I forgot my MyEtherWallet password. I don't see "forgot password" in MyEtherWallet website. Is this means that I can't change my password anymore? Anyone have suggestions about this matter? Kindly share it to me please. Thanks!
This password encrypts your private key. This does not act as a seed to generate your keys. You will need this password + your private key to unlock your wallet.Until now I don't understand the use of passwords when creating myetherwallet, when I want to transfer ethereum or tokens with a private key, there doesn't need a password, so I think if losing a password this doesn't matter.
For safety reasons, instead of opening your myetherwallet using password you can also use your private key in opening but I am telling you to be very careful when you're going to input your private key. Why ? There are lot of phishing sites that may get your key. If thay happened they can open your account and transfer all your tokens.