This is why using same password for everything is not good

[bitmover]

If database of the service A leaks, you will expose the password for all other services  B, C ,D, E, F and G as well.

That's the assumption, that's why it is recommended to have different passwords. But technically, websites especially newly created ones have standard way of hashing passwords like Bcrypt or Argon2i which cannot be decrypted or what you ever call it. But let's just assume that's that for safer routes and practice security when creating passwords.

Yeah, hashing passwords is the best practice. But many websites do not follow the best security practices (and we often create accounts in poorly developed websites), and passwords do leak. Even some password managers find a way to leak passwords, unfortunately....

[CryptoYar]

This story is worst type of Secret HODLer's nightmare. So it is not that funny when you realise that Kunle's 1 BTC is now public asset of his house. Once that sibling cried out, privacy that Delin had enjoyed over his investment was gone and never coming back. It is cold reminder that in Bitcoin world the places in real world are just as perilous as hacker or phishing link.

Problem here was not using same password, but combination of this with the False Sense of Security as people who have lived in comfortable environment. You do not act on your guard when you are under your parents roof and that is when Murphy's Law strikes the most. Kunle now finds himself in Financial Trap.’ He cannot spend BTC on school fees otherwise his future is ruined, and he cannot if he does not spend it on them, he appears villain before his family.

[As-Soon-As]

It is not advisable to give the hardware wallet password in line with the phone password. Since its younger brother has opened the hardware wallet password by guessing the phone password, the privacy of this Bitcoin has been leaked.
Therefore, if someone is using multiple wallets and has deposited Bitcoin, he should definitely use different passwords, because all the eggs should not be kept in one pair. Because the stronger the password, the more your Bitcoin will be safe and secure for a long time.

[TastyChillySauce00]

Never ever use the same password for your phone on your crypto wallet or hardware wallet.

It should be the default practice for people, there are billions password combination leaked by hackers and some of them could be ours, if hackers are brute forcing with those leaked passwords our account might get compromised.
The best way to do this is to generate random password for every account and write it down especially if it's a hardware wallet. It's good that this story doesn't end in misery, imagine if the brother sold his bitcoin .

[Lucius]

What is the hardware wallet in question? The devices that I have personally used have a PIN that needs to be entered to unlock the device, and even when you unlock the device, you need a UI with which to view the balance, and that same UI may also have a password.

Honestly, it seems to me that this is just one more in a series of fabricated stories that I have read hundreds of in this board, and almost all of them come from users from the same local board.

Let's just say OP sometimes confuses a PIN for a password. It's possible.

Be that as it may, I guess this is the same user who also shared a story in the past that seemed to be too ridiculous to be real. If he/she weren't that person, then they're not too different from each other.

OP also loves to share stories. Other than the one he/she shared today, he/she also shared he/she knew of somebody who was kidnapped and was asked to pay ransom in Bitcoin.

He/she also once shared a story that his compound was raided by the authorities and his/her trusted neighbor arrested for being a Bitcoin scammer.

He/she's got a lot of stories to tell.[/size]

There are a few of us who didn't fall for the most likely fabricated story, but the OP achieved success and earned a couple of merits, which was the ultimate goal. Just imagine that now his entire village/town knows that a specific person has 1 BTC worth over $80k - because if we know, all the neighbors probably know, which is enough for it to spread like a virus.

Fortunately, no one actually gets hurt in fictional stories.