Can You Memorize Your Recovery Phrase? - page 9.

Cantsay

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

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

Other forum members gave already given you the answer that you’re looking for I.e the setbacks that is expected to occur when you memorize your secret phrase - but still I couldn’t just pass the thread without dropping this quote I read in a thread I created recently.

Quote from: Rruchi man on June 13, 2024, 05:39:27 PM

The faintest pen is sharper than the sharpest memory,
::/::

The quote above says all there is to know about why writing down your secret phrase is far better than just memorizing it.

OcTradism

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

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

Setbacks are more than benefits and you should never use your brain to back up your wallet seed phrase. Your brain can have sudden unexpected damage and memory can be lost forever, consequently your fund will be lost forever too.

How to back up a seed phrase

Quote from: Bitcoin Smith on June 14, 2024, 03:07:50 PM

Benefits : No one can access it

Negative: Even you can forget it and if you don't have backup then you lost your wallet forever.

Even the owner can lose access to his bitcoins if memory was lost by whatsoever reasons.

AirtelBuzz

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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 think it's too risky to even memorize the seed phrase because if you forget any of the words in the seed phrase of that wallet you won't have access to that wallet.
It would be advisable to write down the wallet seed phrase instead of memorizing it and store it in a safe place. Remember if the face of the wallet is not secure with us then the funds in our wallet are not secure either. I have seen many members on this forum who regret losing their wallet seed phrase. I don't want to suffer from regrets like them and I don't want other members to have the same problem.

Quote

Would you try?

I never want to try it.Because my memory is so weak I can't remember anything for very long so I can sometimes forget it if I try to memorize my seed phrase. I have stored it safely away from taking risks.

boyptc

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I'm too old for it and probably won't be taking that risk to memorize without having a back up.

@OP, how not secure is the place where you're putting that keys of your wallet? Don't do that, put it somewhere safe that no one is going to suspect that it's something valuable to you.

If the place you're keeping it is exposed, you're going to regret that later on. Please put it somewhere safer in your house and I know that each house has that kind of place.

Mia Chloe

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A lot of persons , just like a majority of users here have said, will say things like the human head cannot be trusted and things like an accident or something may lead to some sort of neural disorder that could lead to the person losing memory which is true, however other practical factors are also present such as retentive ability. Cramming or memorizing your seed phrase is something I think is quite unsafe based on the fact that forgetting such random words is something very prone to happen.

Let's also not forget the fact that with such number of words can be easily misplaced if memorized by an individual. Like I often say, there is no 100% guarantee for any method of storing ones seed phrase or private keys. The fact is everyone is just looking for a safer option that would also be easy to access.

Darker45

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I definitely can. But it's one thing to memorize it and quite another to keep it in your memory for a very long time. Especially when you don't recite it or make use of it every once in a while, it's just a matter of time before you will forget it. So for your security it's best to just write it down in several copies and keep it in different locations.

The benefit from memorizing your recovery phrase is that nobody can steal if from you. The setback is that it is risky. It's very possible you'll forget it not only because memories fade over time but also because you could develop health conditions that weaken your memory perhaps because of accident or old age. Another setback is that your coins would die with you. Your family can't inherit it from you.

2Pizza410000BTC

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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.

You are definitely at risk if you write down your Electrum Wallet passphrase on paper but the place is not very secure or secure. But first of all choose a very safe place otherwise you will be in a lot of risk. Although it is possible to memorize the wallet phrase, there is also a risk because if you forget it a few days after memorizing it, you can lose everything. I write down my wallet seed phrase in a notebook but I keep it in a very safe place where no one but me can access it. You can do as I did by keeping it in a place where no one else can access your wallet password.

Z-tight

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Quote from: Assface16678 on June 14, 2024, 06:52:11 PM

So in short, the best method to keep your seed phrase safe is to bury it in your mind, so you are the only one who knows that and could have access to it.

You are wrong, that is one of the worst ways to store your seed phrase and a fast way to lose your coins or lock yourself out of your funds. There is no way you can remember the words for a longer period of time, you're surely going to forget some words or wrongly arrange them, you may also suffer injury or disease that could affect your memory.

The best method is to have a physical backup and store it in a very safe location, adding extra layers of security is also recommended. If you want to commit your seed phrase to memory, it should be after you have done all this, you can now count what you have memorized as an additional backup.

