Recently, I have experienced one of wallets being hacked which is very tragic for me. The hacker stole my SGG coin and UTK coin(which have been just distributed). What happened made me realize more how hard and hopeless it would be to recover what has been lost. The hacker stole a big amount which I planned to be used for house restoration but since it is all gone now, all I have is regret. Some people says that blockchain is safe but I don't believe that since day 1 because if it really is then why do people get hacked.
It's just a matter of how well you manage your account because no matter how well you protect your wallet hackers can always find their way, as part of mitigating and preventing risk, you can try backing up or try placing your cryptocoin in different wallet don't focus all your account in a single wallet because a wise investors knows how to spread or place his/her investments.
That is true but I have been managing my wallets well. I make sure that I am posting my address and not the key but since hackers are really desperate and smart, I got hacked and I have no idea how it happened. I know the saying "don't put all eggs in one basket" but I wish that the security for the crypto wallets be increased. The population of crypto earners are growing and I wish that the facilities like wallets, exchanges and etc. will also update themselves.