As I understand paper wallets are just a naming, you can store your private keys on other materials more persistently and keep them in your
safe vault
Topic: Best way to protect your crypto against a natural disaster? - page 4. (Read 927 times)
I never heard that so called protection but I think if its expensive you must secure youre wallet with simple one in case of incident like this ever occur. We dont know when this would happened and we should always have plan for this kind of event. For a starter I think is have a storage for youre back up seed phrase so it wouldn't be wet or something.
There's a lot of options to make it safer on this days of advanced technology. Once drive or google drive served as your online cloud storage, and this thing is very safe for our data and other crypto wallets. You can keep your private keys, and keystore files or even the paraphrase combinations needed for the access of your crypto.
You don't have to buy cryptosteel you made mentioned, why can't you just grab a stainless steel and write your recovery seed on it, safe from fire, water and bad environments too
Exactly. Actually we don't need that so called crypto steel why dont you just keep your altcoins and bitcoins online if you dont want it to be damage when natural disaster comes? Or you can keep it on the bank's safe much better.Keeping your altcoins online is very risky. We have seen several cases of hacks and frozen accounts. If you do not hold the private key of your altcoins, it is not yours. I would go to keep it on a bank's safe.
When a natural disaster strikes (such as an earthquake or a hurricane) you'll need to protect your most valuable assets. While most people preserve physical cash for events like these, crypto proves to be a better solution (as it's intangible). The most common form of securing one's crypto funds is a paper wallet. However, this method is not resistant against dust, water, or even fire. Even hardware wallets are susceptible to harsh environmental conditions over time.
I know there's something called "CryptoSteel" which is a seed wallet that's fireproof, waterproof, and even shockproof. The only downside is the price which is quite expensive. Which is why, I'm looking for the best way to protect my crypto against a natural disaster that won't break the bank.
Any recommendations or suggestions will be highly appreciated. Thanks in advance.
I know there's something called "CryptoSteel" which is a seed wallet that's fireproof, waterproof, and even shockproof. The only downside is the price which is quite expensive. Which is why, I'm looking for the best way to protect my crypto against a natural disaster that won't break the bank.
Any recommendations or suggestions will be highly appreciated. Thanks in advance.
It it would be hurricane, it would probably just fly away and the one who finds it would end up using the private key. Only thing that's good for is for fire and flood. I would use safety locker in the bank, that would also bring guards to the table to guard your box where the key is.
If you live in an area prone to tornados and or hurricanes you would
of course take precautions against that too, not to do so would be
thoughtless.
I also have my seed stored on 2 encrypted USB sticks in a fire proof
locker, these could also be set into a concrete floor or wall.
As your wallet value increases so does your level of security and safety!
This is really good method, way cheaper and more accessible.
I never heard that so called protection but I think if its expensive you must secure youre wallet with simple one in case of incident like this ever occur. We dont know when this would happened and we should always have plan for this kind of event. For a starter I think is have a storage for youre back up seed phrase so it wouldn't be wet or something.
Woww...cryptosteel, never heard of it but seems to me like a pretty good idea. How much does it really cost anyway @OP and looking at its important i think it would be worth its price. Anyway if you are so much concern about your budget then i guess your best option is to hold your keys on several multiple places digitally and physically. Don't forget to give roadmap to someone you trust just in case the unfortunate thing happens.
Cloud services will be solution, as long it is really secure from hackers i think it will be ok. If me i back up some of my private keys, account, 2fa code in a notepad and put it in 5 flashdrives and i update it every 15 days. And then to save it i save it on separate place with plastic to be waterproof, and 2 of it i carry it everywhere in my bag. Don't know where else to save my data.
the best way is possible if you trust a company that provides cloud services then you can use it. but it might be vulnerable if your cloud account can be accessed by others. but so far I only put information about the data that is on the flashdisk and books.
I don't recommend cloud services for storing your private key, it's still a company you are handing down your valuable assets there, a vault is one of the good alternatives you can get a fireproof vault, but do not put your eggs in one basket, it's always a good option, create at least two backups and also store it in a vault but they should be on a separate place. 
Any recommendations or suggestions will be highly appreciated. Thanks in advance.
You can store the private key online by adding some encryption by yourself. Thus, the password of the storage program may be the easier way to reach all your assets. Although I have never used it, there are projects in this market that offer decentralized cloud storage service. You can use one of the reliable one. IMO, solutions made by using non physical space to protect against physical damage make more sense. 
