In my experience, I haven't had any cases where bitcoins were lost due to an incorrect address (or something similar). This is because I usually double-check the address.

If you don't check your bitcoin addresses, you'll one day tell us a new story about how you lost a bitcoins (but with details from the original source).

Of course, I've lost a bitcoin by accident, but those were due to "errors" of a different nature, namely, the recipient's dishonesty.

Did the last few digits of the address match correctly with the numbers on the hardware wallet screen?

I lost my bitcoin (not much) by writing down seed words and my writings were too bad. Later when I tried to import the wallet, some of the words were not accepted and I gave up after trying a while. It was the first time I actually was aware of wallet backup importance for my bitcoin and how to do that properly.

I did back up the wallet, wrote it down, but I did not test what I wrote. It's recommended by Lopp in his guide and for anyone who are still doubtful about that step "test your backup", my story can help them.

How to back up a seed phrase?

I've been in the crypto space for quite some time now, and fortunately I haven't experience this one aside from the fact that I haven't get scammed or hacked a well.

Looking at the address is what we always say and you know what, it's a MUST whenever we want to make transactions. There are some instances where the hacker already breached a device and before the sender know it, they're pasting the wrong address already instead of the address where they originally want to send those assets. It's becoming common, and that's why as a responsible investor, we must always look at the address where we send our money.

What am I conscious on? The receiving address. I always check that it's the same, and there are often times where I look at every letter and number of it just so that I'm sending it to the right address.

Checking the address two or three times is good but for me, I would like to send a small transaction to test and confirm that my device is good, not infected and nothing wrong with my transaction.

If there are any malware, virus to steal my coins, it would happen with my small transaction. So if that small transaction was sent well, I have more belief that I am save, and my bigger transaction sent some seconds or minutes later will be well too.

Accepting to spend a little bit satoshis for transaction fee of a small transaction to test, is acceptable for me, to make sure that I won't lose big money later.

Those who use gadgets, in my opinion, can somehow justify their inattention when sending and an error when entering an incorrect address. But anyone who sits in front of a monitor, having plenty of space to compare and carefully check the address, slowly and literally character by character, and still makes mistakes must assume the label of a fool, someone who has great opportunities but stubbornly does not use them. To be honest, I really don't like using my gadget in all its proposed directions, but I use it exclusively for the purpose that it is required to carry, namely for conversations. Everything else can be checked on a large monitor, error-free, calm, and very convenient.

But if the OP explicitly states that he does not verify the entered addresses, then this already says more about him 🤷‍♀️(who he is) than about all his devices and methods of handling cryptocurrencies.

Yes. I lost my bitcoin after sending it to a random bitcoin address copied mistakenly from my wallet. I was supposed to send the bitcoins to my other wallet for storage, but eventually, after a while of copying the address, I came back to the wallet to study, and I didn't cross-check the address. Unfortunately, I realised it after hitting send. After waiting for hours without receiving the coins, that's when I knew I made a mistake. Lucky for me, the amount was not above $50.

yes i lost some bitcoin few years ego, it was a fcfs event which I wanted to claim asap i have fund but wasn't enough that's why I want combine with a trusted person who also has he same idea thats why I give a offer in trusted telegram group but later a admin respond me in DM. I have to do it asap thats why i wasn't able to verify that person. when i sent bitcoin he immediately block me and disappear from telegram. i was always cautious but this simple mistake make me loss fund for the first time.

Even though I have not lost Bitcoin, it's a lesson we all that when ever you are trying to make any transactions it important that we take our time and not be in a hurry to do it. The reason is Bitcoin is not like our normal banks were transactions can actually revised, since Bitcoin is a once sent and everything is done thing, there is need to always cross check especially the address you intend sending the coins to.


Another thing is to ask the person that you are sending the coins to confirm the address that is given you.  The essence of asking the person receiving to do a cross check before you send is to eliminate mistake and error which may occur in the process of sending due to human errors.

Actually, many banks and ewallets have updated their terms and policies. If a transaction is authorized using your registered device and the required OTP, you are generally considered responsible for it. If you accidentally send the money to the wrong account, it is treated as an authorized transaction rather than fraud, which means it is often irreversible.

While you can still report the mistake to the bank or ewallet, recovery isn't guaranteed, especially if the recipient has already withdrawn or transferred the funds. That's why it's always important to double check the recipient's details before confirming a transaction regardless if its on crypto or banks/ewallet transfer.