Bitcoin Forum

I have read some painful stories online about Bitcoin fans that lost their Bitcoin to hacks more than once and how they gave up because of the hacks, this made me curious about people on the forum, I will like to ask you guys how many times you have lost Bitcoin to hacks or your own mistakes, and why are you still not giving up.

Can you keep buying bitcoin if you have already get hacked like twice or more in the past?

Like a story about an American who lost his love for Bitcoin because of the hacks, I believe it's because of his own carelessness though, because you can't leave your wallet on a bench outside your home and not expect someone to steal it, and you come out and say your wallet was stolen by a thief, like what do expect?

What advice is worth passing out to people who have lost their Bitcoin more than once and are on the hedge of giving up?

If what they lost is not their whole life savings and they won't able to work or do anything to get new capital to buy bitcoin again, it's fine, they can restart their investment journey again.

So let's return to a famous saying "Only invest what you can afford to lose!"

Before restarting, they must spend time to think of their past mistakes, learn more, find advice from technical experts or good free resources, and improve their practice with bitcoin, from storage to broadcast transactions.

Read to learn and avoid hacks.

• Reminder: do not keep your money in online accounts (https://bitcointalk.org/index.php?topic=5421039.0)
• Security checklist (https://chainsec.io/checklist/)
• Recommended wallets (https://www.lopp.net/bitcoin-information/recommended-wallets.html)
• Bitcoin security and resources (https://www.lopp.net/bitcoin-information/security.html)
• WARNING when using mobile device wallets (Android, iOS) (https://bitcointalk.org/index.php?topic=5461656.0)
• The paranoid user's security guide for using Electrum safely. (https://bitcointalk.org/index.php?topic=5456886.0)
• [GUIDE] How to Safely Download and Verify Electrum (https://bitcointalk.org/index.php?topic=5240594.0)
• How to lose your Bitcoins with CTRL-C CTRL-V (https://bitcointalk.org/index.php?topic=5190776.0)

Are they too much to read?   :D

I don't know how it feels to be hacked since I haven't actually experienced it before. but I did lose some money to scammers once. These situations aren't something we plan for or want. Sometimes, when we're too cautious, we can still fall for scams because we overlook ways to stay safe. If you've been hacked once, it can teach you how to protect your assets better. Don't give up on buying Bitcoin just because you had one bad experience. If it happens again, it means you need to be more careful. Keep trying, learn from your experiences, and find new ways to stay secure. Getting hacked is not good, but don't abandon your Bitcoin dreams just because you faced setbacks.

they surely got hacked because of their own lack of knowledge, carelessness, and not willing to learn how to store crypto safely. if they got hacked first time then they need to learn about crypto and technology more so they can be saved from upcoming hacks.

investing in bitcoin is not leaving your wallet on bench, it is like keeping wallet in teared pocket without knowing about it (which in this case is lack of knowledge about online security and privacy)

they lost their bitcoins because of their own mistake, they should not give up on investing in bitcoin and trusting in bitcoin, it all about their lack of knowledge of security and technology.

Although bitcoin being hacked is largely the investor's fault as well as the guy in your story. I think he also knows that the reason he lost bitcoin many times was his fault, not bitcoin's fault. I would support him in giving up investing in bitcoin, simply because bitcoin is not right for him no matter how hard he tries. I will respect their decision rather than continue to give them advice because if they continue to get hacked then we are not responsible for them. They are insiders, they understand everything better than outsiders like us.

I never experienced my wallet being hacked by hackers but my advice to those who have lost their Bitcoin more than once is to learn from their mistakes and we can teach them some security practices like avoiding phishing or any sites with full of popup ads and encourage them to use a hardware wallet or make an offline wallet. Having a hardware wallet or offline wallet is far from hacking unless they made a mistake like I said they should avoid accessing phishing sites or any sites with full of popup ads.

Hacking your bitcoin more than twice is not normal for me, it is negligence and not learning from the wrong done. If we value Bitcoin a lot, even if we made a mistake the first time it was hacked, of course the next time we won't let it happen again. Now, how are we going to do this? Of course, we will find out what we should do to prevent our bitcoin from being hacked, and one good example for this matter is that we must save our private key or seed in a secure place. We will be more careful, and we will not repeat what we did when the bitcoin we had before was hacked. We must learn from our mistakes and take them as a lesson.

Getting hacked is much easier nowadays if you are just an average Joe. If you visit a random website and click on random links that you never know if it contains trojan, getting hacked is easier for you. Sometimes, common sense helps as well. You have to use your brain to understand what are you trying to do and why are you doing it. People get hacked in multiple ways. Phishing is one of them, and I consider people the dumbest people who fall for phishing. Hackers offer some extra features or bonuses to use some specific wallet or software. People download them without verifying them and then they lose their money. If you like to hold your Bitcoins, why use a regular device to store it? Get an hardware wallet and never fall for phishing. Do not store your seed phrase online and you are good to go.

Wallet hack, stolen of hardware wallet and any carelessness may not comes from a member over here as because this forum is a place of thought and a place to follow principle and instructions. Believe me or not, I barely have any bad record of  any reputable member losing access to their wallet or had mistakenly sent out BTC to another person. And even if that happens I don't think it is of recent, so I can specifically say those who undergo this incident are people who are too careless and have refused to take precautions about their account and wallet security seriously.

Well if it's about Bitcoin, I have never experienced being hacked my wallet which contains important funds such Bitcoin since I am aware of scams and hackers from my past experience. It's not Bitcoin like ETH or any other altcoins since I am trying other things to invest like in the NFT, I've noticed I have an NFT which what we called "airdrop" and I thought it was free and I carelessly clicked it which caused to my funds get drained.

 So from that experienced, which I applied to my wallets that have Bitcoin. My tips is to never leave important information in your computer for the hackers to get accessed from it, they might explore it but they couldn't get anything from it since they don't have the key. Plus don't just connect to a free WIFI cause there's a case in the PH, where it contains virus.

I have never been hacked or scammed before so of course I can't 100% say I know how frustrating it must feel. However, just the idea of losing hard-earned money that you are hoping to invest and make a profit from surely is a terrible circumstance that no one wants to be in. If I am put in such a situation and I know that Bitcoin investment will still give me a good channel to earn profit then I'd probably still buy Bitcoins, but I also need to ensure that I have learned from what had happened and secure my wallet more. For example, if I know that my wallet security isn't the best then I'll do proper research on how to secure it better, I will also ensure that I am not downloading anything that is giving me access to hackers to get my money. Essentially, the only advice to give from people who have experienced such a thing is to learn from their mistakes and do something about it.

I have lost my Bitcoin for one time but I haven't lost it because of hackers or any vulnerability in my system but I lost it because I was new in the world of Bitcoin and I really didn't know how to protect my wallet or how to keep my private key safe. I lost my private key and pass phrase and that was the main reason for losing up my Bitcoin. After that loss I learned about Bitcoin deeply and now that I'm into it with 100% then there is no chance of giving up on it.


I will surely keep buying Bitcoin even if I get hacked twice or thrice due to my own carelessness, but I'm sure that I won't lose my Bitcoin because I will keep them in a cold wallet and that one will never be connected to internet for decades.


I don't really know much about that American who lost his love for Bitcoin because of his own carelessness. But, yes anyone who isn't aware of the security measures will always be hacked by malicious people. If someone leaves his/her wallet outside of his/her home then surely the thieves will steal that wallet with ease. It's always better to be careful when handling your Bitcoin because sometimes we don't give proper time to learning and invest into an asset only to earn profits.


The only advice that is worth passing out to those people who have lost their Bitcoin for many times is to learn about Bitcoin and its security. Learn about wallets in depth and never ever trust anyone else when it comes to your private keys and passphrases. Also never share your wallet address or details with others just for the sake of fame because sometimes you don't know who is your well wisher and who is your enemy.

It definitely depends on the person, before ditching an advice on how one should safeguard there coins if they lost it you probably need to ask them how they first of all lost it, because some advice seems like you’re just wasting your precious time.

Imagine someone losing funds repeatedly on non-custodian wallets or exchange simply because they can’t be there own back and trust others with there funds than keeping it themselves and when the keys were compromised they blame it on bitcoin and even if you tell them why it is bad they do that they tell they can hide the keys or seeds by them selves then you can’t simply help this kind of people.

Another set of people who in my perspective can be taught how to safeguard there funds could be total newbies that probably lost it to hacks due to connecting there wallets online while participating in airdrops or ones that stores their coin on devices that are not airgapped. This set of individuals can be educated on how to protect their keys and why they need to stop connecting their wallets to online sites.

Another set of people could be people that actually entice criminals or hackers towards themselves by flaunting their cryptocurrency assets online. This set of people could easily be targeted and could get their wallets hacked, so the advice to them is to remain anonymous as hard as possible.

Lastly to everyone be wary of the kind of keyboard you use because one of the ways to get one’s wallet hacked which people don’t pay much attention to is through clipboard malware

I haven’t lost bitcoin to a hack or other reasons before, and I always take my time to properly secure my wallet, when holding my bitcoin. I do take my time to learn about wallet security. I know how painful it is to lose bitcoin, but some people that lose their bitcoin didn’t properly learn about wallet security before they decided to store it. Some of them stored their bitcoin in the wrong place, some of them used the wrong wallet when storing their bitcoin, and some of them didn’t properly secure their private key.

If I have been hacked like twice, then the next step that I will take is to figure out the cause of the hack, then find the possible ways in which the hack can be avoided in the future, then I will still have to go back to investing in bitcoin because losing money twice shouldn’t mean you should just give up, just look for a way to avoid further hacking or loss of bitcoin.

Some people lose their bitcoin due to carelessness. How will you leave your wallet outside? Most people know about bitcoin, and they know what bitcoin is really worth. How are you going to leave your wallet on a bench outside and think it won’t be stolen? That’s just carelessness, and I don’t think he should blame anyone for that, his carelessness caused the loss of the wallet.

