Can You Lose Bitcoin? Private Keys and Wrong Addresses
bitcoin can be lost: without access to private keys or if sent to a wrong or unspendable address, coins are irretrievable on the blockchain. Secure backups and address verification prevent loss.
Losing Your Seed Phrase: Permanent Loss of Bitcoin
Misplacing your wallet seed phrase can mean irreversible loss of bitcoin. Without the phrase, private keys cannot be recovered; backups and secure storage are essential to prevent permanent, total asset loss.