Can You Memorize Your Recovery Phrase? - page 10.

Franctoshi

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?

Would you try?
What are the benefits? ... and the setbacks.

This is something I haven't been able to try to memorize the few times I have attempted to store my seed phrases in my memory, But it another good way to store your seed phrases because you are in advantage of moving about with it wherever you go without, But isn't a method for one to wholly rely on because we can easily forget it or miss it up some point even though we have people that has a good retentive memory that stores things, and they hardly forget.

stompix

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Quote from: Rikafip on June 14, 2024, 04:04:30 PM

Quote from: stompix on June 14, 2024, 03:51:37 PM

Setbacks there are none unless you talk in your sleep and you sleep among strangers maybe?

What about brain injury or illness? I know that chances of that happening are not very high, but they still exist and shit happens so no way I would trust my memory when it comes to my life savings.

That's why I said it has no drawbacks as long as you have a physical copy of that private key!
OP asked how secure is but only after mentioning he has a piece of paper with the seed from his wallet, I still don't see any disadvantages to it.

Besides, if we talk about brain injury, depending on how serious a memory loss is you might even forget where you hid your private key or that bitcoin is all together!

Orpichukwu

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?

Would you try?
What are the benefits? ... and the setbacks.

Even if you want to memorise your phrase, that will be an added advantage to you as you don't need to look for it all the time when you want to access the wallet, but don't use it because you memorise it in your head and wipe all the backup because that will be the biggest set-up you will ever do to yourself.

If you see your house as not being safe for storing your phrase, then try and locate a secured location, maybe even encrypting an empty flash drive, and keep it in a safe place, maybe up to three locations, and even if someone finds it, they can't get access to what's inside.

tabas

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?

Would you try?
What are the benefits? ... and the setbacks.

IIRC, there's someone that has suggested that before but it's not advisable and we may forget things too easily when we're going to memorize it. Even the sharpest minds surely won't do this if this is the only key to access your holdings. Just make a lot of back ups and don't make it too obvious that they're your recovery phrases or the seeds that are provided to you by electrum or any wallet that you're going to use. This is highly not advisable if you think that it's gonna be a good way of storing your phrases.

kotajikikox

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Would you try?

Hahaha no. My mind has already a million things to think about, I don’t need to put any more pressure by memorizing something so important and is basically the key to my life.

Quote

What are the benefits? ... and the setbacks.

Benefits:

Even if you were robbed, they are not going to have any copy of your seed phrase as it is all in your head.
It’s very convenient and easier than pulling out a piece of paper when you need it. You also decrease the risk of exposing it to too much people.

Setbacks:

Obviously you might forget. Just one word will be enough to throw you off of your balance and you might the forget the whole thing entirely.

But if you are very interested in memorizing, I would suggest you do the following:

use a mnemonic or those silly little abbreviations that make you remember particular words. they are often catchy so it’s not as unforgettable.
you need a back up still and store it somewhere safe and check it from time to time just to refresh your memory.

CryptoHeadlineNews

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?

Would you try?
What are the benefits? ... and the setbacks.

Memorizing one's wallet seed phrase is never the best way to storing it, as you never can tell, you may forget it when faced with stress and life challenges. Hence, the best way remains writing it on multiple pieces of paper just like you said you did, and storing it in multiple different locations in your house without writing certain keywords such as "My wallet Seed phrase" or either "My Electrum Seed phrase" or "Trust Wallet Seed Phrase", so as to make it hard for anybody to understand what it means if they happens to come across it, as these are the most common keyboards people always use as title of the piece of paper when writing a wallet seed phrase.

Saint-loup

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You can safely memorize it unless you are storing a backup somewhere, otherwise it's very dangerous because once you forget it, it's too late and it's very hard to monitor how effeciently and reliably you are reminding it. Because one day you can remind it easily and the next day, you can totally forget it without warnings. If you write it and store it somewhere you might consider is the risk of physical theft nonetheless. If someone breaks into your home, they could potentially find and steal the paper where you've written your recovery seed. That's why it's crucial to find a safe location in order to secure your backup if you finally keep this option.

DeathAngel

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I probably could do but I don’t trust myself enough to destroy all copies that I have incase I forget one or two words. I have enough copies of my seed hidden in multiple locations not to worry about losing it. I don’t think it’s a good idea to only have your seed in your memory, it’s too risky.

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?

Of course - it's possible especially if you do some techniques. One of the techniques I remember most in memorizing is - write as many of those 12 words as possible and read as many as possible. You have to repeat the same thing until you can remember it even if you are drunk. But are you also willing to bear the risk?

Another easy solution to be safe is - take security measures like most of the bitcoin whales do. If you know how they do it - then your bitcoins will probably be safe before you pass them on to your children, wife or family.

Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Would you try?
What are the benefits? ... and the setbacks.

No - I'm a forgetful person. LOL

peter0425

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?

You can try, it’s definitely possible but I wouldn’t rely too much on it. Unless you have a photographic memory, you are bound to do a mistake and forget something.

Sometimes those who are really good with memorization also forget a few details here and there we are all humans after all.

Quote

Would you try?

No. I wouldn’t even.