When a natural disaster strikes (such as an earthquake or a hurricane) you'll need to protect your most valuable assets. While most people preserve physical cash for events like these, crypto proves to be a better solution (as it's intangible). The most common form of securing one's crypto funds is a paper wallet. However, this method is not resistant against dust, water, or even fire. Even hardware wallets are susceptible to harsh environmental conditions over time.
I know there's something called "CryptoSteel" which is a seed wallet that's fireproof, waterproof, and even shockproof. The only downside is the price which is quite expensive. Which is why, I'm looking for the best way to protect my crypto against a natural disaster that won't break the bank.
Any recommendations or suggestions will be highly appreciated. Thanks in advance.
I know there's something called "CryptoSteel" which is a seed wallet that's fireproof, waterproof, and even shockproof. The only downside is the price which is quite expensive. Which is why, I'm looking for the best way to protect my crypto against a natural disaster that won't break the bank.
Any recommendations or suggestions will be highly appreciated. Thanks in advance.
It it would be hurricane, it would probably just fly away and the one who finds it would end up using the private key. Only thing that's good for is for fire and flood. I would use safety locker in the bank, that would also bring guards to the table to guard your box where the key is.
If you live in an area prone to tornados and or hurricanes you would
of course take precautions against that too, not to do so would be
thoughtless.
I also have my seed stored on 2 encrypted USB sticks in a fire proof
locker, these could also be set into a concrete floor or wall.
As your wallet value increases so does your level of security and safety!
When a natural disaster strikes (such as an earthquake or a hurricane) you'll need to protect your most valuable assets. While most people preserve physical cash for events like these, crypto proves to be a better solution (as it's intangible). The most common form of securing one's crypto funds is a paper wallet. However, this method is not resistant against dust, water, or even fire. Even hardware wallets are susceptible to harsh environmental conditions over time.
I know there's something called "CryptoSteel" which is a seed wallet that's fireproof, waterproof, and even shockproof. The only downside is the price which is quite expensive. Which is why, I'm looking for the best way to protect my crypto against a natural disaster that won't break the bank.
Any recommendations or suggestions will be highly appreciated. Thanks in advance.
I know there's something called "CryptoSteel" which is a seed wallet that's fireproof, waterproof, and even shockproof. The only downside is the price which is quite expensive. Which is why, I'm looking for the best way to protect my crypto against a natural disaster that won't break the bank.
Any recommendations or suggestions will be highly appreciated. Thanks in advance.
It it would be hurricane, it would probably just fly away and the one who finds it would end up using the private key. Only thing that's good for is for fire and flood. I would use safety locker in the bank, that would also bring guards to the table to guard your box where the key is.
Well you do not need any hardware wallet to keep your digital assets save, just use any online wallet with private key and you can access that anytime, anywhere as long as you are alive so no need to purchase any expensive physical wallets.
Crypto should never be stored long term on online wallets or exchanges because they are targets for attacks.
You should only have your crypto on an exchange when you want to trade and withdraw back to your desktop wallet immediately after the trade is complete. Only use an online wallet in an emergency and ensure it is for a short a period as possible.
You don't have to buy cryptosteel you made mentioned, why can't you just grab a stainless steel and write your recovery seed on it, safe from fire, water and bad environments too
Everything is a form of marketing, we the common people think of writing the recovery seed on a sheet of steel. In future this will surely get into business form when more number of people get into the cryptocurrency network. Natural disaster can happen anytime, and we can't stand opposing it. Taking prior precautions will help in overcoming the problem. I believe cloud based storage with increased security to be the right choice.
Just getting to know about cryptosteel, I need to check out the price and know if it is profitable for the safe keep of crypto
you can make your own crypto steel!
I made my own for less than €20.
I bought some offcut stainless steel 6mm thick enough to make one
for myself and one for my brother. > https://www.ebay.co.uk/itm/6mm-Thick-Stainless-Steel-Plate-off-Cut-Grade-316-185mm-X-120mm-/254465075612?nav=SEARCH
Tools used:
an angle grinder to cut the steel in half (just because i was making 2)
a ruler and metal scribe to create 24 spaces
a drill and bit to make 2 holes to screw it to a secret location
a letter punch set (with numbers) > https://www.ebay.co.uk/itm/9-27-36pc-Numbers-Alphabet-Letter-Punch-Set-Stamp-Metal-Die-Tool-Kit-UK-Fast-PP-/223428526856?nav=SEARCH
and a hammer
Time used:
Approximately 1 hour
I made my own for less than €20.
