How to retrieve bitcoin with words

1. If your bitcoin address (bitcoin ID) is assigned by the exchange, you can directly ask the exchange for it, and you may need to verify your registration identity; If your bitcoin address is generated by yourself, you need your corresponding private key. Without the private key, you cannot retrieve the bitcoin address (bitcoin ID).

2. Find the private key and the platform account, log on, you can see your account information and bitcoin related information, of course, the premise is that you have to put bitcoin on the trading platform.

3. Do you know the name of the exchange before? Go to the non trumpet exchange to see if there is any exchange you used to have. If not, there will be no exchange

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Research firm chainanaalysis estimates that up to 20% of the existing bitcoin is gone forever. At the time of the study, about 3.8 million bitcoins could never be retrieved. In this article, we will explore all possible ways to lose bitcoin

1. Cryptocurrency hackers

the hacker behavior of cryptocurrency exchange is the main reason for the loss of bitcoin. Exchanges are hot targets for cybercriminals, and Mt. GOx is the first high-profile cryptocurrency hacker. Since then, many major exchanges have been hacked, including bitfinex, bitstamp and cryptopia, the cryptocurrency exchange in New Zealand, which recently lost 9.4% of its total holdings

The deceitful international security and Development Council (IsdC)

the people who have new access to encryption technology have become the victims of false initial token issuance (ICO). They publicize themselves as a new cryptocurrency investment and will get high returns. They use "fear of missing" (fomo) because the project will never come true and the money will never be returned to investors. Experienced investors know how to analyze the project according to the team to assess whether they have the ability to fulfill their commitments, whether they have a minimum viable proct, etc. One of the most famous fraulent ICOS is centra, endorsed by Floyd Mayweather

8. Pump and mping program

coaxing and mping are price manipulation. Swindlers use social media groups to hype projects or tokens called "junk money". Because they have no added value or real use cases, their value will increase exponentially overnight. As soon as the value increases, fraudsters sell their tokens. Soon after that, the price of selling a large number of tokens drops sharply, resulting in huge losses for those who hold them for a long time or buy them at a higher price. Celebrities or people are also used to hype the so-called "ng money"

9. Refrigeration equipment is lost or damaged

many people start using bitcoin when it is not valuable. They throw away their old computers, misplaced hardware wallets, etc., or their computers are damaged

10. Careless

send bitcoin to the wrong address, some wallets and transactions, all options to prevent users from sending bitcoin to the wrong wallet (non bitcoin)