Another sad story, 2.6 BTC lost.

[Asuspawer09]

Well, sorry for your loss it's not really your fault we can see the effort you put in keeping your bitcoin safe, and then just because of the password manager, you lost your bitcoin.

I think it's better if we have something like a file like what he did and also the drives where he put the other seed, I'm surprised he didn't put his password there with his private key. The password manager could be hack or whatsoever I mean it's really tempting especially if they know the bitcoin market today.

Also has at least 1 copy of it in a notebook just for an emergency, especially for passwords it's true that it might burn because of fire but it's the only copy that cannot be a hack or corrupted like a drive.

[malevolent]

I've almost to the point that it becomes tedious to send or receive coins, because I have to triple check everything. I've definitely made mistakes in the past with traditional fiat currencies, and Bitcoin.

I mostly solved it by having a more easily accessible 'hot wallet' for smaller transactions. Receiving is less inconvenient with watch-only wallets. Although striving to have maintain as much privacy as possible makes everything more inconvenient.

Unfortunately, with Bitcoin its very easy to misplace a decimal point, since you work with decimal points much more often than traditional currencies.

Personally, I don't find it to be a difficulty, but I'm extra careful when dealing with different units, e.g. BTC and mBTC, etc.

Data from formatted disk could be  restored but to ensure no body could get them he has applied  one of the the wiping technique which MiniTool Drive Wipe app has  and I guess it was DoD standard method. Chance to recover data from such disk would be  miserable even if  it were sent to forensic lab.

Probably not in this case according to what he claims to have been told by the company which released the password manager:

I tried everything I was on a support call with the password manager company and they help do a thorough search. The problem is that this manager is actually really good and it avoids history and caching as a security feature. They even wipe memory after use. The only downside is the stupid thing with not auto-saving.

[Welsh]

I am not an expert on such information, but are there no programs that allow data recovery from a formatted disk? Surely some specialists are ready to take on such work for some kind of remuneration.

Data recovery becomes more difficult as time goes on. The most the device is used, the more unlikely it is to rescue. Most data recovery software is very basic, and will only rescue very recently deleted data, and even then it might be too fragmented to actually recover. Plus, data recovery is very expensive, and most charge on a hourly rate no matter if they find what you are looking for so it can become quite an expensive service.

Personally, I don't find it to be a difficulty, but I'm extra careful when dealing with different units, e.g. BTC and mBTC, etc.

I agree that its not difficult, but its something that can often be rushed. So, I do believe its more likely to happen with Bitcoin compared to traditional fiat currencies. Most software tends to show you the amount you are sending as a prompt so software is your sort of safety net in this scenario.

It's just that Bitcoin is fundamentally easier to mess up, since addresses are rather large, and that's another point where people can trip over. I'm not saying that Bitcoin is worse either, I love being in control of your money, I can't believe we live in a world where people trust another person to hold their money, and even worse pretty much gamble with it.

[passwordnow]

Very sad indeed and expensive lost. It is why it's also important to take backups through written words including passwords. It may be time consuming to double check all steps that you do for transferring your bitcoins into another machine, wallet or exchange, you don't compromise your funds with that reasoning.
When I do some transfers, I'm not only double checking it but doing it more than that, several times. It is to make sure that I'm sending to the right address, with the right amount, just for the sake of assurance before sending.

[macson]

snip

an extremely painful misfortune.  around $100k more just goes away through carelessness, I am the type of person who will never be trivial by the slightest thing, storing passwords and private keys is very, very important to me.  surely that person will experience great regret until the end of his life because of a small mistake.

We should treat all the trivial things of life seriously, and all the serious things of life with sincere and studied triviality. (Oscar Wilde)

[Trinx01]

Before I created a crypto wallet account, I always put the information of it on a piece of paper, I am a person who doesn't have good memorization so I always prepare a piece of paper in terms of that thing. Double-checking is important because that is the hard thing in decentralization, no one is responsible for your own money, you are the only one who will handle and control your own money. Always be responsible for that thing especially when talking about money.

[libert19]

Another tech savvy man scam for millions if you are interested: https://www.coindesk.com/ceo-of-defi-insurer-nexus-mutual-hacked-for-8m-in-nxm-tokens

The more you know the more sophisticated attacks for you.