Doesnt hearing individuals lose Bitcoin hurt your heart? The bottom line: security matters most. Consider being hacked a lesson, not a loss. Consider metal wallets for wallet security. They safeguard Bitcoins like digital safes. Its normal to feel depressed after losing Bitcoin multiple times. Remember that Bitcoin isn't broken. We may store it differently. Do research and join a Bitcoin group or community that shares security recommendations. Jumping back in is possible for those terrified. Make an informed decision after taking your time to study as much as possible. If you get up, it doesnt matter how many times you fall.

so far my bitcoin wallet has never been hacked, but if someone has their wallet hacked and they give up because of that, i can't say anything other than "don't regret it". they actually already know the potential of bitcoin, but maybe they are traumatized or because of other things they are reluctant to reinvest and that is completely their right, but if one day they see bitcoin pass its ATH and increase even more don't ever regret it and still on that.

What's there to give up? You can either recognize the advantages that Bitcoin and crypto offer and use that advantage to your benefit, or you dont't. Are you going to ask people whose email accounts are hacked if they will give up using email in the future?


Well, it would be foolish to keep buying bitcoin and putting it in your wallet if you haven't changed something about your wallet protection and security.


If someone has experienced multiple losses of their bitcoins due to hacks, it might be an indication that they're making big mistakes. I would recommend seeking advice from someone with more knowledge in the field.

The funny thing is, I moved towards Bitcoin after getting hacked. I got hacked for $350+ in an altcoin staking platform. There were other incidents like wallet hacking too but the amount wasn't that big. So those are not important to me. But the thing that I was talking about. I moved towards Bitcoin after that hacking event. I read some posts on this forum regarding how to keep your assets safe and make good use of them. Now I can proudly say that I have never been hacked after that.

So you are the one who keeps your privacy and assets safe. If you use the right tools and follow the strategy on how to keep your assets safe, you will never get hacked the way you got hacked before. But there will still be some probability. You can minimize those risks too.

And to answer your question, invest what you can afford to lose. If those people have done just that, then sure, they will be able to invest again. Because losing those amounts shouldn't hurt their daily life right? They can just do it again. So yeah, they could, I could, and everyone who follows this strategy.

I would not give any. In these money matters, which are usually so sensitive, if you give advice and they follow it and it goes badly, they will blame you and if it goes well they will think they (they) were right to do that. This is true for investments as well as for avoiding hacks and other things like that.

If this happens to you, it is normal that you learn and nowadays with the internet you have many tools to inform yourself. I would only give advice to someone I trust and who asks me for advice.


After the first time you should have learned without having to ask anyone, with the internet, that to avoid a hack, it is best to buy a HW and save the seeds safely (offline of course). If it happened a second time, I have little hope for him, I would apply the above.

Rule is simple; you won't be hacked if you won't give them the slightest chance to have access into your investments. If it is that important then you should take extra precautionary measures on it. If you are using hardware wallets then put it into a safe place as well as its private keys. If you are using online wallets, then avoid engaging to sites which are sketchy or unsecured. And with your device, avoid downloading things from the internet which might contain malwares. These are common solutions but it saved me from the risk of getting hacked for years of being in this industry. I never want to blame rhe victims but if you don't want to experience such problem, then start it with yourself.

For sure you'd get the same response with people who are here for years as well.

It's really depend on how much the money you lose, if your monthly wage is $1,000 and you get scammed investing in Bitcoin that worth for $100-$1,000, you will not quit because you will get such amount in the next month. But what if you get scammed higher than $100,000? you will be traumatized and scared to start invest in Bitcoin. Rather than asking an advice, ask yourself: do you think you will able to accept this and start from 0?

Anything that transpired which makes you to loose your asset is mainly your fault, you have your digital currency with you and they belong to you, no one is forcing you to use a centralized exchange, hot wallet, or render your private keys vulnerable for others to sneak in and use against you, no one invites you to make unnecessary downloads or clicking on malicious links, everything that happens was as a result of our attitude in handling our assets, we cannot blame anyone than ourselves if anything ugly should happen, there are people also in cryptocurrency who had never had an experience of such over the years, then why should ours be different.


If they think they have learnt enough to remain security vibrant and know as many as possible tactics they may steal from the, but if you aren't yet sure in knowing the cause of your first experience, then don't try invest again till you know, if not what happened the first time will repeat itself.

I haven't been a victim to hackers or lost my bitcoin due to my carelessness. What I want to say to those that are victims to hackers,is that they should learn from their mistakes which led to the hack and also they should learn and practice wallet security to enable them safeguard their Bitcoin from hackers.

Those victims shouldn't give up because,the downfall of a man is not the end of his life,and they should start all over again to start a new bitcoin journey and take maximum precautions on wallet safety. It is only if the person is old and don't have any income that it will be fustrating. As long as there is life,there is hope. Don't be greedy because this can also lead to your hack.

Bitcoin gets hacked due to some carelessness, so everyone should be careful. I always take precautions so never faced hacking. But if ever bitcoins get hacked from my wallet I will try to buy bitcoins again. Because if Bitcoin gets hacked I have myself to blame for my carelessness. I will try to buy bitcoin again with caution.
The reason for those whose bitcoins have been hacked is due to their carelessness or lack of proper understanding of bitcoins. Most people who have had their bitcoins hacked know what they did wrong. Some of the reasons for wallet hacking are, entering the link given by hackers without understanding, connecting the wallet to any side, hackers adopt various tricks, many people step into hacker's tricks without understanding, due to which the wallet gets hacked. Now if the person whose bitcoin has been hacked still wants to invest in bitcoin again. If he doesn't have a proper understanding of Bitcoin, he should get a better understanding of Bitcoin.

I have not experienced a bitcoin hack before, but even if I do, it could only break me down for a couple of days, weeks, or months, depending on how much is involved. But giving up is actually one of the worst mistakes that one could make, as such a decision has close to every chance that you could have gotten from recovering or gaining the few funds that you have lost during the hack.
 
When one experiences any form of hack, the first thing I should think of is discovering the means that were used to penetrate my wallet so that I can block that access to prevent that from happening again in the future, and after that, I can think of ways of accumulating back what I have lost.
 
One of the things that I can use to encourage myself to get back those BTC that I have lost (getting them back doesn't mean recovering them, but buying them back) is that if I lose money because of some form of scam or by my own mistake, will that stop me from making more money and adding to my savings or wealth? No, the same way I can't feel discouraged with lost funds, I can't discourage myself from stopping to invest in bitcoin because of some sort of hack.

if i may add, if you are into crypto, better not to disclose in public or in any of your social media channels about your dealings with crypto. because the truth is, you don't know who is lurking around to find their next victim. so if you are loud with what you are doing with crypto, then, expect that some fraudsters will be after you. and when it comes to security of your own wallet, be aware of what you are doing online. there are so many phishing links out there.
and if you've been hacked already, then, learn from your shortcomings, why such hacking happened in the first place.

My BTC were never hacked and I do not want them to be. But for a second, if they got stolen then I do not know what I will do other than just regretting. But of course, we can not ignore the fact that, behind every hack, there is our own mistake that has led the hackers into our computer. For example, there is a local community member on our local board who lost more than $ 1,000 dollars just because he used an application downloaded from the website (getintopc). We all know, GIP is a website where we can find cracked software. According to him, he lost money but he accepted his fate and still stood up and did not lose hope. Because losing hope is not the answer to those hackers.

I have a great topic to show or emphasize the fact that keeping hope is all we need. Re: Owner of 8K bitcoin lost in landfill threatens to bankrupt local council (https://bitcointalk.org/index.php?topic=5466277.msg62825048#msg62825048)

If you read this thread you will find that James who lost BTC back in 2013, is still hoping to find those BTC and making efforts and also spending money to win a lawsuit against CC. The point is, Hope is the only factor that drives others against such incidents. We should remain vigilant to all types of scams that are currently ongoing in the market then we might save ourselves from them.

Those who have lost their BTC, I have only one piece of advice to them, which is: "Do not lose hope and be active and do not give up on BTC and crypto because we all lose something in our life but still we move on and make our livings on the same things then why giving up on BTC".

When those who lose their Bitcoins realize it was their own fault that resulted in their Bitcoin wallet being hacked, I don't think they need advice. after losing, they will definitely have the attitude to be more careful in storing or using their wallet.
but on the other hand, there will be those who lose the Bitcoin they have but don't realize their mistake but instead blame the wallet security system or think that Bitcoin is not safe and easy to hack.

Your analogy is spot on, and if you want to advise those who lost due to the hacking of their Bitcoin wallets. You can use your analogy to make them aware to be more careful when using a wallet for transactions or just connecting a wallet.

My advice maybe brutal, but I am still going to say it regardless, the sure thing here is that, Bitcoin will continue to grow and gain adoption with or without them, like it or not, it's the painful truth, if anyone lost Bitcoin through a hack, they should learn from it and better secure their Bitcoin investment as they buy in again, giving up is rather not the way to go..

Regardless of the fact one lost Bitcoin, that does not take away the opportunities still present in Bitcoin, I myself have lost Bitcoin through exchange hacks, which is clearly not my fault, and then, ive also lost several altcoins through phishing and other vices which I blame myself entirely, but then , I am still here, never giving up, Bitcoin have changed my life more than I ever imagines, giving up because of a hack will rather make me lost far greater opportunities , so I did rather learn from what ever caused the hack, and try not to make same mistake again, than give up totally ..

In an infinite race, who ever falls and refuse to stand up and keep running is the loser .

I think I lost once but it was my mistake because I do not activate the 2fa on my exchange account.  I do not give up because mistakes can be fixed by learning methods that will enable us to not repeat the same mistake again.


Bitcoin has nothing to do with the hacks, it is my own fault that I experienced it so I guess I would learn the method of securing my Bitcoin wallet first before diving to Bitcoin investment again.



