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Topic: Best way to protect your crypto against a natural disaster? (Read 909 times)

legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Storing your private key or seed on more places, the chance that two diffrent places will be damaged by natural disaster is close to 0. But I know that everyone here is paranoid and that is pretty normal when you realize that you are fully responsible for your money.

In other words, one should have "redundancy" in mind. By spreading crypto keys worldwide, you can rest assured that your crypto funds will stand the test of time. A material like "Titanium" could be used for engraving your crypto seed that will last for a very long time. It's a very strong metal that's quite affordable. Something like the "ColdTi" cold storage wallet card made of Titanium, will suffice. Then, you'd place other copies of your seed on an image encrypted inside a .zip archive. That compressed zip file could be sent to various cloud storage services (Google Drive, Dropbox, OneDrive, etc.) for complete redundancy of your hard-earned crypto funds. In the event you lose access to the Titanium cold storage wallet card, you could simply resort to the cloud to retrieve your funds at any point in time.

There are hundreds of ways to safely store and protect your crypto against a natural disaster. All you need to have is a little imagination/creativity to prevent the loss of your funds in a blink of an eye. It's always important to let know your closest family members about how to get access (and make use of) your crypto in case you don't survive a natural disaster. As long as you have a "Plan B", your funds will never get lost. The Cryptosteel is definitely a good choice for storing your crypto for years to come. If you have the money to afford it, I'd say that this is the best thing out there that will help you protect your crypto against any natural disaster.

Nonetheless, it's good to know the various ways of securing your crypto for the foreseeable future. With good planning, you'll be able to rest assured that your money is secure no matter what happens in the real world. That's the beauty of being our own bank with crypto and Blockchain technology. Just my thoughts Grin
legendary
Activity: 1526
Merit: 1026
SellDefi.com | Earn by selling files
I have an idea, make a code using a phrase for your BTC key, if you are afraid it will burn or get wet if you use paper, and it's too expensive to buy materials that are fire and water-resistant, then the easiest is to make a tattoo on your body using the code the. Simple is not it? but make sure you remember the key code, don't let yourself forget it,  Grin.

Really funny and bad way to secure your asset. What will happen if you lose your body part where you made the tattoo? And putting tattoo on skin is invasive and not healthy. Young and old people will never find it a suitable way, mommy will never allow. May be you posted a way without enough thinking.
sr. member
Activity: 574
Merit: 251
t is best to have a hardware wallet that lies in a bank cell. Access to the cell must be granted to relatives and heirs in case something happens to you during a natural disaster.
member
Activity: 634
Merit: 10
In storing private keys, what I do is store it in an online wallet, then I also have my flashdisc as well as paper wallet. It is safe to always have back-ups. As for the natural disasters, it is easy to put these things into a safe place anywhere in your home, banks or if not possible, keep it to yourself but just make sure that you yourself is also safe when that natural disaster comes. Your wallet abd private keys are safe but who will use it and benefit from it if no one can access because the owner died from that natural disaster. Everything will be useless if that ever happened.
full member
Activity: 896
Merit: 108
I have an idea, make a code using a phrase for your BTC key, if you are afraid it will burn or get wet if you use paper, and it's too expensive to buy materials that are fire and water-resistant, then the easiest is to make a tattoo on your body using the code the. Simple is not it? but make sure you remember the key code, don't let yourself forget it,  Grin.
full member
Activity: 924
Merit: 106
homt.net
Storing your private key or seed on more places, the chance that two diffrent places will be damaged by natural disaster is close to 0. But I know that everyone here is paranoid and that is pretty normal when you realize that you are fully responsible for your money.
sr. member
Activity: 1484
Merit: 277
In my own idea, I think it's always a safe storage for our digital asset of we have a cloud storage account which confidentialy registered with you. You can store your access keys on that cloud including the seeds or whatever you have to gain full access on your wallet. Any hardware wallet can be affected with natural disasters and it's prone of damages or any form of fire will destroy it.
That's the only protection that is best for now, we can't trust any other physical storage like a vault or something.
sr. member
Activity: 1313
Merit: 278
I think that you can use the encryption program to create an encrypted container in which you put the data you need.
Then send this container to several cloud services. Considering that all the data will be in the container, the keys for decryption of which only you have,
you will be sure that they will not be able to decrypt it even if the cloud service is hacked, so the only thing to be afraid of is disconnecting or destroying the servers of the service itself.
In view of this, it is better to use two or three services with servers in different parts of the world. But the keys for decryption you have to remember.  Grin
sr. member
Activity: 2184
Merit: 470
Telegram: @jperryC
I think putting it in a ledger and put it in somewhere safe maybe a vault box or something, a paper wallet (however it's immune to water and fire) well for me the best way to protect cryptocurrency is to memorize your seeds and delete all the information in regards your wallet.

