What if someone lost his Bitcoin wallet?

[jamesvince 2389]

If someone wants to recover their password then click on forgot password many wallets gave us this facility to recovery of password bur if you lost your private key then your funds may gone for you. 

[SuperCrypto 7193]

To maintain your portfolio, new technologies must be used to verify the identity of the entry. There are some technologies developed by many digital currency wallets that protect your wallet from the possibility of being compromised or impersonated. Therefore, some wallets activate the technology of identifying the entry identity from the handprint or face.

[khan188 536]

Well, If you only talking about the password. then it's OK. you can recover it by using the registered email address. The will sent to the link and you can reset your password. 

[Rares002 262]

If someone lost his private key, because I think you mean or we are talking about the private key, we dont loss a digital wallet maybe a physical wallet yes. So yes if we loss our private key there are not any option to recuperate what you have hold on your wallet.

[SuperCrypto 7193]

On 3/14/2020 at 8:49 AM, Qazi said:

if you have safe your credentials for recovering bitcoin wallet then losing your password is not a big problem you can recover by recovery option, keep safe credentials which wallet give you at the time of creating wallet. 

In addition, it is necessary to use a very strong password, as this process may make it more complicated for hijackers, and try to mix letters and numbers when choosing your password.

[Babubu609 0]

On 12/23/2019 at 7:08 PM, halloweed said:

That is the risk we have to take for choosing privacy and self control of money, when that happens there is no recovery.

We need privacy all the time since no one can be trusted what next to do is to  trust yourself to be save

[SuperCrypto 7193]

Store your private keys away from the Internet. It is self-evident to know that your private key is absolutely private and that only you should know it. Therefore, you can store it on a computer that is not connected to the Internet so that it does not fall prey to malware.

[SuperCrypto 7193]

Take advantage of concrete wallets because using a concrete wallet may be the safest way to store bitcoin. This wallet works through a key that comes with a computer running its own operating system, and is intended to run the bitcoin wallet.

[Crypto123 0]

Not quite sure, but I think some wallets can be recovered even if they lose their private key (via sites that offer this paid service), but this depends on the type of wallet some of them can be recovered and others cannot be recovered.

[Nezar 7169]

There are some wallets that provide symbols that you must save in order to retrieve your wallet if you lose them. If you do not have these symbols, you can communicate with your wallet support team and provide them with information so that they can retrieve your account on the platform.

[Treat1234 0]

If you lose your access to your bitcoin wallet, it won't be possible for you to regain the access to that wallet, unless you have the private key or passphrase to the wallet

[AmjadBydn 0]

If you lose your wallet so you will lose all your money 
some wallets has system securety  that will make you recover your wallet if you give them your information

 

 

[SuperCrypto 7193]

Your digital wallet must be well protected because if your computer is stolen and your private keys are not stored anywhere, you will lose the cryptocurrency that you had. Greater security precautions must also be taken.

[magd 5231]

It is said that it cannot be returned, but the attempt to repeat may succeed if you remember the password and its mail, then you may log on to the Blockchain website and log in with your lost wallet information.

[rianpedia 816]

On 3/18/2020 at 1:07 AM, AmjadBydn said:

If you lose your wallet so you will lose all your money 
some wallets has system securety  that will make you recover your wallet if you give them your information

 

 

In my opinion it can, but will not return the money or coins in the wallet because the status has been stolen, so you have to take lessons from each incident.

[SuperCrypto 7193]

There are several types of crypto wallets, and according to the type of each wallet, appropriate measures are taken to protect it from loss, but all types combine that opportunities are almost impossible to conserve after they are lost.

[Philippe2001 356]

If someone lost his Bitcoin wallet, he could not return the lost Bitcoin currency for life
There are only bitcoins in the years 2010 and 2009 as big water and yet they have not been recovered

[andrehol 16294]

If you have lost a hardware (cold) or paper wallet, then you have lost all the savings stored on it. But if you have lost the password to the On-line wallet, you can easily restore access to it using e-mail.

[deepown 0]

6 hours ago, andrehol said:

If you have lost a hardware (cold) or paper wallet, then you have lost all the savings stored on it. But if you have lost the password to the On-line wallet, you can easily restore access to it using e-mail.

Is that same way as saying, online and mobile apps wallets could be better than cold ones for as long as they are secure???

[andrehol 16294]

13 hours ago, deepown said:

Можно ли сказать, что кошельки онлайн и мобильных приложений могут быть лучше холодных, если они безопасны ???

No, a hardware or paper wallet is inaccessible to hackers, but it can be lost.  On-line wallet cannot be lost, it is easy to recover, but money from it can disappear as a result of a hacker attack. Each wallet has its own shortcomings.

[deepown 0]

1 hour ago, andrehol said:

No, a hardware or paper wallet is inaccessible to hackers, but it can be lost.  On-line wallet cannot be lost, it is easy to recover, but money from it can disappear as a result of a hacker attack. Each wallet has its own shortcomings.

I'm sure of you enable all the online wallet security available, then you will be the last targets of hackers, in that i have to say online wallets could be better, because they are recoverable.

[SuperCrypto 7193]

15 hours ago, rifat4393 said:

If you lost your wallet then your privet key helps you to recover your wallet. But, if you lost your privet key too then I think there are no way to recover your wallet.

Yes the private key is the most important thing you have to keep it safely and do not give it to anyone, so I recommend writing it on an external paper in a safe place in order to retrieve your digital wallet.

[SuperCrypto 7193]

4 minutes ago, GanDuba said:

What about seed phrase. You can call it recovery phrase. It is mostly needed to recover back your cryptocurrencies. 

Of course it can be considered the seed phrase is the private key for many types of wallets also to write it on a small notebook for my important information and I keep this notebook in a safe place.

[rianpedia 816]

2 hours ago, UT2001 said:

I guess this is the same that if someone actually simply never uses their wallet anymore or has some crypto stored in a wallet that they simply forgot they had.

Maybe it's not been too long to access the online crypto wallet. but it rarely happens like this unless the investment chosen is long term.

[Maroua 1159]

This is a sure thing. Those who deal without care will lose their electronic wallet, and this also applies to physical money. Just try to make your wallet safer more. You should not worry too much because anxiety generates pressure.

Edited April 7, 2020 by Maroua