitcoin or other crypto

At every point in time where there is a good development,there's also a bad improvement,its a digital world we all know and as many cybersecurities institution are upgrading their security tactics and system,hackers on the other way are trying to improve in their theft,they are looking out for ways to oppress and top up their illicit knowledge on crypto users.
  Hackers have caused investors to not only lose their life savings, but also their trust in cryptocurrencies, which results in ultimately in the decline in the system.Hackers can access cryptocurrency users and thier wallets and steal their Cryptos.

No, hackers always find a way to find their victims and hack their Bitcoin wallets. It is crucial to protect your Bitcoin assets. There are various methods to achieve this, including investing in a hardware wallet, refraining from clicking on suspicious links that are sent to you or that you see on social media, and avoiding logging into your wallet from a device that is not your personal computer.

Of course they always find a way to "hack your Bitcoin". After all, most people store their coins on centralized exchanges and/or custodial wallets. Self-custody is the way to go if you want to secure your Bitcoins against hacks and/or theft as much as possible. But be aware that you can also become a victim if you're careless enough to expose your private keys or seeds. Following the necessary security precautions is a must to prevent unauthorized access.

You should buy yourself a hardware wallet for complete peace of mind. Or if you're planning on passing down your BTC to future generations, use a paper wallet instead. Just remember there's nothing in this world that's 100% safe. As long as you don't keep your guard down, there should be nothing to worry about. ;D

Computers are not the best place to save the seedphtase of bitcoin because keeping it online it is possible for it to get hacked by hackers,  so it is better for it to be stored in safe place offline which only the user can have access to it . The reason why hacker's succeed in getting into people's wallets is because they have opportunity to get information which enabled them to login the wallets .the way we handle our information is what we determine if hacker's can get to our wallet.

The security of your assets depends on how secure you can keep them because it's you who can secure them and keep them safe from hacks and exploits. If you can't do that well, your assets will be at risk no matter where they are kept.

When it comes to Bitcoin, you are supposed to use wallets that are safe and mainly aren't connected to the internet, and it is best if you can keep your public and private information secure and don't share them anywhere publicly if you know your wallet has enough funds for someone to try and brute force it.

So, you can't say that Bitcoin can be hacked, but the wallet and storage that you use can be hacked or exploited if it's not secured and that is your responsibility to keep it safe.

Let me say that I was so surprised when I read the OP, we are in a porous world where everyone is desperate, so anything can happen, especially if we loose guard. You can imagine those who would be careless with their seed phrase, password and even their gadgets, their coins can be stolen of course, and this will be easy for that matter.

Needless to say, online stealing and hacking are also possible, and guess what, most of them would disappear into thin air and they will never be found. You can see that it is in two categories now, one is self carelessness, while the other is a heist. The second can happen to anyone no matter how smart you are, we should just pray that we are not a victim of such. And these days when we have the service of mixers and tumblers at our disposal, to change the assets to what you can't even imagine can be so easy, which also aids fraudulent acts on the internet.

Not if you use hardware wallet in a clever way... haha

To guarantee the safety of your bitcoin from hackers, you have to secure your private keys. In most cases it is not advisable to safe it online and do not download wallet from unknown websites where you could just be funding the wallet for the scammer.
Mind you. Nothing on earth is absolutely free from theft if you are care-free or careless. Thieves are awaiting for your slightest slumber for Rob you.

bitcoins can be stolen when another party has access to your private key and they use it to access your wallet and drain all your bitcoins. so as long as hackers don't have access to your private key, they won't be able to hack your blockchain wallet. and therefore, if you have bitcoin, you should store the private key in a secure place such as air-gapped hardware wallets or write it down and store it in a safe place in your home.

The possibilities for Bitcoin to be hacked depends on the tenderous and careless handling of the Bitcoin owner. This is why it is loudly sounded that you must take security control of your phrase keys and keep your passwords indicted to yourself for any little exposure of your keys stands a threat to compromise your wallet. You can also be hacked if you are not careful of devices and you logs your account in.
And of course, whatever platform with the requirements of passwords is possible to be hacked and that is why your passwords are your Private key's

Purchasing a hardware wallet is a viable option for safeguarding your cryptocurrency, but it may not be feasible for new investors who prioritize earning profits from their initial investment. This may change if they have a substantial investment and surplus funds to allocate towards a hardware wallet.