I would advise them to give time to study on how to safely secure a wallet and how to avoid being infected by malware.  It is their laziness that they do not learn the best way to secure a wallet that led to their Bitcoin hack

Most of the people who got hacked were also the ones who put themselves in the situation of hacking. For example, people would start clicking random e-mail requests from various users and they would also invest in ponzi-schemes in which this increases their chance of getting hacked.

While I do understand that some of these people are newbies to begin with, they should at least be more extra careful especially when they are dealing with this kind of tricks that is somehow obvious to the eye.


Better be safe than sorry- always doubt random links that are being sent. If someone adds you on their profile, be doubtful and think of being defensive to prevent any kind of scam or whatsoever.

If you lost your bitcoin more than once to Hackers, you did not learn the lesson first on keeping your bitcoins safe, that is why it repeated itself and happened again.

If you were not a member of the forum when you first lost your bitcoins, and now you are a member, you should try to use the search options to search for similar cases like yours, and see the safety procedures to prevent a repeat that was shared. If there is no case like your own, and your issue is peculiar,

If you were a member of this forum when you got hacked, it means you refused learning from the experience of other people in the forum who were victims before.

As an investor and someone practicing self custody, it is also your responsibility to learn how to keep your investment safe.

Actually in this case giving hard advice is also a little useless because we have to have compassion and indeed this should be a lesson that don't feel safe when you are in sensitive things like this because it could be that the bitcoins that we collect in portopolio eventually disappear not left because of the actions of some irresponsible people.
That's if it happens only once but it would be very stupid if it was exposed to something like this several times.
My point is whether he does not learn from mistakes and this is not something that should be advised when hacking occurs several times to the same person but he does not learn and always does negligence again and again with the portopolio he has.
Try to start valuing what is yours because regardless of how much or little it is, when it is taken by someone else, regret is the only thing that will be done.

Till now I have not been hacked and I am really happy about that. And if I am not got hacked then I doubt if I can give a legit or 100% accurate answer to your query of why we still not giving up. But using my common sense I can say one thing for sure. That is those who have lost or hacked in BTC just like the recent hack attempt by using the Vitalik's Twitter account which has made people lose their more than 601k dollars. Those people must be discouraged now and most of them must have unfollowed the Vitalik too. But the thing that keeps them hopeful is the flow and incoming of money.

Crypto has made people unexpected money that's why people now do not want to give up on something that would make them financially free. The answers to this hope query will be different depending on the person who, how gets into crypto. Let's say one who get into crypto because he saw someone else making money out of it. If he got scammed then he would curse the whole digital financial system.

We should encourage others financially and mentally too so that they remain hopeful and don't make dumb decisions.

Owing Bitcoin is one thing but its security is a very important thing, I have not experienced a hack before but I know how painful it can be for one to get raked of their funds.

The issue with these guys that lost their Bitcoin is not with Buying Bitcoin, but rather the issue of keeping it safe. Many people have invested in Bitcoin but have failed to learn about its security and as a result lost everything to this hackers.

Never give up rather learn from the mistake and learn to keep cryptos safe, by protecting and not exposing your seed phrases,  and ensure making use of secure wallets to store your funds.

According to my opinion, those who are losing their bitcoin don't know how to keep their money safe; as you said, we can't leave our wallets unattended and assume nothing will happen. As of right now, I haven't started buying any Bitcoin because I don't have any money to begin investing in order to understand what these people are dealing with; however, if I were one of those people and lost my bitcoin for the first time, I would learn from my mistake. I will continue to study more about bitcoin and how to keep my money safe because giving up is not an option in this life; after all, it is said that there is no gain without suffering. I am confident that individuals who lost their bitcoin will definitely learn lessons from their mistakes, but quitting is not an option.

My advice is to continue learning more about bitcoin. The learning doesn't stop if you knew how to buy and hold bitcoin, trade bitcoin with other crypto, knew how to read TAs and understand the fundamentals. Some people always overlook on learning how to secure their bitcoin, forgetting about the people lurking around waiting for an opportunity to steal it from your wallet. That's the one thing most new investors are lacking with their queries. They tend to ask what asset is good to hold and how they are able to purchase with lower fees, but forgot to ask how to store it all that assets safe.
I personally did not experience being hacked or scammed crypto or non crypto related, because being aware of these frauds is a part of my continues learning.

I haven't encountered such a situation yet. Though I lost from trading or holding, I never lost to hackers. But yeah, at the beginning, I lost to Ponzi when I wasn't aware of what Ponzi was and how it worked. When I learn, I never fall into any kind of scam trap. I am very careful with my funds, especially with seed phrases and devices. At least I am not going to fall into any scamming or hacking traps. However, if anyone faces such an issue and loses multiple times, Then he should learn from his past mistakes and rebuild slowly instead of giving up.

If the amount is significant or something that could be able to bought things that you do like but you haven't just because you do tend to save it up for future bull runs and then it had been stolen? Then for sure you would really be having those thoughts on quitting and turning your back into Bitcoin.. Speaking about on what we should tell? Its better leave them alone and there's no way that you could really be able to turn them back on bitcoin again or with crypto because having that kind of situation is really a total wreckage or devastation with their money and since people does have that different kind of threshold when it comes to things then
its not shocking that there would be ones who would really be that quitting completely and would never ever go back no matter what convincing you would really be doing. This is why one of the most important thing that you should really be doing is on how you would really be that keeping your money safe, always be mindful about the safety of your wallet and its keys because once these things are exposed then your money is really that
prone on getting stolen.

Goodness gracious didn't happen to me and not even waiting for it.

Of course, it doesn't stop someone from buying not unless you also have lost your will and desire to buy it.

Usually the problem is on them and the negligence should they be accounted for. But for some stories that you may see, they are not going to admit it that they've been negligent.

Actually it's hard to advise if they've lost their will to keep going on this market. But maybe just the typical motivation so that you don't play out their emotions as well.

The most important point here is that stock exchanges or brokerage firms do what is necessary to protect their investors. For example, creating funds for hack-like situations and delivering these funds to institutions that will ensure that they reach investors when negative situations arise. Similar studies to protect investors should be carried out and made mandatory. Otherwise, a stock exchange will be hacked and the investor will be victimized and cannot access his money.

We must also follow the security steps you must take personally. However, even if you do everything perfectly on the internet, we cannot say that we are fully protected.

People can get hacked into everything online. Emails, messages, videos, photos, etc. So if a person feels because of the hacks you cannot buy or own Bitcoin then the person is not ready.
There are other accounts on your phone. Your bank account is on your phone together with other payment systems which can all get hacked if you're not careful.
Getting hacked shouldn't be a reason to discourage you if you know why you want to. It should be like a lesson.

Take your privacy and security seriously. Most people just read stuff about security but as too lazy or nonchalant to carry those instructions out. They have the "it won't happen to me attitude".
It can happen to anyone that doesn't take his security seriously.

I won't advise anyone who's been hacked before to try Bitcoin again so I don't feel partly responsible when shit happens again, but if he still wants to try again, I'll tell him to take the privacy and security tips very seriously and also be on the lookout for updated security tips because hacker and scammers are getting pretty innovative too.

zero


lost a small sum to an ICO scam


because it was a small loss



"fool me once, shame on you; fool me twice, shame on me". There's a high chance that such person will get hacked a third time, because they clearly failed to learn from the first time. It's best for them to stay away from Bitcoin, it's not like this is the only investment option in the world.

It depends on your source of income because if it happens again and you don't have any alternatives to fill your essential needs because you lost that money once again, it would be a disaster and my advice is to keep it slow and surely by acquiring more knowledge on how to prevent yourself from getting hack and just invest a little amount of money from your salary until you will become expert on keeping your bitcoins safe and secured.

I think for those that have lost small amounts, it's still a horrifying experience that they have never experienced so it's just the same thing that I'll say even for those that have been hacked with huge amounts.

As long as you live, there's hope.

Yes, we hear this a lot but that's a true statement. It's not the end of the world and you can always start but a lesson has been already taught to them that they need to be wiser in keeping their wallet and making themselves vulnerable from hacks through how they browse the internet.

As long as I have been investing in Bitcoin and trading here, I have never experienced a major hack. But I sent some fraction of my bitcoin amount to wrong address but till now I didn't encounter any scammer. As much as I trade carefully, I stay away from fraudsters and take enough precautions to prevent any fraudsters from hacking my wallet. However, even though I have encountered fraudsters investing in bitcoins and lost half of my wallets after being hacked, in the future. Then I will definitely buy bitcoins again later with my earnings and try to hold on to them. In my case, if I buy bitcoins, and they get hacked, then I must change my mindset later on to buy more bitcoins and invest cautiously in the future.

There is no advice in this case other than they need to add more knowledge, lack of knowledge is the cause of all problems. Instead of advising them to quickly buy back the lost bitcoins, I advise him to supplement his knowledge about security and how to store bitcoins before intending to buy back bitcoins.

But to be honest, losing bitcoin once is understandable, but if someone loses multiple times or more then it is really a big problem. If they still cannot fix that, then they should not continue to invest in bitcoin.

I have to admit that I have been hacked once and that's something blessing in disguise. That event told me that Bitcoin is something that can be taken away from you and there is no way to recover it, like we have a system in Banks. That incident made me take necessary actions to protect my Bitcoins and till now I am safe. I have been hacked once but I won't let anyone do it second time.

I guess most of us made this wrong address mistake at some point. I guess I did this a while ago and ver recently, I was confused with the chain. I was trying to withdraw USDT to a TRC-20 chain while I selected the ERC-20 chain. Apart from the wrong address by mistakes, I wasn't targeted by hackers yet. I guess most of us already know about the clipboard hack as well. If someone's device or browser get hacked, if victim try to copy a address to send funds, a different address get copied and the victim send the fund to hackers address. Which is why crypto users need to double check the address before sending the funds.

In this environment we can discuss more openly, not only bitcoin but also altcoins are things that hackers target to target the objects within it. I have also experienced a few attacks and damage to my wallet, but what I learned was more about my own mistakes during use to recover later.