Quote

What are the benefits? ... and the setbacks.

Well no one can access your recovery phrase because there is no physical copy for one. The setback is if you forget it, you’re going to lose everything and no way to get it back.

Rikafip

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Quote from: stompix on June 14, 2024, 03:51:37 PM

Setbacks there are none unless you talk in your sleep and you sleep among strangers maybe?

What about brain injury or illness? I know that chances of that happening are not very high, but they still exist and shit happens so no way I would trust my memory when it comes to my life savings.

dkbit98

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?

I would never do this.
Even if you could memorize it, you should never do it for long term storage.
You can easily forget one password let alone 12 or 24 words, and you can have some health problems that affects your brain and memory resulting in lost coins.

BitMaxz

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Quote from: darkangel11 on June 14, 2024, 03:38:52 PM

It depends. If it was a 12 word seed, no problem. 24 word? That could pose a challenge.
The problem is I would find it to be risky for large amounts of money. I'd be gambling, betting on my ability to remember everything right after some time. That's where the weakness lies. I tend to forget unused things, so every day I'd have to say it in my mind before going to bed to remember it, so it's fresh in my memory. Feels like some unnecessary burden.

That's not easy even if it's just 12 words I'm sure we can memorize those 12 words but not good for the long term I've been tested it to memorize my backup but after a week I can only remember 5 or 7 words maybe if the backup seed is just around 5 words we can memorize it.

However, since we are getting older I'm sure our memory become less effective when it comes to remembering something plus why need to memorize if you can just save your seed backup into an offline device and never connect it online or use a CD/DVD to backup your wallet that is way safer than memorizing 12 words.

Ruttoshi

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It is not advisable to memorize your seed phrase because there is a high probability that you will forget it. This is because seed phrase is not what you use often but only to recovery a wallet whose password has been forget or don't have the wallet app on their device or computer anymore.

People easily forget their password that they use to login to their accounts every day, talk more of memorizing your seed phrase. It is not good, human thinks a lot and will be faced with stress that might make the brain not remember much.

This is why when you are creating a new wallet you will be advised to write down your seed phrase on a piece of paper and put the words accurately before your wallet will be created. Paper or steel back up is safer.

Davidvictorson

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?

Would you try?
What are the benefits? ... and the setbacks.

I would not try to memorize my recovery phrase. Certainly it is possible to do that. And I want to believe that there are lot of geniuses who do it.

A lot of things can go wrong. - Head trauma, Dementia, and others

I see no benefits in it what so ever. I consider it the worse way to store your recovery phrase.

Setbacks - I forget it. I fall asleep in a bitcoin hangout party and I say it without knowing while I am asleep or passed out. Humans are frail, I wouldn't trust it with my recovery phrase.

SatoPrincess

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Zero benefits. You cannot rely solely on your memory for something as sensitive as your seed phrase. There are many threads on the topic and it’s a general consensus among the bitcoin community that relying solely on one’s memory is a terrible way of storing your seed phrase.

If you are worried about the lifespan of paper storage, you can always opt for other methods like engraving your seeds in steel, and having multiple backups in different locations. I recommend you to visit the topic below and try this method:
Securing Your Seed Phrase with Washers.

stompix

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

How about trying to memorize it? Is it possible?

You're talking about memorizing 12 words, not that hard!

Quote from: Article4tip on June 14, 2024, 03:03:19 PM

What are the benefits? ... and the setbacks.

The benefits are that you will not have to access your secret stash where you keep your private key every time you need to restore your wallet nor that you would need to carry that thing with you when you travel or you move temporarily!
Setbacks there are none unless you talk in your sleep and you sleep among strangers maybe?

So as long as you have that sed also on a physical back-up stored safely there is nothing wrong with trying to memorize it.

Z-tight

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?

I would never try it, i see some members saying it's possible with a 12 word seed phrase, that is a very bad advise. It may seem possible in the first few weeks and months, but with time you are going to forget it, and if you don't completely forget, you'll mess up the correct arrangement. Do not ever memorize your seed phrase, or else you'll lock yourself out of your funds.

If you are worried about the safety of your seed phrase, you can extend it with a passphrase and keep the backup in a different location from your seed phrase, or you simply set up a multisig wallet, which gives you extra security.

darkangel11

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It depends. If it was a 12 word seed, no problem. 24 word? That could pose a challenge.
The problem is I would find it to be risky for large amounts of money. I'd be gambling, betting on my ability to remember everything right after some time. That's where the weakness lies. I tend to forget unused things, so every day I'd have to say it in my mind before going to bed to remember it, so it's fresh in the memory. Feels like some unnecessary burden.

Odohu

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Quote from: Article4tip on June 14, 2024, 03:03:19 PM

Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?

Would you try?
What are the benefits? ... and the setbacks.

What is the essence of trying to memorise the recovery phrase? Even if your brain is computer, of all the things in this world it is the recovery phrase you want to memorise? Have you thought about the risk when your brain begins to play tricks on you? Even if I can memorise my recovery phrase, I will not be tempted to try it because I'm not ready to male silly mistake that will cost me my sweat. A lot of posts have already been made on how to back them up, so that should be our focus.

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