But if you want such thing not to happen to you anytime, just make sure you store your seeds phrase safe from hackers which are the major thing that make BTC to be safe for long period of time and nobody can have access to your BTC unless you click hackers links that will display your private details before it can be stole from your wallet.

Storing your private keys in your phone is not advisable to users and it will expose you to your hackers and, it will be very difficult to identify hackers and the hackers are those people who are close to you and they  have access to your phone at anytime but you will not know that they have discovered your keys in your phone.

For me am new to bitcoin discussion. but I have little experience in it, your Bitcoin can be stolen from your wallet by someone who knows your Bitcoin details and can also be hacked by hackers.

   Yes it can this is why it’s advisable you write down your seed phrase in your journal or better still store them in an hardware device. Your device will be vulnerable if some attacks are lunched to it thereby exposing your data to the attacker. Your attacker might be someone close to you or someone watching  you from a distance monitoring your every move. This is why storing your seed phrase in your phone is not wise because you won’t have to fall for traps like that. Even the banks get robbed and they lose huge amount of money, hackers and robbers are just vices that can’t be fixed. Also using public Wi-Fi or unsecured internet can give hackers access to  your cryptocurrency wallet. For added peace of mind, use a secure internet connection and connect to a virtual private network (VPN) whenever you engage in online transactions or access your cryptocurrency wallet. A virtual private network (VPN) is a service that encrypts your web browsing activity and protects it from surveillance and cybercriminals. It also allows users to change their IP address and location.
   The best thing is to be extremely cautious on our ends. No one can steal bitcoin from you if it is in a wallet that you control AND you never give anyone else access to your wallet. BTW, there is never any reason for you to give access to your wallet to anyone else. Never, never, never. No matter sugar coated it may sounds they just want one goal that is too rip you off.  Take preventative measures to protect your digital currency and learn best practices to minimize the risk of loss or theft. Stay informed, take precautions and make informed decisions to protect your valuable digital assets.

Yes, Bitcoin can be stolen through various means such as hacking, phishing, malware attacks, or physical theft of devices where Bitcoin is stored. It's important to take necessary security measures to protect your Bitcoin holdings, such as using secure wallets, enabling two-factor authentication, and keeping your private keys safe.

This is a basic step that must be taken because in the end regardless of the wallet used everything will feel the same if we are still negligent and not careful in treating the assets we have so that theft can still occur even though the wallet we have is quite sophisticated because it is not a problem about the wallet but the problem is the thoroughness that we must have.

Bitcoin can be stolen and that is a thing that can be said to be certain because anyone can be exposed to theft like this as long as they are not careful in maintaining their assets but in the end such things can be minimized by those of us who do not give ourselves a gap so that we are easy to be deceived in this case so that what the thieves expect does not happen and the way is to limit ourselves from openness, especially for Wallet issues that we have such as seeds or other things related to Wallet.

I've grown to respect the delicate balance between technology and responsibility. Creation and stewardship dance divinely.

Bitcoin releases us from financial constraints thanks to technical ingenuity. Free will comes with the obligation to protect our possessions. Not the wallet, but our actions and choices determine security. Bitcoin is more than a currency - it teaches us about digital personal responsibility.

Only when we relax and forget that our possessions are only as safe as our least vigilant moment in the digital cosmos does theft become "guaranteed". Supporting Bitcoin requires realising that although it empowers us financially, it also puts us in charge of our digital futures.

Of course Bitcoin can be stolen as it can be stolen like any other tangible object. Just like keeping money in a bank can be stolen, so can bitcoins be stolen in a wallet. Bitcoins can only be stolen if the security system of the wallet where bitcoins are stored is compromised. This is why Bitcoin wallet security is so important. If for some reason this security system is hacked or seed phase or phases words are stolen then Bitcoin will be hacked by hackers. ্ So you have to be very careful in these security systems.

With Bitcoin, basically you will have its private key and the saying is "Not your keys (Private keys), not your bitcoins".

How to own private key of your bitcoin?