New people appear in this market and they pay little attention to security as well as easily fall into traps in cyberspace, sometimes warnings appear a lot but ignoring them makes them pay the price. In the process of continuing, before these challenges I think it is a failure, because it is clear that this is an opportunity that not everyone is aware of, so we should update and adapt to changes in the process.

It will take them more time to rekindle their love for Bitcoin, at least until they realize that the fault lies within themselves, not with Bitcoin. We all agree that Bitcoin has never harmed us, even if it comes in the form of volatility, but I believe that's one of Bitcoin's characteristics whose consequences should be understood from the outset.

Imparting some lessons to prevent them from repeating past mistakes might make them think twice about leaving Bitcoin.

Give straight-to-the-point advice.  They must learn first the basic security of the internet, like identifying scams or hacks. Basic security, I believe every one of us can learn that. Because even how much money you have and you can't protect it even in basic safety precaution, it will be not safe.

In this world, there are various people who cannot be patient when something bad happens to them; instead, they will take action. For example, when someone loses Bitcoin to hackers, it might be a close relative who knows specifics about your wallet or you do not safeguard your wallet account. Even if they hack my wallet, I will continue to buy Bitcoin because everything you do is a test, and you will learn from your mistakes. It will be difficult for someone to lose his Bitcoin twice, and if you lose your Bitcoin twice, I believe you do not secure your wallet well. Because without sufficient security, a hacker can easily gain access to your Bitcoin.

Giving up is not the solution than to learn lesson from the past mistakes you made, and do everything possible within your capacity not to allow such hackers to have access to your wallet anymore. Saving your seeds phrase inside your phone or computer is not advisable for Bitcoin users because is the easiest way anybody can steal your money without your permission from your wallet, because all they need to have access to your wallet are inside your phone or computer. I will advise you to write the seeds phrase down and keep them in a place where nobody can have access apart from you alone, which is the best way to secure your Bitcoin in your wallet for future use.

I have not experience this situation yet. But if you're an investor and had an experienced of your wallet got hacked twice or more before, you'll question yourself right? What's lacking, on why you keep experiencing this? Hacking is traumatizing especially if the money involved is huge. So it's understandable if this can cause an investor to quit. Well, for me I will still buy because the problem is not Bitcoin itself but my negligence.

In every mistake we learned a lesson. So take the past experiences as guide to not repeat the same mistakes again. Be extra careful and do your research on how to keep your Bitcoin safe.

I read your post and what is get from this is that the person who has lost their Bitcoin wallet same as in the story several times or been hacked again and again is to give up on investing in Bitcoin, because you can't give advice to the person to invest in bitcoin again as they are careless and loss or get hacked again and again because of their own stupidity or carelessness. To stay safe from hackers you need to buy a hardware or offline wallet which is the best and safest for you but also you need to take serious care of your wallet to not let everywhere like in the story who leaves his wallet outside his home.

You can't convince everyone to keep running the same track, it's a personal choice. The money involved makes a mark on their mind that nothing can heal at all. The ones who know how to secure their wallets and keeping their devices safe will be able to avoid such thing but those who can't will have difficulty learning them fresh.

Keep in mind that it is their hard earned money that we are discussing about, not money obtained from illegal sources. So it's normal to be emotional about it.

Hence I would not bother about this, rather they have to learn cybersecurity basics first.

I have never lost any Bitcoins/crypto due to being hacked. I can't guarantee that my PC won't get hacked in the future.
I don't know what's the feeling of losing big amounts of BTC just because your computer was hacked. It probably sucks.
Nobody is 100% safe online, but the big difference is the crypto transactions being irreversible. If somebody hacks your bank account, you just call the bank and the bank might refund your money(after they conduct an investigation). If your BTC/crypto wallet gets hacked, your coins are lost forever. Maybe that's why the victims of crypto scams and hacks get disappointed of Bitcoin.

First off, I've never been hacked, and I didn't pray to got hack because it's painful. If you've been saving bitcoin for a while and it gets stolen, it's like losing something important in your life since you won't be able to feel good for a few days. And based on the account you give, I believe the individual was reckless, which is why they broke into his wallet, As someone who keeps bitcoin in a wallet, you must secure it thoroughly and exercise good judgement so that, in the event that something were to happen to it, you would be aware of it. If you don't divulge your private key or wallet password to anyone, I don't believe that anyone could easily gain access to your wallet.

I want everyone to understand that even con artists look for an opening before they take advantage of someone. They will research you and start from there if they discover that you have a weak wallet security habit. This is the reason why some people are reluctant to engage in any investment-related activities, including those involving bitcoin and other cryptocurrencies, as they believe such activities to be insecure and at risk of being hacked by con artists. Therefore, I advise everyone to exercise caution and take great care to secure their wallets, as doing so will prevent others from changing their minds about investing in bitcoin if someone gets hacked and then loses interest in it.

We shouldn't give up because of mistakes that happened in the past, if we lost Bitcoin to hack, it wasn't the fault of Bitcoin but our fault and it's not because we did it knowingly but due to we not having the right updates. When I lost Bitcoin to hack was when I had Bitcoin stor e in an exchange, during that period I didn't know it was a bad step to keep Bitcoin on exchanges, I thought it would be safer been there but I lost my Bitcoin although it wasn't a very large amount.

That experience didn't make me stop investing in Bitcoin but it made me to be more careful of where I keep my Bitcoin. If we give up because of mistakes we made in the past then we'll regret it in the future when other individuals make profits from Bitcoin but we don't.

It is not easy to change the mindset of someone to embrace bitcoin back again after being hacked by severally by hackers.  The reason things like this happens continuously is because things are not been done properly. For hackers or scammers to succeed in getting someone that means the person is careless in the manner in which data's of the wallet are been handled.  So the first thing to do before  giving advice to the person is to know how the person handles security aspects of the wallet,  and give more knowledge on how things should be done ,with this the person can see reason to come back again.

Such as analyzing how the person manages their security, organizes their wallet, and keeps their private keys.
Because many people are always worried about the security of their accounts or wallets but do not pay special attention to wallet security.

Seeing this phenomenon, I was reminded of an incident experienced by my good friend when he lost several coins worth thousands of dollars from his wallet not just in one wallet, but several wallets that he had.

Trying to ask and review what was going on, my friend did not apply good security for the devices used.
Not using double protection from antivirus, and often Configuring wallets with new DApps.

Some of the activities carried out are one of the gaps for malware to enter and he also sold some random tokens sent by unknown addresses, this is a way for scammers to drain the contents of the target's wallet.

You know something happens due to negligence. There are things we don’t suppose to play with sometimes in this investment, but we take them as minor things, and that is why some people lost their bitcoin due to hackers. Another thing is the knowledge of how to store your bitcoin in a safe place. If we have this knowledge of how we can store our bitcoin in a safe place and take good care of our privacy, which is the private key, I think there is nothing more than what I have said, and I believe our bitcoin will be saved.


I think this will depend on how someone lost his bitcoins. If you realise that it’s your mistake that your wallet got hacked and you don’t have anyone to blame, you will continue buying, if you wish, because for me, I have never been hacked before, and I don’t pray for such things because it is really painful when you have worked hard to get something stored and unfortunately, within some minutes, another person runs away with such things.

However, it will depend on someone's decision. If you think you will still continue to buy because you believe in the bitcoin future, then it's normal, but don’t advise anyone or convince them to make the decision themselves; it will be better if they do it themselves.


I can’t advise people like this; we are talking about money here, and I can’t advise someone or show him what to do with his or her money. I’ll only let him know ways in which, if he does such a thing, it won't happen to them again, and they will be the ones to decide for themselves.

If I were to get hacked, i think i might be off the market for a long time but it depends on the individual. I want to make sure that i take all the precautions before i get hacked and i try not to leave any evidence of vulnerability. When i see people whose Bitcoin wallet has been hacked and they didn't take precautions, i don't want to feel sorry for them when they get hacked again because they don't realize what they are doing.

There are various ways to protect your Bitcoin wallet and most of them are secure. It's all up to you and if you're careful enough and have taken precautions to avoid being hacked, you should feel comfortable. People can be fooled once and it can be remedied but if they are fooled a second time, they are fools. My most important advice is not to go online. If you have savings that you are afraid of losing, stay away from going online. Just when you think you have done everything carefully, your savings can vaporize.

It seems that there is deep trauma for someone who often becomes a victim of wallet hackers, so I think what you say is also true that we have to know how he looks after his wallet or how he uses his wallet. So we can find out where the mistakes he made were when he used his own wallet, because people who guard their wallets so well with better security practices I don't think will ever become victims of hackers repeatedly.

So, this is of course caused by errors in using his wallet so he can easily become a victim of wallet hackers and if this still happens to his new wallet, I think he needs to replace the new operating system that is sticky on his device. And after that it is also very important for him to receive advice and how to use the wallet from other experienced people like you said so that he has the will to return to using Bitcoin with a newer wallet.

Exposing your Bitcoin wallet to be hacked twice is something not funny. Your Bitcoin wallet is like a Bank vault, it should be guarded with utmost importance and should be your top secret.
It's more like exposing your financial activities for hackers to penetrate through.

Being a Bitcoin enthusiast, nothing will discouraged me from still investing in bitcoin even if I have previously lost it before ( though I'm sure, I'm not going to find myself in that kind of situation).

So for people that have lost their bitcoin before, I would advise they always protect their wallets details for hackers not to penetrate, they shouldn't keep themselves vulnerable for hackers. That way, I'm sure they will enjoy their Bitcoin investment in a long run.

Well, let's say I'm one of the few lucky people who haven't got hacked or lost Bitcoin through inappropriate ways, except investing wrongly.

It should be very simple – winners don't quit and quitters don't win. Those who lose and give up are the real failures but those who aren't deterred by their losses never failed.

