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Bitcoin Price Is Higher Than Ever : Here’s What to Do If You’ve Lost Your Bitcoin Wallet Password

January 4, 2021

Mere weeks into 2021, the price of Bitcoin (XBT) soared to record highs. For those with money in Bitcoin or those who have simply kept up with the latest news on this trendy cryptocurrency, this rally comes as no surprise — even in the midst of the stock market plunges seen throughout the COVID-19 pandemic, investors have been so drawn to the cryptocurrency that it tripled in value in 2020 and continues to trend upward in these early weeks of the new year.

Bitcoin first surpassed its previous record of $23,000 — set in December of 2017 — exactly three years later in December of 2020, then passed the $30,000 mark in the early morning hours of January 2nd, 2021, then topped $34,000 just after midnight on January 3rd, less than 24 hours later. Alas, none of this means anything if you lost the password to your Bitcoin wallet and can’t access your cryptocurrency. Thankfully, there is such a thing as password recovery.

Does a Bulging Bitcoin Wallet Plus No Password Equal No Bitcoin?

There’s really nothing like a forgotten password to send you into a full-on panic. What does this mean? Did I get hacked? Am I going to be locked out of my account forever? These are the questions that swirl around in your head as you fly through your long list of possible passwords in an attempt to regain access to your account. It’s bad enough when you can’t get into your email account or your social media profile, but what about when you can’t access your Bitcoin wallet when prices are higher than ever?

Think of it this way: Losing your password and being unable to get into your Bitcoin wallet is only a testament to the safety and security they offer. Bitcoin Core and other crypto wallets put the ownership of the cryptocurrency in your hand, unlike popular stock apps like Robinhood that do not actually give you complete and total ownership of the currency you’re investing in. For this reason, you don’t want them to be as simple and easy to get into as your email or your Facebook account.

Still, understanding and appreciating why your Bitcoin wallet needs to be extra secure doesn’t make losing your password any easier. The first thing you need to know is that, no, your Bitcoin isn’t going to disappear on you while you’re locked out of your crypto wallet. You and you alone are in charge of what happens to your Bitcoin and where it goes, regardless if you can log in or not. No crypto wallet will pawn off your currency when you’re out of your account, and that’s a fact. The second most important thing you need to know is that password recovery is possible.

How Do I Recover the Password to My Bitcoin Wallet?

Before you get too panicked, try these password recovery solutions first. Right off the bat, if you haven’t done so already, run through your mental (or physical, or digital) list of your most frequently used passwords. It might sound obvious, but it bears repeating: Make sure you’re paying extra attention to any capitalizations or punctuation marks, because case sensitivity can be a real stickler. If you’ve done these things and you still can’t get in, it’s time to turn to a password recovery service. Fortunately, Datarecovery.com is here to help — no matter what the root cause of the problem is.

Forgot Wallet Password

If you’ve forgotten your password, Data Recovery’s engineers can utilize an arsenal of techniques and technologies — including over 20 servers and 100 high-powered Nvidia Tesla GPUs — to recover or break your password and get you back into your Bitcoin wallet in record time.

Accidentally Deleted Bitcoin Wallet

If you’ve accidentally deleted your Bitcoin wallet, fear not: As one of the most common causes of data loss, an accidental deletion of your Bitcoin wallet is no problem for Data Recovery’s engineers. While Data Recovery has a massive success rate, a “No Data, No Charge Guarantee” exists — this promises that, in the rare instance that Data Recovery cannot recover the wallet, the customer pays nothing.

Hardware Failure Lost Wallet

If hardware failure is to blame for the loss of your Bitcoin wallet, Data Recovery is still the place to turn to for help. After recovering nearly 2.5 million dollars in cryptocurrency from failed hardware, it seems safe to say that Datarecovery.com has the skills and the tools necessary to get you back up and running — wallet and all.

Corrupt Bitcoin Wallet 

From time to time, some users experience Bitcoin wallet corruption. This is not necessarily a failure of the wallet itself, but rather a failing on the part of the software or hardware the wallet is stored on. Regardless of the cause, Data Recovery can typically restore corrupted files in just a handful of hours.

The Bottom Line: Turn to Datarecovery.com for Bitcoin Wallet Password Recovery

Not only is Datarecovery.com home to some of the highest success rates in the industry, but the overwhelmingly positive reviews from consumers, businesses, and even government agencies truly speak for themselves. If you have run into any sort of trouble whatsoever when trying to access your Bitcoin wallet, odds are that Datarecovery.com can solve it. The same goes for dozens of other cryptocurrency wallets, as well. Contact Data Recovery today to get a free quote.