[YES/NO] CAn i recover them if my btc get hacked? Is it possible??

[andrea1234]

                                                      Hello Everyone! 
                                               how are you all community?
 I'm andrea! i am trying to invest first time in crypto market but I'm scared about this if someone hacked my account then what i will do ??
can i recover my account??
where i will put my case of this scam?

at this situation can I'll invested in any company??

                    can one of my friend can give me her personal opinion Please

[bitmover]

Hello.
First of all, this should be moved to beginners and help session.


About your question.
It depends on the  kind of wallet you are using.

A  hardware wallet cannot be hacked, theoretically, because your keys is stored offline (in a piece of paper, how can someone hack a paper?)

But if if you have a web/online wallet, then your funds can be accessed and hacked just like an email (for example, blockchain.info). Those are the most insecure wallets, and if you are hacked that's over. No way to recover.

There are also desktop/mobile wallets , such as electrum.org , which are app and programs that runs in your device. They are more secure, but if hacked (if your computer or phone is compromised) it's over also.

[Bttzed03]

If in case you are referring to an exchange account, there's a small chance that you can prevent the hacker from moving your funds. You can immediately contact the exchange's customer support to lock your account. Adding more security such as google 2FA or authy can help prevent your account from getting hacked.

[Indymoney]

If in case you are referring to an exchange account, there's a small chance that you can prevent the hacker from moving your funds. You can immediately contact the exchange's customer support to lock your account. Adding more security such as google 2FA or authy can help prevent your account from getting hacked.

I want to give reply about this issue because its very important exchanges never been good choice because they cannot give you any reply in very quick time most of time they take too much time even some exchanges take nearly one month to give reply so please never deposit any funds in exchanges for security.

[swogerino]

Bitcoin transactions are irreversible,if you get hacked and the funds move away from your wallet there is 0% possibility to recover them.I am talking about your desktop software wallet,in exchanges is even worse as your funds are being managed by a third party so they can say that they got hacked and get away with it.The only true secure solution is to use a hardware wallet with a built in secure chip.

[jhonjhon]

Bitcoin transactions are irreversible,if you get hacked and the funds move away from your wallet there is 0% possibility to recover them.I am talking about your desktop software wallet,in exchanges is even worse as your funds are being managed by a third party so they can say that they got hacked and get away with it.The only true secure solution is to use a hardware wallet with a built in secure chip.

Right, that’s the one bad side of bitcoin transactions because if it has been moved to another account there is no way you that are going to get it back unless of course if the receiver give it back to you but in this case that’s impossible because it’s hacking, thus, it is very important that you keep your coins to hard wallets or wallets that is trusted to avoid scenarios like this.

[dkbit98]

NO.
But don't be scared rather inform and educate yourself about Bitcoin and crypto.

Most time hackers can not do much if victims don't 'help' them in some way.
We simply make mistakes, and they are taking advantage of that.


So they can hack:
1. your computer or mobile
2. your online account

What can you do to protect yourself:
1. Never answer to unknown emails
2. Never allow remote access to your computer
3. Never install unknown software or wallets
4. Never reveal or send your Private key to anyone
5. Keep you seed/private key in a safe place
6. Add additional protection and passwords  to your device
7. Don't trust quickly people in crypto space
...

[Little Mouse]

It all depends on you, if you choose an online or exchange to store BTC, it's very much risky. If you use electrum or any other wallet but store your private key without security, it's risky as well. After all, if you follow the best way like offline wallet, that be safe enough.

[BrewMaster]

i believe you might be confusing a bunch of stuff with each other. you say you want to invest in "crypto market" but then follow that up with using terms such as "account" and "invest in company". there is no "company" in this space that you can invest in and if you have something specific in mind then it is an entirely different question and has nothing to do with the "market". in which case you should to check the legitimacy of that company and then look for an actual legal contract. in this case there is no "getting hacked". there is only the case if the company scams you, that you can only pursue if you had that legal contract.

as for "account" you don't have any. you only have a wallet that you create and a place where you visit to buy coins and transfer to that wallet.
the wallet's security is up to you and how you secure your system for example using cold storage or hardware wallets,...

[jossiel]

Can you give example of that company that you are looking out right now? I think that you have been introduced wrongly to bitcoin by someone who's investing into HYIPs and cloud mining websites.

By putting your bitcoin with those 'company' you are likely to get scammed and not hacked.

[whtchocla7e]

If you want to talk about a company or a trading platform, when you hack some money with BTC you can ask them to support you. But for the electronic money market, the blockchain's algorithm does not allow refund, so if you lose or mistakenly send your money, it will not be able to be recovered.