But of course, I will. All I've to do is to find how I got hacked and all that. I've discovered that most people get hacked through malware they unknowingly download. So, it's important to be weary of links one downloads. Again, once you find in your wallet anything that looks like tokens but you didn't buy them; don't attempt o claim then. Ignore or delete them at once. That's what I do.

That is really the result of not being cautious  like installing unkonwn applications or clicking links in emails. You should be aware of the risk so that you will know how to prevent it, and you should also always have a security measure when it comes to accessing your wallet like having your seed phrase put inside a safe and not in your personal computer or having a hardware wallet and putting it somewhere safe.

Start clean, reset all your devices, create new emails, and create new accounts. All of the old traces should be gone. The password that you used before should be new. Use a long password that is hard to guess with a combination of special characters. This is what you need when you got hacked already and you want to purchase Bitcoin again.

You have a point here. No matter what we say or do it is normal for them to feel such emotions as they lost something, specifically money that they probably spent hours of hard work for and to just see it disappear is truly a traumatic incident for anyone. We cannot tell them what to feel, we cannot just push them to be okay because it is a lost for them and we (as much context as we can get) do not have any idea how much that affects them. Moreover, we cannot really just tell them to try again because we don't know their situation, we don't know if they'll be able to have the capital to invest or be in the right mindset to do so. As much as helping is a good deed, in situations such as this it is better to let them decided on what they will do next.

I would say that just let them give up, got hacked multiple times in a row, especially if the hacking method done to them is just the same, meaning that they never learn. For anyone who want to invest in Bitcoin or crypto are required to learn since it's a fairly new thing. I mean, the first hack should make them realize that they did something wrong and then fix that, for example if they save their fund in a custodial wallet then it got hacked, then they should move to a non-custodial wallet, or even better a cold wallet. But if they didn't and they got hacked then the best advice is just to give up, forget about Bitcoin, and find other types investment.

I have not lost money in Bitcoin through hack but I have lost huge some of money in several occasions trying to buy Bitcoin from a third-party. There were several restrictions in my country including access to forex for international transaction and even PayPal is limited. This left us with the only option of using third parties(people abroad or who have someone abroad) when we started using Bitcoin before I even heard about Luno and other exchanges.

On several occasions, they have refused sending me the Bitcoin after receiving my money. These are the dark days I had to endure because I really needed the opportunity that Bitcoin offers which is being able to send money across borders with ease and comfort. I never stopped or gave up on Bitcoin, I just picked myself up and moved on. Today I'm better informed on how to go about the entire thing so the chances of loosing money through those means is minimal. As for hack, I don't want to experience it at all because the experience is terrible. You all be safe out there!

I have heard many stories of people who have been hacked many times on this bitcoin. Because of the hack, some people have given up and moved on to other jobs. And there are some people who don't give up and stick to it. I haven't been to this forum for a long time. Been coming to this forum for a while now and I'm very lucky as I haven't come across any hacking so far.

Even if I get hacked here twice, I won't give up here. Every time I give up hope is lost here so I will always do my best not to get hacked here.

Hacks are mainly due to one's carelessness.  A person can never hack and take anything from him if he is careful. For this reason, wallet phase should always be kept in a safe place. Keep it in a place where no one but you can see it.

Giving up due to hacks? Something's wrong in here. Surely they could have already learned their lesson on the first hack they encountered. Once your wallet got hacked, it's either you would forever quit bitcoin or learn your lesson and find more 'secured' ways to store your Bitcoin.

I can even recall a reputated member here that got his wallet hacked that is used for SC payments, iirc. I would have given up in life at that point considering that 1 Bitcoin in here is hella worth a lot.

I am not sure what to advice to people that got their Bitcoin stolen more than twice, but I would just like to let them step back in a bit and check what could possibly lead to their coins being stolen? Seed phrase written in a e-document? Funds held in an exchange? There's plenty of ways that could make your BTC go poof instant.

I remember back in the day, i think it was 2016 or 2017 i lost my Coinomi private key while i reinstalling my personal computer, i was panic and feeling stressful all day thinking about it , Because i still have 0.57 Worth of bitcoin left on that wallet.

My personal advice is store your Private Key securely , maybe store it on Google Drive also help.

People can easily blame Bitcoin for their own mistakes that caused the hack, and this is because they don't understand how Bitcoin works, they don't know what's right and what's wrong about how to use a Bitcoin wallet.

I have lost some Bitcoin by using Coinomi and I learned that I revealed my private key somehow, Instead of blaming what I don't understand, I decided to go deep into Bitcoin and read more about how to keep my Bitcoin safe from stupid mistakes.

When something bad happens, the solution is not to give up and start spreading false news about it, try to understand what went wrong on your side first before accepting the fact that Bitcoin is the problem, it's only those that don't want to learn that give up and blame what they don't understand.

Knowledge before Investment/money. To minimize losing or wasting your money you need to be very knowledgeable person. Only the right kind of knowledge should be acquired. And the knowledge should be good. Good knowledge solves problems properly, without creating more problems. Bad ones have more disadvantages and little to zero advantages.
 Money given to knowledgeable people actually last longer than those given to the ignorants.

It's important to understand Bitcoin before investing in it. Bitcoin investment is safer if you invest according to the important principles it's built on. For example, better to use established Open-source/Transparent, decentralized/self-custody, offline wallets...on clean/airgap devices.  Enough knowledge should be acquired first before putting alot of money into Bitcoin or any good investment. .

Identify what you are doing wrongly and fix your actions next time. People can't expect that same actions will result in different consequences. That is usually the main issue in investments environment, as people fall for a scam once, due to being greedy, and instead of avoid such offers later, they persue another offers of the same kind, hoping it's going to be different next time. Another big issue is being careless with personal data which give access to the wallet, but it can be easily fixed by being organized with your documents, passwords and storing it inside a safe compartment unacessible to other people.

I've lost money through hack before but I did some research and I found out that it's my own fault, see, making mistakes is something, not learning from that mistake is another, if you make some mistakes twice then you are the problem.

I expect such people to learn from their mistakes, there must be something wrong somewhere, if your bitcoin wallet is hacked you need go abandoned the wallet and create a new one, then be more careful with the new one.

If you don't know what you are doing about crypto wallets it's better to learn first, try watching some videos or do some readings to understand crypto wallet very well

I remember the person that sent some Bitcoin with $500k, this is a very big mistake from the sender, if he doesn't learn what he did wrong, he will make another mistake again.

I have not been hack or experience any before but hack are preventable, you just need to prioritize security and privacy over minor things on the internet that you don't need. Let me share you my experience on how I downloaded malware on my pc when I was ones a video freeky heavy downloader and tweak software. I was actually searching for design software for my course of study, the ones available are too cost, so I was looking for alternative ones or cheaper and I stumbled upon one like that was free version. Unknown to me, the software contains a malware but I didn't know. After I installed it on my system, my laptop begin to restart on its own but I was thinking it was the operating system update as I barely use the PC but something miraculous happen that night when I copy one wallet address on the forum to check and verify one stake wallet address, it gave me another wallet address and at that point, I knew already that I have fucked with wrong software because I want something cheap.

Thess are the things you get when you don't prioritize privacy and security, the system was only for my design project. I format everything and install another operating system but even till date, I have not use it for anything related to bitcoin nor design and all this happened 2021 when I was still a newborn baby to bitcoin. :-*

It would be very painful when someone lost bitcoins to hackers and if that is repeatedly then the person was too careless and does not value bitcoin. someone that understand important of bitcoin would always to make sure that his wallet (s) is/are secure from external attacks. I am suspecting that the bitconers were using close source (custodial) wallets and not open source (non custodial) wallets. If they were using cold wallets like Electrum, Sparrow and Bluewallet then the bitcoins would have been saved. well I have not been hacked so I don't know the feeling. those who know the important of bitcoin will still buy if they were hacked or lost it.

It's extremely childish and insensitive to ml a mistakeqnf instead of gindingvout what your mistake was, you just source for some place to apportion blame. You learn nothing from that by not realising what your mistake or mistakes was and looking out for means to put it go a stop and ensure you don't make the same mistake anymore.
That they left Bitcoin investments for good, that isn't an assurance that they would be ultimately safe or successful in there next investment.

What I would advise such person is,
To learn how to look for faults in there steps rather than apportion blame.
They need go understand that in the cryptospace, you are your own first line of security and depending on how you take your security serious, you could be susceptible to hacks or safe.

Where do you keep your coins?
What exchanges do you use in transacting?
How have you handled KYC?

Loosing at a time shouldn't be the end, you could help yourself jn trying to know more and build yet another portfolio.

I also think that if the person keeps on getting hacked, there is a problem with how the person addresses the issue of his security.  It is not about being careless but I think it is about the level of comprehension of that person on how to adapt to the situation.  It is also possible that the person is somehow lazy in researching stuff about malware prevention. 

I was also hacked before and I learned my lesson very well since it is really a pain when all our hard work is stolen due to our being naive and careless.  Although I lost everything I put in that account, I never stop instead I try to learn how to secure my account and the thing never happened again.

In fact, I truly believe that some bitcoin users still keep their investment assets on centralized exchanges. Some advice may not be enough to make them realize the importance of having full custody of their assets - but all of them are responsible for their own assets. I won't worry about other people - but I care more about myself who sometimes still makes some mistakes. I hope I can also improve it over time.

Experiencing hacking repeatedly, of course, it is very painful and it can lose our trust in Bitcoinp, I don't remember how many times I have experienced hacking, but as a newbie, of course, we will often make mistakes due to lack of knowledge and also sometimes feeling lazy to apply the knowledge we have gained, such as use a safe wallet and don't use an exchange as a wallet, store Seed Phrases and private keys in a safe place and everything about basic security regarding the wallet.