I bought some offcut stainless steel 6mm thick enough to make one
for myself and one for my brother. > https://www.ebay.co.uk/itm/6mm-Thick-Stainless-Steel-Plate-off-Cut-Grade-316-185mm-X-120mm-/254465075612?nav=SEARCH
Tools used:
an angle grinder to cut the steel in half (just because i was making 2)
a ruler and metal scribe to create 24 spaces
a drill and bit to make 2 holes to screw it to a secret location
a letter punch set (with numbers) > https://www.ebay.co.uk/itm/9-27-36pc-Numbers-Alphabet-Letter-Punch-Set-Stamp-Metal-Die-Tool-Kit-UK-Fast-PP-/223428526856?nav=SEARCH
and a hammer
Time used:
Approximately 1 hour
Here is a sample on a scrapbpiece of steel of how to store a private seed
privately in a secret location in a house, garage or dog shed!
With Stainless steel thick enough it wont corrode and will survive a fire.
There are still a lot of people who think that storing private keys online is ok,
thats very risky business, holding back a word from the seed is only marginally
hampering an attempt to crack the code.
Storing them on a computer not connected to the web, what if the hard drive gets
corrupted?
Paper wallets are good, a lot of people use them, but for me it seems too fragile.
My lump of heavy duty SS fixed to a secret place is my preferred choice.
I think the best bet is to note down the 24 words from hardware wallet on a pc or device that never connect on internet and make an archive with a password protected and put it on a cloud service or on email and if have and extra word added to passphrase to keep it in mind so can recover it and also even if someone get pass for archive they can't recover wallet without extra word.
I did not hear about the crypto steel thing before seeing this thread. I don't know how it works, but if it's price more than 200 USD, then a big no from me. If you have a hardware wallet then you are okay to ignore it. There are many ways to protect your assets during a natural disaster. Already you got enough idea about it, for me, I would go and write my seed phrase on steel before the Earthquake.
Howbeit as it may, software wallets can serve against natural disasters. Storing your private keys on Google cloud or on Google keep which can be accessed once you log onto your email from anywhere is the best measure to protecting your cryptocurrency against natural disaster.
Well you do not need any hardware wallet to keep your digital assets save, just use any online wallet with the private key and you can access that anytime, anywhere as long as you are alive so no need to purchase any expensive physical wallets.
How can you say that? Maybe you have no idea what difference between a hardware wallet and wallet which has private keys! There is no wallet better than a hardware wallet. In a hardware wallet, you are totally safe. But in a random online wallet, you can get hack anytime!
I wont do a video, I will do some stills though with some scrap steel,
I will come back soon and post up some images.
I will come back soon and post up some images.
you can make your own crypto steel!
I made my own for less than €20.
I bought some offcut stainless steel 6mm thick enough to make one
for myself and one for my brother. > https://www.ebay.co.uk/itm/6mm-Thick-Stainless-Steel-Plate-off-Cut-Grade-316-185mm-X-120mm-/254465075612?nav=SEARCH
Tools used:
an angle grinder to cut the steel in half (just because i was making 2)
a ruler and metal scribe to create 24 spaces
a drill and bit to make 2 holes to screw it to a secret location
a letter punch set (with numbers) > https://www.ebay.co.uk/itm/9-27-36pc-Numbers-Alphabet-Letter-Punch-Set-Stamp-Metal-Die-Tool-Kit-UK-Fast-PP-/223428526856?nav=SEARCH
and a hammer
Time used:
Approximately 1 hour
I made my own for less than €20.
I bought some offcut stainless steel 6mm thick enough to make one
for myself and one for my brother. > https://www.ebay.co.uk/itm/6mm-Thick-Stainless-Steel-Plate-off-Cut-Grade-316-185mm-X-120mm-/254465075612?nav=SEARCH
Tools used:
an angle grinder to cut the steel in half (just because i was making 2)
a ruler and metal scribe to create 24 spaces
a drill and bit to make 2 holes to screw it to a secret location
a letter punch set (with numbers) > https://www.ebay.co.uk/itm/9-27-36pc-Numbers-Alphabet-Letter-Punch-Set-Stamp-Metal-Die-Tool-Kit-UK-Fast-PP-/223428526856?nav=SEARCH
and a hammer
Time used:
Approximately 1 hour
Really? You should record a video for us. And we may try after that video. Can you?
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