Possible ways to lose your crypto and how to recover them Cryptocurrencies are the future of finance thanks to their improved network for cost efficiency and security without taking away your autonomy over your money. However, this is still far from perfect with various means to lose your cryptocurrencies. Losing your cryptocurrencies can range from honest mistakes to falling victim to scams. All wallets come with extra security both to be user-friendly and theft proof but there is no such thing as a perfectly safe system in such a lucrative economy.