You must use a non custodial wallet (self custodial) wallet to have private keys or mnemonic seed from which you will have private key. To have more safety, to avoid back doors, you must use open source wallet.

Wallets can be non custodial but they can be either close source or open source. With close source wallets, you have risks of back doors in their codes. With open source wallets, they can be reproducible and tested by developers so if there are back doors, it will be detected by community.

https://walletscrutiny.com/

Hacking is one of the biggest reasons why Bitcoins can be stolen in different ways. Bitcoins can certainly be stolen if a wallet is hacked. Or if the device in which Bitcoin is stored (laptop, tablet, mobile phone) is stolen, then Bitcoin can be stolen. Many times different investors hold Bitcoin holdings in exchange wallets for some reason if that central exchange is hacked then there is a possibility that the Bitcoins will be stolen.
If device lost,then Bitcoin would be lost for ever.
If 12/24 phases lost or hacked, then Bitcoin would be lost for ever.
If centralized exchange would be hacked, then Bitcoin would be lost for ever.

Not "are stolen" but "can be stolen" if we don't secure them properly. Who do we blame here? Of course our selves only, so complaining about it doesn't make sense. What can we do instead is accept the situation and learn from our mistakes. Private keys must actually be separated from the same storage where we keep our assets because our assets are primarily targeted by the hackers but who will be on their right mind to use the same wallet again? Because if they do, their coins will only get lost immediately.

Your recommendation of using a hardware wallet is great but on what brand? Since there are now lots of them and some or many of them might have a poor quality.

what I believe until now is that the bitcoin or blockchain system is safe and it is impossible for hackers to penetrate it. If you get hacked, it's not Bitcoin's fault but your negligence. Until now, it is impossible for hackers to guess what your phrase is, which consists of very unique upper and lower case numbers. Most cases of theft occur due to exchange and user error. If there is a system error it seems unlikely. especially now that security is layered. So the question is, can it be stolen? The answer is yes, but because it's your fault. not from the blockchain system

You have said it all, though very short but it is a very good statement. Hardwallet is the best wallet to be used to store our coin(s), it has been trusted and tested over time with better reliability than any other way of storing the coins. As you said, we must be clever about it, and this goes a whole long way even as the word clever is so huge but the holder of the Hardwallets is often taken for granted. Many believed that they had their wallet in a hard wallet but were never clever about it but they had their coins still stolen all the same.

This calls for smartness in handling it. Many stories about this are online in this regard and the same are advised on the same online to prevent such. It can't hurt for anyone having such wallets to seek such knowledge so that they can effectively protect their assets. This is especially true as the person who could deem it fit to buy a hardwallet to hold their coin must have a sizable value of the coin(s) in there to warrant such buying.  "What worth doing is worth doing well."

Bitcoin can be stolen if the wallet holding it is compromised. If your wallet is safe then your Bitcoin will be safe, otherwise If your wallet is compromised, your assets can be stolen.

So, ensure that you keep your Bitcoin safe. Store in a hardware wallet if you can afford one.

Your Bitcoin is vulnerable to being stolen only if your wallet information is exposed on the internet. This can happen if someone gains access to your private key or if you accidentally download a virus on your computer, which can compromise your personal computer.

The biggest problem about these kinds of topics is that they confuse security of the BTC network with security measures taken by the users of the BTC network.

Some people save their private keys on their computers without encrypting them. Some people save their private keys in the cloud. Some people have their wallets open without a set password and visit all kinds of malicious websites.

It's all up to the user and how technically literate and considerate they are when it comes to securing any of their assets. Hardly anyone would leave their car open while it is parked in front of their home. But lots of people use easy to crack passwords or no passwords at all because it feels comfortable.

There are so many easy mistakes that could be avoided to effectively protect your BTC against theft that it is careless to not address these issues. Often times they barely take any time either. A typical example is leaving BTC on an exchange, which then gets hacked and the media says it is a BTC problem instead of an exchange problem and their security standards.

Anything that is not secured against theft can obviously be stolen...

The fact is that since Bitcoin is digital assets there is every possibility that it could be stolen from users who doesn't no the safest way to store Bitcoin, perhaps that's way as a beginners like us one thing is investing on Bitcoin another thing is how to keep it safe because as someone who doesn't no how to save or store private keys could possibly fall a victim of hackers, so I think the best way is to get the right information on the safest way to store private keys before starting investment.

