Beginners - Keep your rooms clean, keep your backups ready to use & bring away - page 2.

Plaguedeath

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Quote from: Lucius on March 07, 2023, 07:16:49 AM

Whatever you do about it, don't talk about it to friends and acquaintances, but also to family members who don't know how to keep their mouths shut.

It's easy to avoid to talk it with friends and acquaintances, but for family members it seems to be tricky because you don't have a way to make sure they will shut their mouths and will not making any mistakes.

Imagine you have teach your family members about Bitcoin and your backup, they will remember today and maybe until the next few weeks. But after a year, they might either forget or they might accidentally mention if it's your Bitcoin backup when your family members discovered it.

Lucius

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Quote from: ?? on ??

You have just labeled yourself as a careless person in this forum. Your mom put your backup phrase into a garbage can, so it was probably on the floor which is why she was able to sweep it and throw it with the garbage.

Read the OP a little better, because he just showed an example of another member, it's not his story.

Regarding the topic of backups, there are hundreds of similar threads discussing how to achieve the best security and reduce risk to a minimum, but there is no single method that can be considered absolutely safe. One backup is generally a bad idea, but multiple backups in the same location also doesn't make much sense.

Unfortunately, most people cannot afford to keep their backups in different locations, so you have to be innovative and creative. Whatever you do about it, don't talk about it to friends and acquaintances, but also to family members who don't know how to keep their mouths shut.

Jon_Hodl

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I have my seed words stamped into steel and in a safe location but in the wake of the recent train derailmemt in east Ohio, I have had to re-evaluate where I store my seed phrase.

Ideally, you want somewhere that is accessible and permanent but if the air becomes unbreathable due to chemical fires, you won't be able to access it.

Having a backup location, with your seed phrase is probably a good idea. It is also showing me the importance of using BIP39 passphrases to add a layer of protection if I need to ask a friend or family member to keep a copy for me.

Razmirraz

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I don't think you need to create a new thread to share this funny story. There is lots of advice on how best to protect your backups that can be taken away in an emergency or when you change domicile. Your two suggestions are among the many suggestions that can be used for wallet backup, you can post there because the direction is still on the same track especially since the topic there is still open for anyone who wants to bring it back up.

sheenshane

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Quote from: BitMaxz on March 06, 2023, 07:07:27 PM

It's the same as what happened to me the only difference is that you are lucky that you still find the paper backup in the garbage compared to mine where they already burned my backup paper.
That is why I decided to put all paper backups in a storage box that includes my important documents and I told them not to touch my storage box without my permission.

Storage boxes or let's say a metal vault might easily to spot from stealing.
This was what I suggested to my friend a long time ago, in your room if you have books, just place them there by the book and spread your private key per page, the book that has a strong cover. A book also usually didn't mystically throw in the garbage.

It's essential to keep your backups in a safe and secure location that is inaccessible to others.
This can help prevent theft or accidental damage to your backup, which can be devastating if you need to access it in an emergency and if you find yourself in a situation where you need to quickly access your backup, you'll know exactly where to find it. This can be especially critical during emergency situations when time is of the essence.

BitMaxz

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It's the same as what happened to me the only difference is that you are lucky that you still find the paper backup in the garbage compared to mine where they already burned my backup paper.
That is why I decided to put all paper backups in a storage box that includes my important documents and I told them not to touch my storage box without my permission.

Coyster

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That is somewhat of an old thread, and in that topic all the suggestions on the best way to protect your backup was provided in it, i think making a second thread out of it is redundant because all the same suggestions would be repeated here. If there was anything unique you wanted to add, you could have just bumped the topic as it is still not yet locked.

dzungmobile

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Quote from: Upgrade00 on March 05, 2023, 02:24:31 PM

To be doubly safe during an emergency, have an alternate back up spot which is in a separate location.

So if you somehow cannot access the first one due to a natural disaster or some other event, you always have the second one to rely on and access your funds.

Having different locations to store your backups is good but if you can quickly exit from emergency with your back up at any location, it's good, not bad.

Black swan event can happen if your backup in 2nd location is unusable too.

Upgrade00

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To be doubly safe during an emergency, have an alternate back up spot which is in a separate location.

So if you somehow cannot access the first one due to a natural disaster or some other event, you always have the second one to rely on and access your funds.

dzungmobile

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My memory wakes up today and I think it's interesting to share this funny story.

How do you safely keep your recovery phrase written on paper?

Quote

Yesterday, my mom did a general cleaning on my room and when she's done, I saw the recovery phrase of my Trezor hardware wallet on the garbage

Having backups for your wallet is good but it is not enough. You must do two other important things

1. Keep your backups safely from others to avoid risk that they will steal it (if they are greedy) or throw it away (because they did not know importance of that piece of paper).
2. Make sure you assign a place for your backup storage and it's always in your mind. In case there is emergency, you can quickly know where it is and can take it to run away.

Topic: Beginners - Keep your rooms clean, keep your backups ready to use & bring away - page 2. (Read 293 times)