Post
Topic
Board Nigeria (Naija)
Re: Never save your Seed Phrase digitally
by
CryptoHeadlineNews
on 10/06/2025, 18:44:54 UTC
While the other one someone told me how he lose his bitcoin worth $1k , due to not having the proper knowledge he didn’t even bother to save the seed phrase at all ( you all know that is not like password you can’t retrieve back) is gone and is gone , so they actually stole his phone and the painful thing is that he bought the bitcoin when bitcoin price haven’t gotten to this stage it is now ( I think it was around $60k+) , now he has not only lose his phone he also end up losing his hard earn funds too .
It's sad losing your Bitcoin due to ignorance not knowing it's safety and security measures just as your friend just did, because to be frankly speaking, judging by the fact that he bought his Bitcoin when it's value was still around $60k per BTC, by now that Bitcoin has skyrocketed to $108k per BTC, I'm pretty sure his $1000 investment would now have been valued around $1800. But it's sad he no longer has access to it, and as such, this should serve as a major lesson to newbies to always know that knowledge is always very important.