Just say what you have experienced because experience is very valuable and if the person does not feel it is important to do what we say then that is his problem and not our responsibility and the most important thing is never to advise something that could give wrong information because that would be dangerous

I have lost a small amount of bitcoin due to a dumb mistake I made when I was still relatively new to this market, so I accepted the responsibility for it and since then I have done everything in my power to avoid this happening again, however to those that have been hacked my advice is really simple, move your coins to a safer OS, and if you do not want to do it then buy a hardware wallet, a hardware wallet has a very low cost compared to the protection that it offers, and yet we have people with millions of dollars worth of bitcoin storing it in a computer with a pirated and cracked version of Windows.

Some reasons why people lose their Bitcoin is because they keep them in exchanges, exchange are still one of the famous ways some individuals decide to store their bitcoin. To them they feel the bitcoin are saved on the exchange but they don't know that that's the worst places to keep Bitcoin because exchanges are one of the most targeted places by hackers to attack because they know many individual still have their bitcoin on the exchange.

To keep our Bitcoin safe from hacks, investors that have bought bitcoin need to store them in an opened source non custodial wallets that allow them to get access to their private key and store them offline. Any wallets that doesn't give you your private key shouldn't be used.

Fortunately, I don't have experience getting hacked. But I do have experience losing some of my money with failed investment here in crypto, multiple times. Although comparing the two, losing your money because of hacking feels more regretful because you'll be blaming yourself for being careless with your Bitcoin. Unlike with losing in investment where you're already aware of the risks. But at the end of it, we both get to learn based on these experiences.

Losing your Bitcoin multiple times because of hacking is such an awful situation. And I'd understand why a person might give up because of it. But if he's really into this space, maybe just taking a break will help the person to move on with his losses. And when he's ready again, he can always come back.

The only advice that I can give to those people is to become more careful and attentive. You are investing your hard earned money in something big, so it’s completely your responsibility that you make sure all the possible ways to get saved from hacking. It’s your fault that you used online wallets and hence got hacked. Now if you are getting demotivated by it and stopping to invest in the coin for this reason, then again it’s your loss. Smart people know the worth of Bitcoins and are buying it and storing it securely.

Many mistakes of investors who store their coins on the exchange, if not taken by the the exchange owners, they will disappear with their bursts if they experience bankruptcy, and we see it on several exchanges such as MT.gox, and FTX yesterday.lol.

And let me add not to have many extension in the wallet used to store bitcoin, because it can also be a gap in my opinion, because I have experienced this, and it needs to be added to also offline storage must be completely safe, because we are Already got many cases of offline storage that was reserved by several people for the theft scandal, make sure the wallet used to store bitcoin that is really safe, including those who sell the wallet.

Basically I don't keep my Bitcoins in platforms such as centralized exchanges or any other place where there is a possibility of my account getting compromised by hackers, I don't even keep my Bitcoins in online or centralized wallets where I don't have my keys and the wallet is closed source. If someone is careful with all these things and isn't careless with their assets or Bitcoins, they won't face those situations.

Those who stop loving Bitcoin or get away from buying or storing Bitcoins just because they got hacked more than once, need to understand that when they buy Bitcoin, they need to keep that in a non-custodial wallet where only they can access it, and they should keep their private keys somewhere very safe.

Knowing the difference between hacking and terrible business decisions is smart. Each situation affects you differently. Crypto-security has improved, thus users should update and upgrade their digital wallets and security protocols. This reduces hacking risk. To make a wise business decision, you must understand crypto and its volatility. Like other bitcoin fans, I believe in society's power. As you said, sharing experiences raises awareness and helps individuals make informed choices. Staying educated, sharing what you know, and being careful are crucial after any loss.

I also believe that we should be trying to get back on the horse and get that money back as well. Just because you lost money doesn't mean that you shouldn't have any money in the future neither, you could try to make it work somehow and that way you would be able to make some money, it would be profitable for you to keep trying.

This means that maybe you lost some money due to either bad trades or hacks or whatever reason was, but then you are going to end up with a good return that will be even bigger than what you lost in the end. This means that we should not give up, giving up is not solution to anything in life, it never results with anything good, we should try to end up with a good result long term.

Some individuals are unaware that malware has infiltrated their computer, and certain types of malware can be exceptionally challenging for ordinary users to eradicate. Hackers can infiltrate anyone's computer, often without the owner's knowledge.

In the phase of storing Bitcoin in a wallet fully under our control, it is prudent to first ensure the health of our device. If you lack confidence in your computer's security, temporarily resorting to an exchange wallet is acceptable, but relying on it permanently is ill-advised. Make sure you promptly acquire a secure wallet to guard against potential breaches. Protect Your Computer From Viruses, Hackers, and Spies (https://oag.ca.gov/privacy/facts/online-privacy/protect-your-computer)

Those genuinely intrigued by Bitcoin will return in due course, while those with a fleeting interest may depart after their initial losses. It takes time for people to regain their enthusiasm for Bitcoin, and that's perfectly normal.

Using a non-custodial wallet or hardware wallet only helps you increase the security of your bitcoins and does not absolutely guarantee your bitcoins.  the safety of your bitcoins depends entirely on you.  if you use a computer but use cracked software, frequently access strange links or do not store seed phrase in the safest place.  So you shouldn't be surprised if one day your bitcoins are hacked.  many people do not have basic knowledge about security, which will also cause losses that they do not even know the cause of.

There must be something they keep doing over again that's causing the loss of their Bitcoin or crypto asset, if you are using your wallet for online activities like airdrops and free token offers you are not far from losing your asset, you will be the one to give hackers the access to your fund, without you knowing.

It's possible to make mistakes and lost your asset the first round, but if it happens the second time it means you will never learn, there are simple things you must know if you want to stay ahead of hackers....

Do not keep your assets on any crypto exchange.

Stay away from any free tokens online, most of them are scam tokens.

Stop running after NFTs, some will take you to a scam page for claims.

Do not use custodial crypto wallets.

If you browse a lot on your computer, do not use such a PC to store your assets, you can run a Linux OS in a separate drive space and keep every crypto wallet on that drive only.

Try writing your recovery seed on steel with a nail or any sharp object and keep it in a safe location.

Emails and online storage spaces are not meant for keeping crypto wallet recovery seeds.

No such thing as good advice because advices are based off of experience and it's unlikely that there's people out there that's living similar lives albeit it can be argued that if what you're doing is the same discipline like trading, the point would still stand because of your constitution as a human and a person, no one is the same so what might be tolerable to you might be too much for someone. The best advice is probably to take all the advice with a grain of salt.

Everyone who has had a Bitcoin hack so far has done something wrong with their wallets that allowed the hackers to gain access to their accounts. People make mistakes first and learn from those mistakes. A person who lost his bitcoins due to the first mistake will not make the same mistake the second time. We must be careful when using Bitcoin. No information about the security of your wallet can be shared with anyone. If BTC disappears from a person's account more than once, that person is definitely not able to provide maximum security for his account. Those whose bitcoins have been hacked by hackers don't despair buy bitcoins again and ensure maximum wallet security only then you can safely store BTC in your wallet.

Learning through your own mistakes is a valid way to learn in most cases, but I think this market is one of the few exceptions to that rule, as a single mistake can be enough to make you lose all your capital to a scammer and it could become the most expensive mistake on your life.

As such it is way better to learn from the mistakes of others and see what they did for such a thing to never happen to them again, this way you can still secure your coins but you can do so without losing your coins in the process.

No, I will seek for solution first to know how to solve the problem so that hackers will not hack my wallet again before I will continue buying Bitcoin and have full confidence of recovery what I have lost in the past.
Well, I have never be hack over some years because I always do everything possible to kept my Bitcoin very well, in a way hackers cannot have access to my personal details because if they don't have your seeds phrase or password to your wallet,they will not have access to it. I think, those investors that experienced this Bitcoin wallet hacked like two or three times are those investors who doesn't know how to keep their seeds phrase very well in their environment because of you leave your wallet outside very easy for hackers to steal your Bitcoin.

For me personally it depends on how much I lose in bitcoin assets. Because if for example I only lose a few bitcoins, I will definitely continue to invest and buy more bitcoins. However, if for example I lost a fairly large amount of bitcoin assets, I think maybe I would stop for a moment before continuing to invest again. But not to give up not investing in bitcoin again, but to cool my mind first. Because after all, I am an ordinary human being, who will definitely suffer if I lose a fairly large amount of bitcoin. And after my mind returned cool and clear. I will definitely correct the mistakes that made me lose bitcoin first and after that I will definitely look for capital to re-invest in bitcoin.

Providing advice to bitcoin investors who have repeatedly lost their bitcoins. In my opinion, the best advice is to give advice that is comfortable in your ears or heart first. Maybe it's like providing motivation that makes him enthusiastic again. Because in the phase of experiencing repeated losses, especially in large amounts, the investor's thoughts, mentality and feelings will definitely be destroyed. So providing motivation first is a very appropriate medicine. Apart from that, in my personal opinion, at this phase, don't associate or talk about Bitcoin first. Because the situation is definitely not right. So in this phase, treat the mental condition first, only after the mental breakdown has healed can advice be given regarding bitcoin losses.

And my advice is quite simple, namely to remind these investors that next time when investing in Bitcoin, never be careless and always be careful, especially in storing Bitcoin assets themselves. Then the second will definitely remind investors about the risk factors. Because it cannot be denied, losing bitcoin due to being hacked or stolen is a risk that must be accepted gracefully by bitcoin investor. Then the last suggestion, I will definitely remind the person (investor). That every bitcoin loss that occurs should be used as a very important experience and lesson. Because if one day want to start investing in bitcoin again, this experience will definitely be a very good lesson.

Never did. I was lucky too but my own actions also helped me a lot. In the past there were lots of crypto exchanges which don't exist anymore and I believe I made trades on most of those exchanges. cryptsy and btc-e come to my mind... These exchanges got hacked and I was using them around those times. I had some luck but I was also not keeping lots of money for a long time on these exchanges so when they got hacked, my funds weren't there... I usually keep my funds in a cold wallet and it is pretty impossible to get hacked like that. I could have lost money to hackers if I was unlucky but it didn't happen. Some say, men create their own luck, maybe that has some truth in it.

