HOW I LOST MY COINS!

1rq68r.jpg

You must be wondering where I'm going with this...

Let me start by saying "YES" its true....I lost some coins not too long ago...some crypto coins to be precise...

How did I lose them?

Capture.PNG

Good Question!!

Crypto isn't tangible like other coins so they didnt fall off my pocket and get picked by the next person. Nor was I robbed at gunpoint like the guy who lost his Bitcoins in Brooklyn...

I probably lost mine in the Dumbest way possible...

You see I purchased some Digibyte worth about $36 (got me around 680 DGB) right around June 3 when there was a bit of speculation that the price would go up! I quickly transferred the coins to my offline wallet to secure them. (Smart of me right!)

Well what followed was that I decided to add some extra security to the wallet so I created a passphrase for it and I went about doing more Crypto speculation and investment.

Over the next few days I got really got excited as there seemed to be alot of activity around Digibyte and it was looking bullish for DGB. I decided I should take advantage of the volatile price and trade the few coins I had. I get to my digibyte wallet and I key in my poloniex DGB address to withdraw the coins...

I am prompted for a password!!!

I smile back at my computer knowing well I could'nt remember what I had put as my passphrase

I take my first attempt at the password, then a second, a third....before long I've tried countless passwords, even my bank pin but NOTHING!

Nothing I tell you! Nothing!

I had literally no idea what I had saved as my passphrase! It was late in the night and I was tired when I created the passphrase and for some reason I didn't note it down.

THERE ARE MY COINS! DO YOU SEE THEM?

digi1.PNG

Its now been about 3 weeks now and I still can't recall my password but I still attempt to remember it everyday.

Long story short, I now own 680 of the most secure coins in the world...They're so secure that even I (the owner) can't get to them...So take notes and ALWAYS ALWAYS:

1. Secure your wallet with a memorable Password (do yourself a favor and make it memorable ).

2. Backup your password

3. Back up the backup of your password

And that dear Stemians is why I'm not sure I'll ever see my coins again.

If you found this useful UPVOTE, drop a COMMENT and RESTEEM it so more can learn from my mistakes.

Power to the Stemians!

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now