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Author Topic: What if someone forgot the key to their bitcoin wallet ?  (Read 1880 times)
Singbatak
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July 12, 2018, 05:17:39 AM
 #201

There is no other way to retreive your Private Key, So now make it a way to secure your private key.

I'll give you tips to secure your private key.
You print the copy of your private key. For if you accidentally delete it you still have a copy.
Save it to USB and better if Json File is the way you open your wallet if it's MEW. Because hackers can not easily unlock it!
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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dorofee
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July 12, 2018, 05:23:03 AM
 #202

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

Print it and keep it on a paper safely. It is also advised to keep bitcoins in different wallets if you are have invested in lot of them.
Ezenwanyi
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July 12, 2018, 06:10:22 AM
 #203

There's no known recovery measures in place for private jet or password recovery.
It means that one should be extra careful in saving those keys.
Between Dec 2017 and now my friend have lost 2 blockchain wallets out of carelessness.
The funds gone too.

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faceoff97
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July 12, 2018, 11:25:54 AM
 #204

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

There is no way to recover a wallet once private key is being forgotten. The stored bitcoin will be one of those coin that was burned, coins that are unrecovered are useful for making the price higher, since the supply becomes limited. More forgotten private key means greater potential for higher price.
Tigorss
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July 12, 2018, 11:29:10 AM
 #205

I have kept my private keys in written form in my personal diary its the safest way to keep your private keys. Saving in Computer or laptop is risky because if it gets damaged you will lose all so best if to keep your private keys in written form.
there are some steps to restore your wallet by looking at your connected email or others because there is a service what if we forget the password unless you do not save your key to the security and the account is not connected with others then your wallet will be lost.
molenracing
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July 12, 2018, 11:41:11 AM
 #206

It would be very dangerous if we lose our private key in our wallet, because we will lose all our assets if we can not find the private key of our wallet again. And the safest way to keep a private Bitcoin wallet key is to write or print it on paper or in your diary. and do not let your diary disappear, or note in your book in knowing others. because it can be used to steal digital assets that you save in your wallet.
West0813
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July 12, 2018, 12:00:29 PM
 #207

I know some people who lose their private key and never recover it. Because they don't make back ip of their private key. So you need to create back up. So that you have another copy if you lose yhe other.

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Traslavin
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July 12, 2018, 12:03:05 PM
 #208

There is no other way to retreive your Private Key, So now make it a way to secure your private key.

I'll give you tips to secure your private key.
You print the copy of your private key. For if you accidentally delete it you still have a copy.
Save it to USB and better if Json File is the way you open your wallet if it's MEW. Because hackers can not easily unlock it!
So if ever that it happen to you well I guess it's your time to say goodbye to your account and this is a very traumatic experience of yours I bet you would be so feel discouraged. And since you're not experienced it right now better to have a backup files of your password and key word or even jot it down.

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F$m@nia
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July 12, 2018, 12:09:08 PM
 #209

You may keep hard copy of your private key. I.e take print and keep safe in locker.  Also you may keep it in you secured file which requires to be opened with OTP received on mobile.
That sounds better, keep your private key at such a place which require OTP everytime to have access to it.
wolffy0216
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July 12, 2018, 12:10:00 PM
 #210

It would be very dangerous if we lose our private key in our wallet, because we will lose all our assets if we can not find the private key of our wallet again. And the safest way to keep a private Bitcoin wallet key is to write or print it on paper or in your diary. and do not let your diary disappear, or note in your book in knowing others. because it can be used to steal digital assets that you save in your wallet.

Yes, this is very dangerous as there will be no way to recover it and the funds will never use again. So we really need to keep safe our private keys. Making back ups can surely help us in the future.

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July 12, 2018, 12:11:03 PM
 #211

Just contact their team for rest your key they reset your key in 2 or 3 business days.
patrickj
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July 12, 2018, 12:15:55 PM
 #212

For the present you are qualified for guarding your bitcoin wallets yourself. You can ensure that you store your private keys on an alternate disconnected framework. Make more utilization of cool wallets in the event that you have bigger assets, and it's better putting away there. Compose your keys on a paper and keep it precisely where it won't be contacted by water.
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July 12, 2018, 12:22:06 PM
 #213

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
You can no longer withdraw your bitcoin if youlost your private keys and password. Your is still there but no one will have an any access with your bitcoins. So better keep you private keys safe and make a copy as a back up so you can retrieve your wallets in case you forgot your private keys.

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July 12, 2018, 06:21:04 PM
 #214

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
You currently have the right to defend your bin boxes for yourself. You can make sure that you keep your private keys in another offline mode. Use more cool wallets if you have more money and better store there. Write your keys on paper and keep it attentive.
nhoj25
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July 12, 2018, 06:38:34 PM
 #215

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

You should make sure you never forget the password or your funds will be permanently lost. In fact, you should be able to remember your password even after many years without using it. In doubt, you might want to keep a paper copy of your password in a safe place like a vault or carved it in metal
ninabobo
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July 12, 2018, 06:47:28 PM
 #216

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?


as far as I know there is no way to get the private key when lost or the data erased. and if it happens, it is a disaster for someone.
Well, to avoid it, you have to back up data that is stored in different places.

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July 12, 2018, 07:21:43 PM
 #217

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
You currently have the right to defend your bin boxes for yourself. You can make sure that you keep your private keys in another offline mode. Use more cool wallets if you have more money and better store there. Write your keys on paper and keep it attentive.
After creating your bitcoin wallet the next thing to always do is to make sure that your keys are securely saved you can print it and put it into a safe especially when you plan to have a lot of coin in your wallet.

 
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thefatman82
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July 14, 2018, 09:44:22 PM
 #218

Well if you forgot your private key then you havent save it on notepad or backing up it means you can no longer open your wallet.Thats why you need to back-up all your important files so as with your private key to avoid trouble.

Agree with you. You always must be attentive to your passwords and keys. Personally for me the best way is to write your password on a piece of paper and put it in the case.
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July 14, 2018, 10:11:47 PM
 #219

Forget your welcome wallet key and you lose all your investment. Not that they will be lost but you just will not be able to access them any longer, there are chances that if you don't get the keys then they will just sit there , that's why you are advised to be careful with the private key

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July 15, 2018, 10:48:48 AM
 #220

Keep your private key in a safe place, such as Notepad, Microsoft Word or in Microsoft Excel. and then save the permament on your computer, as in flaskdisk, or even D memory in your notebook.

Back up the third software through your gmail account and save it in the draft, but beware do not let your email be stolen, because all your money is there.
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