Have you ever been stolen or lost your BTC?

[romero121]

I lost my wallet fund of 0.5 btc when it was a bitcoin was worth $1500. By that time I was very easy going and never thought my account will be taken control by someone else. My password was also quite complex, to my bad luck someone has taken control of my mail. Further through the mail they've entered the wallet moving the entire funds to a new wallet. After that I prefer 2FA for anything that is important to me.

[riso2015]

I was cheated by my friend so my 0.2 btc was lost in 2016 ago. I gave him my e-mail address and password, my purpose is to ask for help from him because at that time my Bittrex account could not log in. It turned out that he didn't help me but took my btc, but he didn't admit it.

[abel1337]

I lost my wallet fund of 0.5 btc when it was a bitcoin was worth $1500. By that time I was very easy going and never thought my account will be taken control by someone else. My password was also quite complex, to my bad luck someone has taken control of my mail. Further through the mail they've entered the wallet moving the entire funds to a new wallet. After that I prefer 2FA for anything that is important to me.

Being taken advantage of can make you more cautious about your movements. Hacking vulnerable wallets is not rare anymore today, It quite happens every day, As time passes hackers were used to adapting to new securities and finding a method to bypass the security of systems. Online wallets are the most targetted by hackers especially if it contains such amount of crypto/fiat or any asset that you have. That's why hard wallet is preferred by many, High security that almost only you can access.

[bitbunnny]

Luckily I didn't have any of such experience but I know quite a lot people who did. People don't care enough about security, don't protect their wallets and funds enough or are very naive and easily become a victim of scam. It seems that cryptocurrency users are especialy vulnerable.
Security is very important but no one else will take care of you so you need to rely on your own and take all security meassures that you can.

[ene1980]

Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?

We have numerous hacks in exchanges in the past and still you need more evidence to understand that keeping bitcoin in exchange is not safe, the only safe method is to keep the coins in your hardware wallet and if you are having proper antivirus software and keep all your software updated and never use cracked version then you are safe, always make sure you scan your system daily to make sure everything is working well and if you can make sure you follow these basics then you are safe.

[acroman08]

I lost 90mbtc(small value at the time) back in 2016 when coinbase suddenly locked my account and they never said anything as to why they locked it.
they're support was unresponsive. my account wasn't the only one who were locked. there were cases before mine and a lot more after. I never pursue the
issue any further when they didn't respond to all my complaints. I'm just glad I never use coinbase to store huge amounts btc and only use it to pass my funds
from one wallet to another.

[BonfireBob]

I bought BTC in 2015 for $200, I was hyped when it started booming back in 2017 and I kept it until 2018.

AND then one day I log in to my blockchain.info account and it is GONE... Till this day I can not figure out how they vanished, I had email 2FA maybe my mail was breached as well... I changed passwords and everything.

The feeling is hard, but you cope with it and move on.

[maydna]

I have a terrible experience in saving bitcoin at the exchange. At that time, I forgot to activate 2FA, which already suggested in the welcome email, and that makes me lose some bitcoin. From that, I always check and enable 2FA in every exchange, which I register because I don't want to get the same experience. Saving bitcoin in the exchange is not 100% secure because we don't know how good the exchange protect their website from the hacker or attacker. I prefer to move big money in the exchanges into a hardware wallet. In that article, I see that Ledger Nano and Trezor were mentioned, and that is the best hardware wallet you can have. It is our responsibility always to protect the asset, so we don't have to afraid of the attacker that might search a chance to penetrate our account.

[putukin]

Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?

Where do you keep crypto? Have you ever been stolen?

I had some crypto at Binance, however I lost some money when it was hacked. In any case, it was unpleasant

[jossiel]

I've lost into some scam before when I was a newbie to crypto but thank God and none so far if it's about hacked wallets, I've learned from the experience of others and I applied it to myself.

Ledger Nano S still working fine on my end and I don't think I'll ever replace it although I'm aware of the new update of their release. But as long as this is still good and supported, I don't think I'll get a new one.

[White Christmas]

I've experienced were I lost my bitcoin by sending it into a wrong address and I admit that it is my fault because of lacking my awareness, and besides it is because of the reason that the wallet address is very long to memorized and that's why I failed to transfer my btc into a wrong person. There is also a friend of mine who lost btc because of the malware we're he already copy the wallet address and when he paste it into the sending platform he accidentally send it into another person who are not belong into the transactions. That malware is where you will copy your address and when you paste it, it will be a different wallet address already.