Bitcoin can unfortunately be stolen.
Mainly through careless in the owner's security practices. The most common ways is wallet hacks. The scammers create a ID and generated fack wallet. if anyone download the fack wallet and store the currancy.Hacker gains access to the private keys to a bitcoin wallet, they can transfer the funds without the owner knowing.

Even a hacker can effects the user computer network system and hack Criptocurrancy. According to the insight journal the cases of Criptocurrancy hacking 2022 over 100 million and 2023 over almost 332 million.

To protect Bitcoin from hacker attack no need to put  your fund in centralized exchange. You should also use hot wallets or get a cold wallet.

If we're talking about losing Bitcoin from the Blockchain, then I think that it can be near impossible because if it were possible, considering the rate of hacks in the crypto space, we would have heard about Bitcoin hack. But on a personal level, it'll be very possible lose your Bitcoin, especially on the ground of negligence, if seed phrase is lost or stolen, then the Bitcoin in it can be lost, also if a holder keeps their Bitcoin in a centralized exchange, if the exchange is hacked, then the Bitcoin will also be lost. So the advice is to safeguard your Bitcoin in a none custodial wallet and keep your password and seed phrase in a very safe and secured location.

Hardware wallets are available at an affordable price. For instance, you can get the Blockstream Jade for only $64.99. There's no excuse for leaving your Bitcoins unprotected. If you're in a very tight financial situation, you can simply make your own paper wallet and hide it from prying eyes. Self-custody of your coins is a must these days. Especially when centralized exchanges are a constant target of hacks. Some exchanges even went down the hill in an instant due to mismanagement of funds (FTX, Mt. Gox).

By maintaining custody of your coins (by holding the private key or seed), no one will ever be able to steal your BTC (assuming you follow the necessary security precautions). Hopefully, the number of hacks will decline as more people use non-custodial wallets and/or services. As long as Bitcoin stays decentralized, there should be nothing to worry about. :D

Nothing is safe in this world specially the money, hackers always find solutions.
There are two main ways for hackers to obtain cryptocurrencies: the first is by stealing them directly, or using a plan to deceive the owners of these wallets.
_Phishing email:
The scammer sends unsolicited emails, asking for personal login details, which can be used to steal cryptocurrency; Alternatively, they may offer “prizes” or “bonuses” for depositing certain amounts.
_Investment tricks:
The scammer creates a website, which resembles a legitimate investment trading platform; It may be a fraudulent copy of a real work, or a completely fake copy; They may even post fake ads on social media platforms, endorsing fake celebrities.

I hope everything will change and the developers invent new and effective protection methods.

Yeah Hardware wallet is more safer by overall I guess it only has one weakness, when you lose it  :P. People may be unwilling to spend more money on wallets instead they will choose a free wallet with a good reputation, If we never become a victim of a hacked exchange we never think that a Hardware wallet will be a priority. If we still want to store our funds in exchange at least we can use a few top exchanges to store our funds to prevent something like the FTX incident happen to us.

You are very confident that if you store assets in a hardware wallet they will never be stolen,
I think even in a hardware wallet, if bad luck everything will be lost somehow

Only if the hard wallet itself will be stolen. Everything can be stolen if someone will try hard enough.

If someone else knows and has the phrase key or private key of your crypto wallet, I'm sure your cryptocurrency assets are not safe and have the potential to be stolen. Even in the same class as a hardware wallet, if the phrase key to access it is leaked and known to others, the hardware wallet can be accessed via an open source wallet by simply entering the hardware wallet key phrase.

The best wallet is how we store our phrase key so that it doesn't leak or be known by other people.

Hardware wallet could be possibly be hacked and its proven out.

https://www.coindesk.com/tech/2023/05/24/crypto-security-firm-unciphered-claims-ability-to-physically-hack-trezor-t-wallet/
https://www.bloomberg.com/news/articles/2023-12-14/hacker-hits-one-of-crypto-industry-s-biggest-names-in-security

We've seen in the past about these issues. This is one of the reasons i dont really store up my funds into those devices.
I do simply just make use of traditional Electrum wallet for Bitcoin storage and MEW on erc20.
It works fine even up to this day from the start when i do know crypto.. As long you dont make those PK exposed into
other people then you should be just fine.