it means it's only you and no one will never know your passphrase or seed because its stored in your brain however this is very risk because if you just missed 1 letter from the word/s or one word you will not be able to recover all your bitcoins or cryptos.
sr. member
Activity: 770
Merit: 253
Just make sure that you have back up of your wallets not only in your personal computer, as it might destroy all the time, so you just need to make sure that you have back up in your wallet too and of course you should have someone you trusted with to know your passwords, back up files and should know how to set up in case of emergency.
sr. member
Activity: 882
Merit: 254
Wow man, that's some serious paranoia out there lol.
It's enough for me to write it own with paper + pen or just print them (home print of course). get your safe raeady & there you go.
Also i prefer the online storage, it's my best, encrypted .rar passworded file + phone verification to open it & you're safe enough.
sr. member
Activity: 882
Merit: 260
You can also protect your cryptocurrencies from the natural disasters by storing it up in an online wallet which you prefer to use depending on your standard or the wallet that suits your needs and wants. You just need to secure that you have chosen a reliable and trustworthy online wallet for storing up your assets which is now far away from the effects of natural disasters. If you are not secured on putting your assets into an online wallet, you can also store it in offline wallet that's why we do have hardware wallets for that. You just need to be responsible on keeping your hardware wallet into a safe and secured place together with your seed, private key or password you have used to secure your wallet. Better put it on a water proof case so that it will not be destroyed when there is flood and in that case you can still access your assets even without internet that might happen once communication towers are down due to strong typhoons. Any way you prefer will be good as long as you are also responsible on storing up your assets in a safe place away from the effects of natural disasters.
hero member
Activity: 938
Merit: 500
With such success, if you include creative thinking you can laminate a paper wallet yourself and cover it with fire-resistant varnish, it will come out very cheaply and practically)
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
How about writing your seed on paper, scanning the paper, encrypting the scanned image and finally uploading in your email account.
Always distribute your coins into multiple wallets, never store all your wealth in one wallet. That’s my suggestion on subject.

Great idea. I've never thought about something like this before. Thanks! Speaking of images, I had a crazy idea of writing the seed on a text file with my computer offline, encrypt it, then hide it under an image (steganography). This way, no one would notice there's something unusual that could be linked with something sensitive/private. Uploading it to multiple cloud services, would prove to be wonders for preserving one's crypto funds against a natural disaster. Nowadays, there are many ways to do this limited to your imagination. With paper wallets, multi-sig addresses, and even cold storage cards made out of solid metal (Titanium, Stainless Steel, etc), you can safely store your crypto for many years to come.

Among those methods mentioned, I believe that paper wallets and digitally-encrypted files would prove to be suitable for protecting your crypto funds against a natural disaster without breaking the bank. For those more inclined in spending a little bit more, there's the option of cold storage cards like "ColdTi" and "CryptoSteel". But these require you to punch out or engrave your seed on them to be able to work as intended (which doesn't seem to be the easiest route to take for newcomers into crypto). Wink
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
I think its better to back up private keys in many ways, not only to depend on single method but trying different methods could work. Because if we think of natural disasters, there’s always a possibility that physical back-ups could be destroyed or lost.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
The best way in my opinion is to write a seed on paper and store it in different physical locations without first and last word. First and last word you memorize your self. In case you want to recover your wallet, write first and last word to get the complete seed. There are many such free methods which everyone can device himself.
jr. member
Activity: 443
Merit: 2
Theagriverse.io
I don't think any cold storage is indestructible if natural disaster were to occur. Only cloud storage will survive in the case a disaster happened even though it's not the most safe but you will be able to access your log in from anywhere.
sr. member
Activity: 434
Merit: 511
Natural disaster is almost impossible in my country only if there would be some crazy water disaster, where our country floods it would be very bad.
The place where I live is about 5 meters under the sea water level, so if something like that would happen we are pretty screwed.

However the thing I wonder is what would happen when a man made or even alien disaster would happen something like a huge Emp or Nucleair bomb.
If the whole world would be without electricity that way no one is mining Bitcoin or could send it, that would be pretty bad.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
How about writing your seed on paper, scanning the paper, encrypting the scanned image and finally uploading in your email account.
Always distribute your coins into multiple wallets, never store all your wealth in one wallet. That’s my suggestion on subject.

Its better to create your private email and save the seeds there, it will be safe as long as the computer that you will be use is safe. Natural disaster is not an easy thing, you must have the funds to support you if ever so I also believe cryptocurrency is the safe place. My suggestion is that, memorize your seeds but make sure to put it on something that is really safe, if its not that big then open an account on the best exchange that we have.
hero member
Activity: 788
Merit: 505
How about writing your seed on paper, scanning the paper, encrypting the scanned image and finally uploading in your email account.
Always distribute your coins into multiple wallets, never store all your wealth in one wallet. That’s my suggestion on subject.
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