[dentolas]

no way is a 100% safe, all you can do is to make things as difficult as possible for the thieve...
leaving currency on an exchange is trusting a third party with your funds and exposing yourself to attackes as exchanges are a central point for thieves to get huge amounts
having your own private keys and not keeping them online is the first step in protecting your currenccy

[anoufal]

Fortunately, I have never had btc stolen. Perhaps this is due to the fact that I try to protect my funds in every possible way

[Katashi]

I created my first bitcoin wallet via blokchain.info which is now blockchain.com and to this day i still use the same wallet and i am happy to say that i have never lost any bitcoin there. storing bitcoin where you owned the privatekeys is highly recommended and securing your privatekeys is your obligation as a holder.

[Zeke_23]

I created my first bitcoin wallet via blokchain.info which is now blockchain.com and to this day i still use the same wallet and i am happy to say that i have never lost any bitcoin there. storing bitcoin where you owned the privatekeys is highly recommended and securing your privatekeys is your obligation as a holder.

It only shows how responsible you are,
I have been in this community for almost 2 years and I happened to lost my btc due to my lack of responsibility for my wallet. I am confident before that it is safe since it is an online wallet and no one actually have any information of it. But I didn't expect that it can be stolen for an unknown reason, luckily I didn't put all my investment in that wallet.

[Eugenar]

Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?
There must be a comparison based on the number of incidents, statistics, etc.
I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet?

Where do you keep crypto? Have you ever been stolen?

I haven't been robbed yet, But I lost my private keys.

Worse, because I was so careful it was gone. Because I wrote it on paper and I deleted all the copies on my pc. I didn't even know where it went and how I could open my wallet again. My lesson is to be careful and also keep the right mindset. And of course we have a back up so we have another option to do if we ever lose our copies of the private keys.

That's sad to hear, it happened to me as well, I lost my private key, I thought I already back up my phone, then my uncle reformat our computer, he asked me if I need my file, I was so confident and said I already have back up on my email, but when I was about to exchange my tokens then I cannot find my private key anymore. The $1k was gone.

In this scenario, I see that most of the cryptocurrency users are having their disasters based on their wallet key's or private keys not getting hacked, but getting missing. I highly suggest that they store their wallets to an external drive, or in particular, an external wallet such as ledger or trezor. Or else, risk their wallet information in a cloud based storage that might be exposed to fraudulent activities to their accounts.

[darkangel11]

No never although there were times I was very close to it. I had money on a number of exchanges that went bankrupt like BTCe but it was only a short time and I took everything out before they shut down. I've never been hacked and never lost coins due to hardware failure or a virus. I can call myself lucky.
I also had money in some cloud mining companies and also withdrew early before they disappeared. A lot of it was thanks to people on this forum who busted these scams and warned me.

[iMark]

Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it?

Saving funds in a wallet exchange is quite dangerous because it is feared that if the exchange is hacked, the funds belonging to its members will be threatened. So it is important to choose an exchange that truly has a good reputation globally, and you must wisely understand all risks and provide multiple security.

I think the news about exchange sites that become scams or hacked teaches us that saving all money on exchanges is not wise thing. Moreover there are many exchange sites that have bugs or other problems, sometimes your money is lost when depositing or withdrawing and more worst the exchange site has a very slow response. There are many risks when you save money in exchange. I suggest saving money in exchange in accordance with funds for trading only. The exchange site is not for storing all your funds.

[Wawa2013]

Thanks God, I have never been stolen by Hakcer. Even though I only store my altcoin assets in online wallet, I don't store my assets in hardware wallet. The thing is I also feel that my financial funds are not big, so maybe hackers are not interested in small money.
But this is also lesson for me, if I have large asset either bitcoin or altcoin I will store it in hardware wallet to be safe.
 

[djsugar]

I think everyone who has been in cryptos for more than a year must have experienced some kind of fraud or theft. Many people get scammed because of fake wallets, phishing websites or fraud exchanges. I got my fund stolen by one such exchange and the amount was 1.5 btc. That exchange went down giving a reason of database issue and then they sold all the cryptos and never came back. Since then, I prefer keeping my coins in a secure wallet and never on exchange unless I am trading.