Can I lose my coins by choosing wrong wallet?

[dizzy1996]

Of course, you can, look at the fact that sending tokens to another purse, you start a contract that can not be canceled, also this situation concerns the sending of tokens to exchanges. By sending tokens to another address of the exchange, they remain on their balance sheet

[bavian]

Yes, you can lose all your coins if you choose wrong wallet. I think you should offline wallet or hard wallet for protect your coins. Eg. Trezor, Ledger.

[biraddali125]

Maybe yes, dont rely on any other wallet sites. Just choose the trusted one.

[Abeycity9917]

If sender accidentally misspelled the destination wallet address by changing a number or letter? If this happens, unless that same exact (misspelled) wallet address is created again (very unlikely) those bitcoins have gone poof. Nobody owns those bitcoins anymore, because they got transferred to a wallet that doesn't even exist. Those bitcoins have completely disappeared.

[passwordnow]

I don't trust those new wallets that are coming to the forum.

Scammers and hackers are everywhere and they are providing such service to gain more data and people that will fall for their trick. Use only those wallets that are trusted and has been involved to cryptocurrencies for quite awhile.

[delightme]

Yes, you will definitely lose your coins by choosing wrong wallet, just have a look at when you put your money in another persons purse what do you expect, the person will definitely eat the money. You should secure your wallet very well to avoid you loosing your money.

[Pj_Pabatao]

Yes. If you choose the wrong wallet you can lose your coins.   You should think about it.  Many people do   not think about it at all, so hackers easily hack all the coins. You can use the hardware wallet. It's very simple, dependent and  safe.

[takose46]

Yes, you can lose all your coin. You can be hacked if your wallet uses poor security. I think you should use Trezor and Ledger Nano S. Don't store your coin on exchanges.

[Rengganis]

it can happen because there are lots of wallets published recently but there are no recommendations that convince us, we must first try the security of the wallet by transferring a little of our capital, if there are no new problems we can invest completely

[cryptomanspbmgdn]

"cold" wallets are the best solution today. The main thing to buy it from the official supplier, I know cases when purses buy on the black market,and then lose their money

[otunyot]

Definitely!  You will lose your coin if you mistakenly send it to wrong wallet other than the wallet that is compatible with the said coin.  Coin are based on different algorithm and there are different protocols and parameters that define each coin!

[Elcapsono]

Hi everyone, I found a service announcement of new wallet platform few days ago in our forum.
Their introduction and vision stated in the post seems to be great and it also attracts me a lot.
However, I still wonder whether I can trust that new wallet.
Can I lose my coins by choosing wrong wallet or they can never stole any coin because they just provide wallet service only?

Please help me if you have experience in this field. Thank you.
This is the link to the wallet that I mentioned: https://bitcointalk.org/index.php?topic=4582763.msg41338130#msg41338130

You only need to trust wallets with proven time and investors. Now many ICO, after entering the exchange, also create their wallets, showing that they are developing, but no one knows their real goals. To such purses it is necessary always approaches with watchfulness. The blessing now problems with a choice of a reliable purse is not present.

[Jaybitcoin2018]

Definitely yes, it can lose your coins if you choose the wrong wallet you used to, not registered in the cryptocurrency coins. This is because scam and fraud people are just everywhere in this furom looking for victimizing.

[Dmcuibap]

Yes, only one mistake word in your receipt address in any blockchain network, your money (coin) will lost forever and no one can take it back for you. Becarefull and 2 check before comfirm any tx

[makercn]

Of course, there are a lot of fishing wallets in the network. We must take care of our wallets and private keys very carefully. We must remember to never share the private key with anyone. The wallet is very important to us, especially the private key.

[DeKingCrypto]

There are no two ways about it, if you choose a the wrong wallet for a token in a bounty campaign or even in receiving a token, you loose you coins.

[zedaq]

This may well happen especially if you make your choice in favor of projects that are not popular, but also using any wallets, be sure to save data and never use public networks when you are trying to download data of your wallet

[Gralph]

Yes of course, this is because some bounties have their own different kinds of Wallet built specifically by them to accommodate their own coin. For instance; their is a bounty named Ripaex that has it's own wallet and you submit the ERC20 wallet while registering your content, when it's time for token distribution; you'll find out from the spreadsheet that they wouldn't be able to allocate their token to that wallet that is not recommended by them.

Therefore, in other to avoid cases of losing your coin you worked hard for, please strictly read every instruction from any bounty if you're to use the ERC20 wallet or you're to use their own wallet.

[nulan]

Yes, only one mistake word in your receipt address in any blockchain network, your money (coin) will lost forever and no one can take it back for you. Becarefull and 2 check before comfirm any tx

besides, also be careful in storing local wallet, make sure you have a backup wallet this also often happens when someone loses a private key or reinstalls the computer. because everything is valuable so making good decisions on transactions or security for your assets welcome on crypto world.

[fulled]

Im not a tech geek, but i think if you using wrong wallet, your address ownership can be leaked, if you want to using wallet make sure you check the source code or read review about it from experts