I've never experienced it, so I don't know what would happen if it were me. But I don't need to experience it myself to learn a thing. Other people's losses can save you, there are hundreds of stories of people who have shared in many media how they got hacked.

"You are not yet qualified. Come back after you learn security well enough."

Lost once? Fine. Twice, alright no problem. He can learn from it. But getting hacked and losing your coins multiple times? That's not a good sign. He is doing something wrong and is not learning from his mistakes. He is being very irresponsible with his coins. I doubt he capable of handling his own finances.
What you can say to him is to learn how to keep his coins safe. Learn how to "USE" the internet and its dangers. Before investing again, tell him to make sure he follows all the steps that is necessary to keep his wallets safe!

I will never advise people to keep their crypto on just one exchange, as this increases the risk of losing money. There are currently a huge number of sites. So you can distribute financial capital between them. This is a kind of diversification of savings. It is imperative to take this method into account and not ignore it.
I myself encountered this a few years ago, when the exchange crashed and the crypt was blocked for withdrawal. Now I have learned a lifelong lesson from this and try not to make the same mistake again. Naturally, this is not a panacea, but it is still better than keeping it on one account.

No, I don't do it anymore. Might there be something wrong that I did that cost of hacking my wallet and emptying it but this bad experience will affect our mindset which it lead to not making a wise decision, and possibly being hacked again. In this situation, I'd rather give up than take a risk again, and accept that Bitcoin investment is not meant for me.

Those who still can afford to lose more and believe that there is hope will have to continue. But of course, don't urge yourself to do it if there is doubt already in your mind otherwise this will lead to regrets.

Conscious people take less risk because they do analyze the sites well before investing and are aware of the risks of loss. To prevent hacking, you need to understand the volatility of the crypto market before investing, and choosing a good wallet for bitcoin investment reduces the chances of hacking. Digital wallets can be used and if hackers take over one account they can easily take over other accounts as well. So a different password should be used for each account also, many people click on that website or link when they see the power offer of various benefits. They do not have common information and are vulnerable to hacking as online scams are carried out with the lure of tempting and unbelievable offers.

First, if you are in that situation, you need to take the time to find out the cause of your bitcoin loss and fix it before deciding to buy it back. If you can't find the cause, you can ask for help from some other investors. But if you still don't find the reason for that problem and you feel bitcoin is not suitable for you then I agree with you that it is time we should stop with bitcoin. Even though it is a potential investment, if we just lose money or get hacked repeatedly without any benefit, there is no reason to continue. There are many other ways, many other investments for us to choose from, bitcoin is not the only asset.

Are you still thinking about storing your bitcoins on an exchange? After the many bankruptcies that have occurred so far, don't you see? How is it possible that you still have the thought of keeping your bitcoins on the exchange, with a strategy of spreading your bitcoins across many exchanges, that's not a solution friends, it's the same as increasing your chances of losing. your bitcoin if you do it like that.
I recommend storing your bitcoins in a non-custodial wallet, and only you should know the seed phrase and store it well, and that is the safest way you can take to safeguard your wealth.

I remind you never to keep them on the stock exchange, especially for the long term, it's the same as giving charity to them. lol

Even if we store bitcoins on multiple centralized exchanges, they are not our bitcoins because we do not have full control. This idea is not really recommended, if not frankly a bad idea.
If our goal is to hold for the long term and will only sell during the bull season, why was storing bitcoin in a hardware wallet never considered? Unless what @fruktik is talking about is about assets used for trading. Splitting and storing bitcoin across multiple exchanges will minimize risk if these are day trading accounts.

Yes, I mean did you forget the "not your keys, not your coins" adage? So definitely it's not a good and safe practice to put our bitcoin in an exchange or any other bitcoin platform for that matter because anytime they can confiscate it without us knowing and we can't do anything about it.

So yeah, that could be the first business of the day for newbie bitcoins, knows where to store their bitcoin and learn how to protect our private keys and mnemonic phrase and hide and back it up and not lose that important keys.

Maybe before he decided to buy again, why not try to think of the things that went wrong that cause him to lose his bitcoin, because if he's not going to do that, he'll just keep on losing his investment because of his repeated mistakes. Investing in Bitcoin doesn't end in buying it alone, a reputable bitcoin wallet is a must to secure that investment.

Always remember, not your keys, not your coins.

The only advice that I could give them is to be more careful next time but if will still fail and end up the same, they'd rather choose to leave and forget about investing in crypto. We can say that even though all of us have the opportunity to invest but it doesn't mean that we all become successful, some will fail and lose faith. There is no reason to continue doing this if we still fail repetitively as we are the ones to suffer more with no hope of changing the course. Because it was not the problem with the market but it was on us and no matter what we do, it still ended up the same.

Actually no, if you buy Bitcoin and hold it at least for four years, you will make some money because Bitcoin price should be rise after super cycle. The reason why some people still not able to make profit in cryptocurrency is they're choose to invest in shitcoins.

But if they're get scammed because of ponzi scheme, phishing or anything that related to obvious scam, they're just stupid and shouldn't invest at all.

My wallet has been hacked 2 times and one time by mistake so totall 3 times I lost btc. The first time I lost btc was my own mistake when I withdraw from exchange to usdt address. It was my first time I ever withdraw from exchange and I didn't know other networks than btc that time.

Yes, I will keep btc because I will blame myself for all btc that i lost in the past. If i had follow all safety tips at the start then I wouldn't lost single satoshi


I would advise to read this article
https://www.lifehack.org/articles/productivity/15-highly-successful-people-who-failed-their-way-success.html

So far I have never experienced something bad like this, I have to be grateful for this and hopefully this will not happen to me again in the future. it is very worrying for those who have lost their bitcoins due to hacking, I can't even imagine the physical and emotional impact that would have on someone losing their bitcoins or something going wrong causing their bitcoins to be lost.

Even if they lose their bitcoins due to hacking, I hope they never give up and continue to rise. They must use this disaster as an experience in the future so that something similar does not happen again. I mean, someone who holds bitcoin must first know how to store it safely, because bitcoin is quite at risk of being hacked, if you don't use the right wallet and don't have strong security then something like this will happen again. Make your bitcoin wallet your most valuable asset, so you have to look after it well and not be careless.

Everyone who hadn't got much technical knowledge about bitcoin could've experienced hack and loss of bitcoin during their early days of bitcoin usage. Personally I've experienced it on a P2P platform while converting bitcoin to cash. This is completely my mistake, because I didn't kept all the security features enabled. A scammer somehow took control of my account and transferred all my funds to another wallet. Though it was a centralised platform they weren't able to recover the funds. This happens, and further I was aware of all the security features and never stay careless while making transactions and selling. The best advice is to use all the security features and keep your bitcoin in non custodial wallet and transfer to exchange and other platforms only when there is need.

Some people will get feared when their bitcoin hack because they have little amount of money which they have invested in bitcoin and they cannot afford to add more money. They will also lost their trust as hacking mechanism is an issue which can minimize the trust of investor.

But many individuals are lucky to have more money because of which they are able to trust again and buy bitcoin during affordable worth. According to my experience people share their information related to bitcoin and when hackers hack their data then they always cry but once a time and opportunity gone then it never come back.

Losing Bitcoin to hacks or mistakes can be discouraging, but it's vital to learn from them. Strengthen your security with hardware wallets and two-factor authentication. Stay vigilant against phishing scams and keep up with security updates. Diversify your investments to reduce risk. Seek advice from experts or financial advisors. Remember, it's never too late to enhance security and keep investing if you believe in Bitcoin's potential. Carefulness and responsibility are key.

Unfortunately, not only you had a sad experience, I also had with the infamous end of the FTX exchange. The amount was small, after this I don't advise anyone to keep any funds for CEX. Only in extreme cases for exchange and immediately after that withdraw to a cold wallet. There is no need to spare a fees for this compared to the risk of holding on the CEX.

I would also recommend holding crypto in several wallets with the highest ratings among reputable users. Therefore, even if a hack occurs, which is unlikely, it won't cause much damage to your portfolio.

The thing is the person @OP mentioned seems to not learn from his experience.  Being hacked multiple times is an abnormal situation for me.  The person had never learned from his mistakes and love wasting money by making himself get hacked again and again.

I do not know how diversifying can avoid system hack.  And how does a financial expert help with a technical problem?  Looks like this advise would be a wasted effort in addressing the hack incident.  The person must seek the advice of an internet security expert, not a financial expert.

My advice would be: treat your coins like you treat fiat money in your bank account or in your wallet. Bitcoin is not some "monopoly funny money" you have to be really cautious to keep it safe. If you have lost your coins, you shouldn't blame Bitcoin because "non-refundable", "unsafe" etc but rather blame yourself you couldn't keep it. 8)

Not just shitcons,
Most of the cryptocurrency investors of our time have the idea that, they could easily get rich just by investing. Yes. You could make some profit but, that’s more reassuring with bitcoin. Altcoins might have certain capabilities to enrich you but, that’s one out of a thousand of them out there and it’s a matter of luck to find that one altcoin that would boom. You can’t be an expert about it.

Other think of trading even with zero experience on trading. Trading is highly professionalized and filled with very many experienced traders and you would be gaming with them all with your inexperience. How do you profit in such scenario. It’s going to be errors after errors and no one would be going easy on you.

Buy bitcoin and hold becomes the safe zone for those who can have patience.

Trading certainly requires a fairly extensive knowledge of how to do technical analysis and Fundamental analysis.
Not by just guessing because trading is related to how a person analyzes the market and knows when to buy and sell.

There will be no easy scenario in trading, as many professional traders guard their positions.
Who can't hold on then they will lose.

Holding Bitcoin and continuing to be patient will give good results rather than having to trade quickly but not understanding the trading science needed.