As with everything, hardware wallets aren't 100% safe. They can have vulnerabilities in their design (especially those that are closed source such like Ledger Nano). Open source hardware wallets are better because the community can easily identify bugs/vulnerabilities and patch them accordingly.

Why do you think open source software like Bitcoin and Linux are very secure and reliable? I'd suggest you buy an open source hardware wallet like Blockstream Jade or BitBox02 for complete peace of mind. If you follow the necessary security guidelines, no one will be able to steal your BTC. ;)

OK, but isn't this fear mongering? There's one company that managed to do it and for that they had to experiment on a wallet for some time.
You don't buy a hardware wallet so that if someone breaks into your home, finds it and steals it, cannot send it across the world to a company that knows a way how to break into it, but to have your bitcoins offline, so that nobody can take them without you being able to prevent that and you do it by having a seed phrase and being able to recover the wallet and move your money.
If someone has the ability and the time to go through my whole house looking for my hardware wallet, I think I'll have bigger problems to worry about than the fact that some company can break into it given enough time.

Also, the next trezor that comes out will probably take that into consideration and be more secure. That's how this process works. There are people who design security procedures and people who test them out.

It's tough to claim that Bitcoin is secure because there are still many cases where people have had their Bitcoin stolen. And honestly, in this digital age, it feels like nothing is entirely safe online. Cybersecurity companies are always playing catch-up with hackers who keep getting smarter. All we can do is protect our assets as best we can, right?

If you say it like this, it means that everyone can conclude that it is actually not a safe place to store Bitcoin. Not Bitcoin directly, so it would be wrong if someone claimed that Bitcoin is not safe, even though the Bitcoin keeper himself is still quite negligent in guarding the place where he stores the number of Bitcoins he already owns. So if you think it's not completely safe for reasons of being online, how can you protect your assets as best as possible if you yourself are still unsure about it?

Bitcoin by design IS secure. The problem is not the core Blockchain protocol, but rather the person using the blockchain. Most people keep their coins at centralized exchanges which are subject to failure. Others might use non-custodial wallets and/or decentralized exchanges, but they easily get hacked because they don't secure their private keys and/or seeds properly.

It's all a matter of self-responsibility. If you follow the necessary security guidelines, no one will be able to gain unauthorized access to your coins. I've said this many times already. Hopefully, Bitcoin remains secure and reliable enough for generations. :)

Yes it can! Every crypto currency institution or wallet addresses makes available certain security phrase which advices you to keep it private. So if you share this information there’s every possibility your coin can be stolen.

Yes if they could access our wallet then they could steal what's inside it.
There has been so many case about crypto currency hacking, even trading sites got hack from the past and lost some of their customers crypto.

Bitcoin could be stolen if they have access to where it is stored, hope you know that bitcoin is actually stored on a location in the blockchain and your seed phrase can be seen as the passcode to that unknown location, so anyone who has access to it can actually move your bitcoin to another location unknown to you, i don't if i explained this the right way, but the point Is if you are careless with your seed phrase then your done.

You have some valid points there, Bitcoin is not what we operate offline, and as a matter of fact, we operate it online and has to do with gadgets at the same time, so the risks are there. The internet we use for it could corrupt, and so is the gadget we use for it, which makes it susceptible to attacks and could be stolen for this. We hear cases of Bitcoin and other crypto asset loss, this could be due to the carelessness of the owner, but at times, it is not about being careful or not, it's all about the smartness of the stealers or hackers as the case may be. Some people can be a target, and no matter how smart and careful you think you are, they will still get you and steal the crypto asset.

This can only explain how companies are being dealt with in this regard causing millions of dollars worth of crypto assets stolen from them. The recent advancement in technological information has also made us realise that even the hardwallet that people thought was immune to hacking and crypto heists could be hacked. But this should not discourage us from owning our Bitcoin, we should only do our part diligently to keep our coin and leave the rest to fate. We should also not be careless with our passcodes, including the seed phrases. It's also worth knowing that storing the seed phrases offline is the best-known method.