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Author Topic: What if someone forgot the key to their bitcoin wallet ?  (Read 1930 times)
Chrystora123
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July 26, 2018, 04:59:36 PM
 #361

From my own understanding I think if someone forget the key to their Bitcoin wallet then their money will be of no use because they will not be able to access their wallet again. I remember, when I forgot the login details to my bitcoin wallet, my $100 in d said wallet was gone with it. 
really, Bitcoin that we have will be no longer owned because that Bitcoin like being in a hollow world...we should save very carefully, Private key, password Bitcoin wallet that we have, we must keep it good, so that something like this does not happen again...

medconindi
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July 26, 2018, 05:20:43 PM
 #362

People should be aware how much important the key of a certain wallet there is something you can do to ensure that even if you forget you will still be able to access your wallet, mine is that I am currently using a metamask so its okay if I loss my key because all I need to remember is my password from it.
hmmkay
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July 27, 2018, 12:47:19 PM
 #363

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
I don’t think to should believe your memory, write it down somewhere. Better to have it on paper in printed way, because your PC can be hacked. Put it in safe place, do several copies.

Ezenwanyi
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July 27, 2018, 02:50:58 PM
 #364

The loss of your cryptocurrency private key also means the loss of your digital assets in the particular account.
This is why one should be extra careful in handling of the private key and password.. as there's no known  recovery measures  in place presently.

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jake zyrus
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July 27, 2018, 03:25:27 PM
 #365

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
Before I forgot my private key I write the password in my diary and keep in the safe place, only me and trusted person only know where I hide it. I know gadgets gets damaged and sometimes we lose it.

Peashooter
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July 27, 2018, 03:34:38 PM
 #366

Be careful(
Yes we need to be careful in our private keys we need it to safe before you forgot the keys you need write or print in the paper then keep in safe in one place, only you know don't trust anyone maybe it cause to lose your money be careful all the times.
Cryptrx
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July 27, 2018, 03:40:24 PM
 #367

The person will have himself or herself to blame because there is no way a lost key can be recovered. That's why it's best to save your wallet key in many places that's not easily accessible.

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KingOfWinterfell01
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July 27, 2018, 03:48:36 PM
 #368

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

Well, write it down on a piece of paper or a notebook. That way, you don't forget. Don't place somewhere a computer can hack on or even on your phone. I believe there's no other way to ever retrieve your wallet code to access your wallet once you forget the code.

online73
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July 27, 2018, 03:59:59 PM
 #369

Hello everybody. Creating a purse is given not only a private key, but a certain phrase from several words. Thanks to these few words, you can restore access to your wallet. In general, if you are a holder of several Bitcoins, and do not trade on the stock exchange, but just wait for a significant increase in the cost of digital gold, then just save each word on different media - there can be a lot of options. But, my advice, do not keep the whole amount in one purse. So, or otherwise, thieves improve their skills and it is necessary to be always cautious.
Gotumoot
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July 27, 2018, 04:01:30 PM
 #370

As long as i know, there's no way to retrieve the key back, so once we lost and forget it, then it may be gone forever.
For me, i save the private key in many safe places, usually i put all of my password or important thing in one place because i forget easily, but kinda risky since if i lost it, i lost all.
That's why i make many backups. I think i'll be fine as long as the hackers won't try to hack my computer or my phone and find that document.
Yes, if you forget it, you can never retrieve it. I suggest that write your pin on some places and not just memorize it, for you to not forget it. But be careful on where you put it because if someone that have knowledge to use it, then your investments might steal by that person.
South Park
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July 27, 2018, 04:03:16 PM
 #371

Actually  i have kept my private keys in written form in my personal diary and 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 documents. So best if to keep your private keys in written form.It is the best idea to me. Wink : Smiley
No method is fool proof, in your case you have the advantage that it is impossible for a hacker to get your keys since you have them in written form, but there are several weakness with that method, for example you could make a mistake when copying your private key in that case you will lose all your money, if there is a fire or some kind of natural disaster you could lose your private key and finally a thief could get your documents and steal your bitcoin as a result of that.
Ahimoth
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July 27, 2018, 04:06:12 PM
 #372

someone must know how to back up this, save private key or JSON and passwors it will keep safe
Then it must be a big trouble for the holder and could create a big problem. At all times you must always keep your key with you and don't you ever forget it. That is a very valuable thing and so precious. You can't afford to lose or forget that especially when you have ato huge amount of money in your wallet. Forgetting that thing is really problematic.
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July 27, 2018, 04:19:28 PM
 #373

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



If someone forgot the key to their bitcoin wallet they will not retrieve it because its their fault not by the admin of it. If that happen to everyone or in me I think that will be the biggest regret in our life.
BlackRacerX
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July 27, 2018, 04:27:07 PM
 #374

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

If somehow you have found yourself lost and have forgotten the very important thing about your bitcoins i.e. your bitcoin wallet password, then you're royally screwed. There's no way you can access your wallet anymore unless someone cracks open your mind and find the password.

Veterock
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July 27, 2018, 04:46:53 PM
 #375

There are no alternatives! If you lost, it's forever
MbakNarti
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July 27, 2018, 04:53:45 PM
 #376

You can save it in notepad or something else that you think is safe and will not be hacked by any hack so maybe you can keep your private key in a place that you think is safe maybe it's the best thing for to keep my private key , there may still be a safer place to store your private key you can also use a proven LEDGER to it to store all our assets and maybe people will not know our private key so I think LEDGER Place to save the most secure from hack so you can use LEDGER to keep all your assets and your private key
pabpete
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July 27, 2018, 05:15:46 PM
 #377

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
I don’t think to should believe your memory, write it down somewhere. Better to have it on paper in printed way, because your PC can be hacked. Put it in safe place, do several copies.
That is true, the best way is to put it in some "material" way cause this is the safiest option that could be done in this internet era.
riskarcher
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July 27, 2018, 05:20:43 PM
 #378

I think he will retire from the world of crypto, who need to know wallet is one of the digital banks we have, I think just a careless person who forgot his wallet. The most important use always google smart lock or google autheticator to store our password wallet safely

indah333
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July 27, 2018, 05:24:59 PM
 #379

This is bad when someone forgot the key of a bitcoin wallet then you will not be able to recover your bitcoin if you ever lose it. Well that is one of the basic reminders you need to know when you want to have a bitcoin wallet.
Feuerbach
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July 27, 2018, 06:19:48 PM
 #380

What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
You need to do everything to not lose it. There are no alternatives. Make a few copies, skins on a USB flash drive, print on paper)
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