Back to the topic of the thread the OP is discussing, Security is very important for trading and investment to run well.
So that there will be no loss or hacking that makes someone leave and no longer want to deal with Bitcoin or crypto.
Obviously, they have been mentally damaged by the hacking incident, but it will be a valuable lesson.

Yeah, if you value your bitcoins then you have to treat it as if it's part of your life. Those that haven't been hacked, then that's good and I am one of those that luckily never had been a victim of it. Maybe with the background of knowing how to protect myself and I am not curious with those random emails, spams and messages that I get that I know that I shouldn't click because it could contain some virus or malware or any sort of that really helped me.

That's right, it's like protecting your own bank just as what we know what it's like to be owning Bitcoin. There's no other people that should be responsible for keeping our own bitcoins but us.

It is not easy to bear the pain of losing something that you hoped for good so if I was in their shoes I would have done so too or even worse.
I haven't gotten any Bitcoin yet but still planning and working towards it so the experience of losing Bitcoin I don't have but using what happened to others as a lesson, I will not still give up on what am doing, I'm someone who don't easily give up. There is a quote from Nigerians that says " We are Nigerians we don't know how to give up" that is just a typical me. Never give up.
Yes, I can keep buying Bitcoin even if I was hacked, so far as I have lost a dime I will make sure I double up what I a have lost. The difference will be first after losing my Bitcoin to hack I will raise an alarm and call on the professionals in Bitcoin related issues and complain to them, get advice and stick to it. So that I won't lose again
My advice will be not to give up but I will say it in a way that will keep the person motivated not to give up on his way to succeed. There are six things I have written down that I keep as a secret to what ever I want to succeed with but I will share it with the person and here too on this forum;
1. HARDWORK: Don't believe in luck, believe in hard work. Stop trying to rush the process on that ever you are doing so far you have a dream don't rush the process or searching for a shortcut. There is NONE
2. PATIENCE: if you are losing the patience, you are losing the battle first nothing happens, then it happens slowly and suddenly all at once most people give up at stage one.
3. SACRIFICE; if you don't sacrifice for what you want, then what you want becomes the sacrifice. Everything has it price. The question is are you ready to pay it for the life you desire?
4. CONSISTENCY: Consistency is what transforms average into excellence without consistency, you will never achieve greater success.
5. DISCIPLINE: motivation gets you going, but discipline keeps you growing. There will be days when you don't "FEEL" like doing it. you have to push through those days regardless of how you feel.
6. SELF CONFIDENCE: Confidence is, I'll be fine if they don't like me or what I do. There will always be someone judging you for who you are and what you want from life.
If anyone applies this 6 things to what ever they are doing, it will surely end in good results and that will be my advice to anyone at the hedge of giving up on Bitcoin.

It is natural that if someone keeps his savings in Bitcoin for a long time and that bitcoin gets hacked by a hacker then his eagerness will be broken. If this happens more than once in one's life then it will definitely be a bit difficult for him to save bitcoins. Because that person will lose faith in Bitcoin. But what we should do as a holder is to keep our bitcoin safe. Just holding bitcoins in a wallet is not the end of the work. Where and how bitcoins are stored is also an important issue. It is my responsibility to protect my own wallet. So Bitcoin is not responsible for Bitcoin theft or hacking due to my carelessness. I will definitely adopt more advanced methods to preserve it.

My advice to a bitcoin holder is that one should have a good idea of his wallet before depositing bitcoins. Having a good idea of which wallets are safe for bitcoin or how you should store your passwords or key phrases and then store your bitcoins.

You can lose your bitcoins because of some mistake, it happens, but if you lose them a second or even a third time than it means you are not willing to learn from your mistakes, and that is a very dangerous game to play when there is money involved. And usually these people don't blame themselves, they blame bitcoin...

Im really sorry to hear about what happened to you. Unfortunately, many beginners face it. Im glad you learned from this and are now taking safer approach. A non-custodial wallet is indeed one of the best ways to secure your Bitcoins. After all, you hold the keys to your own house.

Add 2FA to all Bitcoin sites, remember that. Please remember that deals that look too good to be true usually are. Criminals are becoming smarter at their tricks. Some even make fake apps and websites.

So, its not enough to just set up security features; you also have to be careful at all times. Always double-check URLs and update software.

"a stitch in time saves nine"

The advice is very useful but not enough and in my opinion, we need to have complete knowledge before wanting to invest in bitcoin. Not only have knowledge about wallets and how to store passwords, but also basic knowledge about security including how to protect your computer from hacker attacks, viruses, strange links...in general, all related knowledge about bitcoin. We should not ignore anything, knowledge is never redundant or wasted. Always learn and absorb new things, don't be too stubborn and only blame when problems occur.

People get hacked because they fail to secure their wallet. This is very common to all those irresponsible owners who keep investing but we’re not responsible enough to invest with caution. That is why some people get hacked because they are also the one who are giving hints to the hackers. Otherwise, if people are very careful and cautious every time they invest, then hacking will certainly be stopped. But I don’t think this is possible as people only learned their lesson after they experienced some hacking incidents.

However, the OP claims that a hacker stole his wallet more than twice. Literally, it appears that the victim of the hack does not learn. I'm not sure how much he knows; he doesn't seem to alter his communication style, and he doesn't seem to comprehend how to protect himself from hackers or what they do.

If I were the victim of the bitcoin theft, I wouldn't let it happen again; instead, I would exercise caution, educate myself on the basics of bitcoin, and steer clear of phishing and hacking. .

I have never lost my bitcoin to hacks. All cyber security measures have been activated. However if I ever lose my bitcoin to hack, the reason I will not give up is because that is the only option to financial freedom and generational wealth.

Yes, why not. I'll only have to be more careful.

What I can say is that "please forget about investing in Bitcoin if you can't change the way you keep it". Getting hacked more than is not usual anymore, there is certainly a problem for us, and if we still continue doing this, the same thing happen again. So, it is better to move on or make someone to keep while using our money instead of keeping it in our hands. In some instances, if we can't do the right thing, might others can do well. I'm sure it work provided that we choose a responsible person as well.

If we have made the same mistake several times, it would be better for us to choose to stop for a while to invest. It would be better to seek knowledge about the mistakes we made and correct them and if we feel that we already know what made us lose our bitcoins, we lost and we have corrected them how we store it well so that no one can hack it. When investing in Bitcoin, we need to have a lot of knowledge and continue to look for information about this and if we have people who can accompany us in learning about this, it is certainly better.

If someone got hacked not once, but twice or even multiple times then it's more than likely they are making several mistakes on their journey. There are dozens of measures you can take to protect your cryptocurrency and the more of these measures you are following, the lower the probability of your wallet being hacked. Most people do not take any security measures at all thinking it's not worth wasting their time doing it, and they are the most vulnerable to being hacked since they repeat the same mistakes over and over again like using the same passwords, usernames, email addresses, internet connection, browser, operating system, etc. The only advice you can give to such people is to take their time learning more about how hackers operate and how they can take higher security measures for their wallets.

When a wallet with BTC or other cryptocurrencies is hacked and these funds are stolen, the attacker understands that he can continue to do this because he received a “reward”. If everyone who uses cryptocurrency takes better care of their wallet, passwords and other things in financial security, then they will receive these “rewards” less often. Therefore, protecting each wallet is important for the entire cryptocurrency community as a whole.

I havent experienced on losing money due to hacks of my wallet ever since i had stepped up into this market because im really that very careful when it comes on securing my private keys even though im just using 3x
flashdrives but so far i havent been hacked (hopefully not or ever). It all matters with the things that you are doing because if you do find yourself that too careless about your PK or exposing it easily on others awareness then for sure you would really be losing your money.People wont really be that doing those security-related things on the time that they wouldnt be experiencing those lose of funds and this is really that a bad habit.

Dont make yourself goes into a point that you would lose money first before you would really be mindful about security. Why you cant do it before disaster happens? You would really be able to avoid
those disasters or moments on being hacked if you are really that careful on securing your PK's and dont exposed it into other people. Advise? It is really that common on which neither make use of those HW
and keep those PK safe on others peoples awareness or possession because once exposed then say goodbye into your funds.

Invest carefully and cautiously, most particularly for bitcoin. Hacking is very rampant online so make sure to secure your wallet first and never disclose any personal details about your seed phrase as that could put your wallet into danger and steal all the coins you have stored in there. People lost their bitcoin due to their own carelessness, so if they will change that, their bitcoins will be safe and secured.

I have started from the scratch more then once. For me this is one of the few things i actually know something about, and i feel i have invested too much time in bitcoin so that i could throw it away. Knowledge is power and with power you can get money. It's a saying with literacy: write what you know. Same things goes with most of the knowledge. If you have become expert in something, you can and should monetize it.

Sure, one can go back doing something else they are good at, but imho i see it as an edge that i even know something about bitcoin. Why would i throw that away and bother to learn something completely new to monetize, just because i lost my btc from time to time.

You can't force people to like what they hate under justifiable grounds.

The fact that these people had all the rights to put down bitcoin and be scared or hate it is enough grounds as it is to actually just leave them be since everything that you would do/say with the aim of putting bitcoin in a better light or crypto for that matter will be considered as you coercing them into investing again. In my opinion the only surefire way we could attract these people back into the game is to actually just wait until bitcoin is in a better state price-wise. This may hopefully stoke their confidence into investing to bitcoin and cryptocurrencies again but we can't force nor suggest and advice them to invest again in crypto. Losing your money over a trade is something, losing it to theft is a much harder pill to swallow.

To learn from their mistake and try to know what caused their bitcoin to be hacked more than once. Whether it is been compromised or not.
According to a saying that claims when an incident occurs more than once, it is no longer a mistake but is instead a well-planned act that needs to be corrected so, as not to happen again. It is very bad for someone to lose his Bitcoin more than once when actually it is not supposed to be so unless the person gives out his seed phrase or connects his wallet address with a phishing site that dampers people's crypto funds.