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Majd103

Losing private keys:

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Losing private keys is the end, whoever loses his private keys loses his money, bitcoin or any cryptocurrency from the wallet cannot be recovered when we lose private keys.

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Fraudsters will not be able to steal you through public keys, but private keys are the main secret code for your wallet as they will easily be able to steal you. Therefore, we always recommend that you do not share the private key with any party, site, fake webpages, or even honest websites because honest sites do not require private keys.

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If in any case you lost your private keys and couldn't recover the backup, that means you will eventually lost your coin forever too. So I strongly advise to write up your private keys on a paper or hardware to keep privately just incase.

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1 hour ago, Zalaks007 said:

If in any case you lost your private keys and couldn't recover the backup, that means you will eventually lost your coin forever too. So I strongly advise to write up your private keys on a paper or hardware to keep privately just incase.

People are not getting thks rightly, not only your private key can be used to recovery back wallet or cryptocurrencies, the advisable one is even seed phrase which can recover back the whole wallet at ones. 

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Unfortunately, losing it means losing your various currencies and all that you own, and for this reason, the emphasis is on keeping them in more than one copy and in more than one place in order to avoid losing them, and many cryptocurrencies have been lost in this way, we show recklessness.

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Private keys are very important specially if you are using it to store your cryptocurrency. And it is a big problem when you loose if you will never get back what you have in your wallet. So be careful as always and have back up to your accounts and private keys.

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Been you in Crypto community, you have to be extra careful, your confidential details, your inclusive information, your private keys are meant for you, no matter what don't disclose them to strangers, foreign sites or links. Your privacy is for you and you alone

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yes and i consider this as a positive thing , it is very important to deal with private keys for wallets or anything else , because when you lose  your wallet's key don't bother trying to recover then because you won't which also mean no one can steal your money without key and this is the important part

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On 8/9/2020 at 12:48 PM, Mahmood9 said:

To ensure the safety of your wallet and access to it at any time and not to waste its password keys, I advise you to write it on external papers and keep it in a safe place where you can return to it in case you forget it

Password and private keys are two different things in the case of cryptocurrency wallets. Some wallet ask you to create a separate password to protect which is other than wallet's private key. Wallet's private key is more important so keep that in the safest place.  


 

 

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You always need to create multiple secure keys! Because, in case of loss, you can be left without your funds! And this is very sad and unpleasant. We need good security! Good luck.

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Private keys are not only the keys to your funds but you can say they are your funds and they are the only way you can access your funds. This is what makes crypto space decentralized.

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If you lose your private key its mean you loss your account because in the crypto market you need to secure your private key and also other account details becasue these are so much important and in this market security is so much important and the private key is your basic security for your account.

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private key is a combination of character as well of numbers , this is like heartbeat of our wallet . accidentally if we lost our private key then their is not any way to recover it . we must store our private key at safe place.  

without private key their is not any way to recover our wallet .

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Your private key is the only information you can use to get access to your wallet so for that reason I will advise you to always make sure you store it in a safe place that no one will see or write it down in your diary so that you can get when ever you wish.

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On 1/18/2020 at 10:53 PM, 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.

I have got in to this situation for multiple times but I didn't loss more. Even if I keep them in screenshots and copy them I forget where I have save that private keys. But I have now managed by making separate folder to keep my private keys. So, that I won't lose my coins.

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For the privacy of your wallet , the rule is so strict that you cannot recover your account if you lose your private key. Well, you should give your private key as much importance that as you give to your atm pin. You can store it in your phone or your pC in a file where no one has access.

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If you are not able to get your private key or you lost your details saved somewhere, only the option to get back to your account is entering your -12 phrase backup or recovery keywords. This is the last option to get your account back. But this also need to be remembered or kept somewhere for future access in case of loss.

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On 1/19/2020 at 1:48 AM, Roomi said:

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.

I agree with you losing your private keys means losing your assets since you cannot access if you don't have your private keys so i suggest always keep your private keys with you it os better to write iti n physical paper and keep it to yourself.

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Losing your private key is directly telling one that they have loss all of there funds completely because without the key no one can get access to the wallet and the funds will last there forever untill the end of Cryptocurrency, always store you key in a safe place to avoid complete loss of funds.

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I believe that losing the private keys or the password means that the person is completely vulnerable to theft. If the normal state is to preserve the private keys by keeping them in a separate storage unit, or at least writing the private key or password on a private notebook, security is the basis for anyone.

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Losing private keys is the end, whoever loses his private keys loses his cash, bitcoin or any cryptographic money from the wallet can't be recouped when we lose private keys.

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Once, out of stupidity, I reinstalled the operating system on my computer. The crypto wallet was installed on the computer and the secret key was saved in a folder on the hard disk. As a result, I was left without a wallet and money on it in the region of $ 500. It's good that this was not the main wallet, but an experimental one for one specific coin. But I learned a lesson for life

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Do not forget the loss of private words, you lose the ability to access the wallets, and thus the servers remain in the wallet, as well as the websites and platforms, so forgetting the special passwords or passwords will lose the ability to enter our accounts, so it must be kept on multiple copies and distributed in different places.

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