Losing private keys:

[Majd103 55]

It is considered a fatal flaw in the cryptocurrency market where it becomes impossible to access your portfolio neither you nor the project that you invested in.

[Roomi 1119]

37 minutes ago, Majd103 said:

It is considered a fatal flaw in the cryptocurrency market where it becomes impossible to access your portfolio neither you nor the project that you invested in.

Private keys are not only keys these are your funds. There is no possible way to recover your funds without private keys and i think this should not be take negative instead it should be carefully handled.

[Maaz sultan 265]

Thats why i an telling everyone keep your private safe and secure place and always have an recovery option on your if you forget your password i will recover if you enter an recovery method on .

[sdsonjoy50 886]

You will protect your personal key or password, and it is better if you write on paper, because wallet passwords and exchange sites need a lot of passwords, you will face many problems if you lose your personal key.

[Migo 7946]

Private keys are the most important in any wallet, if you lost your keys then you can say goodbye to your coins, because it is impossible to recover them, there is no way to do that, so keep you private key in somewhere safe and easy to find, to avoid hacking and forgetting too

[Great Commander 659]

Private keys are irreplaceable and non recoverable. Once you compromised the private key, chances are all funds will be stolen or you will completely lose your access. 

[fuer44 1083]

do not lose it, if needed, store it in two internal and external storage and also make a backup. because it is a key that cannot be updated anymore. if what is lost is the password, it might still be fixed but if what is lost is the private key, it is a very fatal error.

[Rahul21 626]

Many of the wallet's passwords and private keys have actually been lost, and I have seen many people posting like this.  So I think if we write down our important passwords in an account, we can use it as we need it, and if we don't really value it through online then it is a possibility of hacking and fear of losing.  So the tie is very important to keep our passwords secure.

[pakjobhelp 1585]

12 hours ago, Majd103 said:

It is considered a fatal flaw in the cryptocurrency market where it becomes impossible to access your portfolio neither you nor the project that you invested in.

Boss i cannot understand your message what you want to say. In my opinion you want to ask about Wallet shuffle keys which you need for recovery your crypto wallet account if you lost these keys then you lost your crypto coins.

[Afrizal rahman 2636]

12 hours ago, Maaz sultan said:

Thats why i an telling everyone keep your private safe and secure place and always have an recovery option on your if you forget your password i will recover if you enter an recovery method on .

Yes it is true what you say, we must have a recovery place that makes our passwords secure, and passwords must be stronger and not easily known by others. Yes, I agree with you.

[BTC Future 3946]

If you lose your private keys perhaps not all is a lost as there is a way to access some wallets with a mnemonic phrase or with a json file and a password. Before losing all hope try and remember if you perhaps written down these too. Otherwise consider your crypto lost and unretrivable.

[Syedbesharat 5423]

16 hours ago, Majd103 said:

It is considered a fatal flaw in the cryptocurrency market where it becomes impossible to access your portfolio neither you nor the project that you invested in.

Its a double edge sword.It can make you most secure and also make you lost all your assets.If you lose your wallet or account password you may some time recover it but most of time you could not like BTC wallet password and Phrase.

[Romaan1987 601]

18 hours ago, Majd103 said:

It is considered a fatal flaw in the cryptocurrency market where it becomes impossible to access your portfolio neither you nor the project that you invested in.

Private keys have very important place in crypto world. Private keys are considered as funds. There is no other option to recovery your funds without private keys. also there are so much risks involves when you put your private keys in any scam site.

[babaji 1228]

Incase of your atm card, don't loose your pin

incase of your credit, debit card don't loose your cvv number.

Incase of online backing, don't loose your phone number.

There is always something you need to take care of, when it comes to money, after all its your money, and you are responsible for it. So don't loose your private keys.

[alexisfuentes 2130]

Hi friend, your way of thinking, is the traditional and does not understand the concept of Blockchain. the reason why there is no way to recover it is because that same system would make it insecure.

 

A private key represents your money, it is as if you had a diamond, a gold coin or fiat money and you lose it, there is no difference. 

 

[teminalibug 309]

If you use online wallets at least the site holds your private keys, but paper wallets and hardware wallets are risky.

[Ali_hmwi 966]

no key no seeds no coin no life.

so try to use Mega or Dropbox there is alot of good applications to save everything you want or all that will be gone if you didn't be so carful about your money.

All the best 👍💯...

[Oluwaseun 522]

This is not very encouraging at all. I have lost assets because of this and I could not retrieve the assets anymore. It will be important to back up these important information so as to not suffer any loss just like I did in the past. Your financial security is in your hands.

[Honny143 13612]

When your account want safe and secure the account exchange gives access give private key to operate your account when you loss the key you can't recover the key its generate once one and the exchange not give another key you loss your earning and your deposits its mean the account is freezing no one operate the account so be Care your key store in 4 or 5 place to recover next time 

[MohammadMohsin 569]

You're right. Cause if someone loses their private key to their wallet their all money is gone. So everyone should secure their private keys as much as they can. 

[Beeba 240]

Respected member if you loss the backup key of any wallet account then you lost your crypto coins because there is no backup i know so far. The crypto world design the decentralisation strategy. 

[bentayebsalah 2280]

Losing your private key
It means that you lost all of your coins on the wallet and this is a fatal and irreparable mistake

[mskhatri24 299]

I think to lose your private keys  of your crypto account is the worst nightmare any person have, we should careful toward our private keys as it is very important for to access crypto account and if you miss this then you miss all your hard earn money there.

[Jokeer 648]

The private key is the most important thing for every crypto wallet because of if somehow the key will be lost then it's almost impossible to recover. So, we should more careful about the private key.

[saddamali 194]

You do not recover anymore but if you have keystore file and password you can recover your account and you got your private keys by importing.