Stupid mistake newbies still do till date

[cytpoway121]

Quit underestimating wallets and figure out how your wallets works either its ETH erc20 based wallets or multi walllets,you lose your private keys or recovery seeds you lose your coins and tokens,I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now,its like some still don't have the foggiest idea how genuine there wallets recovery seeds and private keys are,quit playing with wallet private keys and take them more serious like you doing with your bank account.

This is what happens when thorough training or lessons were not undergone duly.
But man is meant to learn everyday; but I advise all newbies to be patient and calm

Once you lose your private keys; you remain vulnerable

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[TheICE007]

Well I think as a newbie ,before venturing into things like wallet creation, you definitely need to read and also ask questions, private key is not to be played with. If there is one thing to keep safe, then it should be your Private key this is because anyone that gets hold of it can get access to your wallet.

[coinswebid]

newbie will always doing a big mistake,
if they don't want to learn how to keep their important data such as Private Key or Recovery seeds in the safe place mate
i think a lot of informations in this forum about how to keep our important data safe, but a lot of newbie is lazy to read about that

[jack wira]

If something like that happens it is very dangerous for the owner of the wallet, because privatekey is the key to our assets so we must have to store it properly, for newbies should first learn how to maintain account security if it is new understanding to follow the bounty project.

[Stanlo]

The more newbies are entering into crypto space they will keep doing this silly mistakes and i just find out that some newbies are even joining some useless IEO projects on some unknown exchanges,its really weird that people are engaging into something they knew nothing about,its like going to war without knowing the type of enemies you are going to face,they lose right from the start lol

[michellee]

That is because new people don't know how to protect their private keys, so they give the wallet plus the private keys to other people. Maybe they get a lack of information about how to saving the private keys and don't give to other people, no matter if the wallet has any tokens or not. But that is happening in around us, and I think we can explain them not to give the wallet with the private keys to other people because that will be too risky.

[slaman29]

Most newbie they never learn, some thinking that crypto space is a place were you can get profit easily, and can store it easily too.
They've became neglectful in keeping what is important to be keep like private key, password, seed phrase and etc. Which is supposed
to be save somewhere in usb, or making bakcup if they use pc something like that.

That's because there are all these guys going around TELLING these newbies that you can get profit easily and store profit easily.

Everyone wants easy wallets, or wallets that give you 50 cents for signing up, nobody really wants a difficult wallet that you have to remember a seed word and then encrypt with your own password and if you lose it there's no recovery.

That's the problem.

[Little_king]

Lot of newbies can be funny at time even those that are old in the game at time still do some stupid act in regard to the private key and password phrase to their wallet.

Newbie are suppose to be tot how important the keys are by their people or who got them in to this game but many are not that thinking straight of how important it is to key it serious like there is no other way than its their life line which must not be break.

[Ucy]

I  agree with you ...even though I don't think bank account is a good metaphor. Your Money don't get lost forever when you give out your national bank account to someone to send you fiat currency. Ethereum is quite different and complicated Blockchain. People especially the newbies should sometimes be educated on typical Ethereum wallets and how they are different from normal national bank accounts.

[laskybok]

Every details as regards the security details of one's account or wallet, I will recommend should be stored on an external drive. You can duplicate, peradventure one fails or crashes.
Such details should not be starred online or any folder connected to the internet.

[carlfebz2]

Quit underestimating wallets and figure out how your wallets works either its ETH erc20 based wallets or multi walllets,you lose your private keys or recovery seeds you lose your coins and tokens,I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now,its like some still don't have the foggiest idea how genuine there wallets recovery seeds and private keys are,quit playing with wallet private keys and take them more serious like you doing with your bank account.

Lacking knowledge is one of the reasons why we do commit such mistake and sometimes these things are needed for someone to learn up the importance of their PK's.
Its not necessary to experience such thing yet myself didn't come to any hacking situation of my wallet because I do read up the importance of keys specially these are needed for your wallet to be accesses and part of your common sense,who the hell would give those keys publicly?

[Bossfidelity]

I realised that one doesn't stop learning as long as you're in this industry, there's always something new to learn. Some of the persons that make mistakes with their wallet are not newbies, but probably didn't remember or mistakenly copied the wrong information. We all need to be careful in managing our wallet, some people even fill their private keys on airdrop forms, thinking its the public keys.

[Soberb]

If one loses ERC wallet private key, there is no other way to recover it and have access to one's portfolios. So one should be very careful about their private key. One can save it on computer and email. But saving it in email is the best way not to lose it. 

[sehoon]

I think these newbies are actually misguided or they are just trolling people here. If you're gonna make a wallet, MEW always tell you that you should not reveal important files or things that may harm your wallet. Or they simply not read this things and just clicked on the okay button.

[elisabetheva]

Quit underestimating wallets and figure out how your wallets works either its ETH erc20 based wallets or multi walllets,you lose your private keys or recovery seeds you lose your coins and tokens,I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now,its like some still don't have the foggiest idea how genuine there wallets recovery seeds and private keys are,quit playing with wallet private keys and take them more serious like you doing with your bank account.

But it all depends on the newbie too, why to lose his wallet?
because I followed crypto from the beginning, I wanted to learn a lot from the experience that happened and was always not shy about asking someone who knows better. can be ascertained if we learn a lot surely there will never be an experience like that.

[kumala_abi]

I think these newbies are actually misguided or they are just trolling people here. If you're gonna make a wallet, MEW always tell you that you should not reveal important files or things that may harm your wallet. Or they simply not read this things and just clicked on the okay button.

myetherwallet always give us warn when we will access our wallet, moreover if using private key.and if some people still make basic mistakes they have to think again wit their concentration.their mind not in market maybe, and should take a rest for a while to avoid same mistakes in future.newbies need learn again about everything in market or they will loss their money.

[ven7net]

You're right! You need to take your personal data seriously, especially if these are secret keys or passwords for your wallets. Many people lose access to their wallets because they often do not correctly use the information received, so most of this information is sent by scammers in order to gain access to your data. I also think that it’s enough to play these games and you need to be more serious about storing your data from wallets.

[jazmuzika217]

Yes you are right. Private key is very important. It is like your personal pin at your ATM card,your passbook to your bank account and the combination to your vault containing lot of golds,that no one can never have or know about it. Make it secure everytime and don't play with it. Be professional. When we talk about private keys make sure we talk about serious security.

[iMark]

Quit underestimating wallets and figure out how your wallets works either its ETH erc20 based wallets or multi walllets,you lose your private keys or recovery seeds you lose your coins and tokens,I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now,its like some still don't have the foggiest idea how genuine there wallets recovery seeds and private keys are,quit playing with wallet private keys and take them more serious like you doing with your bank account.

But it all depends on the newbie too, why to lose his wallet?
because I followed crypto from the beginning, I wanted to learn a lot from the experience that happened and was always not shy about asking someone who knows better. can be ascertained if we learn a lot surely there will never be an experience like that.

I experienced this when I was still early to join. Don't understand what a private key is, or losing a keystore file. and many other carelessness. Newbies very often experience carelessness. but that's a natural thing right, because they still don't understand much. all they have to do is learn from experience and keep reading.

[SaidNurs]

Generally beginners when entering the world of crypto do not know the workflow of the project and the terms used in crypto are a natural thing. But if you have lost your private key is a big mistake, worth a private key that should not be spread publicly. Then beware.