Wexnident

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

~

I would never try, and even if I did attempt to, I'd probably forget about it or make a mistake about what I remembered due to how complex it can be. Memorization in the first place is looking for patterns in something, and I don't think seed phrases have such a thing, nor would I ever want it to have a recognizable pattern in the first place.

And again, you shouldn't even try to memorize it! The fact that you need to memorize everything yet one small mistake can make your wallet disappear is already a con itself imo. As for benefits sure you don't need to store them anymore, but you run the risk of forgetting one character and again, ruining your chances of restoring your wallet. In the first place I don't think it's a "con" to store your wallet somewhere, there's tons of methods and ways you can make it secure, just requires effort.

batang_bitcoin

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Memorizing it as if it's going to be your entire back up? That's wrong in all forms. Just think of it that even the biggest corporations and with big assets, they are writing it elsewhere and have multiple back ups not just with their database, networks, securities and everything. We are not as big as them but we should practice backing up at all times especially if it's related to our assets which is an important thing to remember. We can remember, we can memorize but never settle for that and make your backups.

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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.

Well, it will be a good thing if you can actually memorise your seed phrase, but the thing is, the moment you forget it, it's over. I mean, it will be hard to remember it again, so it's better that when you memorise it, you will always remember it or recite it so that it will always be fresh in your mind. Yes, it is possible, and that is safer than storing it in a digital or physical form, such as notes or online notes, because it is prone to losing or someone could access it. I remember that I have read a post or topic in this forum about how he put his seed phrase on a steel plate. I mean, the material he used is somewhat durable, but the thing is, if someone sees that, then it's over, or if it's stolen or lost, then that person couldn't have any means of unlocking its wallet. So in short, the best method to keep your seed phrase safe is to bury it in your mind, so you are the only one who knows that and could have access to it.

Maus0728

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I think everyone can memorize their recovery phrase, the only problem that I have with that is from the fact that I believe that memory is a really unreliable thing to rely on when it comes to something like this, I might remember it for now but I don't really have that kind of use for it and then time goes by and I end up having to recall it and then I do but this time, I can't recall it in the right sequence which means that I might've just locked out myself on my own wallet, that's why there's a questioning of witness when it's all memories, because memories are unreliable evidence that something is done and that you might be putting a different kind of person behind bars because you've got an unreliable memory but I digress, better to be safe and have a written back up rather than just relying on your memories.

Charles-Tim

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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?

If you have two or three backups already in different locations, you can memorize it. But do not consider your memory as backup. So the seed phrase you memorize is not a backup, but maybe it can be helpful.

Quote from: stompix on June 14, 2024, 05:33:31 PM

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.

Although, the disadvantage I see in it is that I do not think someone can have just only one seed phrase. But if it is only one and not more than 12 words, I think if he has like two or three physical and offline backups, memorizing it is not a bad idea.

Nwada001

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Quote from: Jako0203 on June 14, 2024, 05:47:47 PM

Too bad for me i dont remember where i saved it

You better hurry and make some backups now if you still have the wallet on any device that you have access to before you completely lose whatever you have in that wallet.

And if you don't have any means of restoring the wallet, you should consider what ever you have inside lost and start with a new wallet, and this time around, choose your place of storing your backup carefully and in safe areas that you can easily remember.

EL MOHA

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Quote from: CryptoHeadlineNews on June 14, 2024, 04:29:42 PM

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.

I think as am alternative back up it’s not bad because you can easily access it whenever you are not necessarily having to go back to your paper back up all the time. My advice has always been whenever you’re saving your seed phrase on paper make sure to add a passphrase to the seed phrase, this provides it with a second layer such that even if the seed phrase is been compromised the hacker can’t easily recover your wallet, because the wallet will recover another and empty wallet without the seed phrase. There are even people that send dust amounts to the wallet without pass phrase to trick the hacker into think it’s the right wallet.

Quote from: Sandra_hakeem on June 14, 2024, 05:59:00 PM

In that case, it's pointless to be self-reliant . You've got kids? Teach the eldest amongst them and, show 'em.

As long as the wallet holds the coins meant for future purposes, it is better to bring in someone into the knowledge of it no matter the form of storage used.

JiiBs

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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.

It’s possible, it’s doable but that doesn’t mean it should be done. Even you too can forget or have memory loss sometimes. It’s not what anyone wants or would like to happen to them, not even your worst enemy when they’ve got just so much in their wallet.

About a month ago, I forgot the password to my forum account and it was a nightmare for me since, I didn’t put any recovery procedure in place. This could have easily been a your wallet and it’s not what the risk! This isn’t some words of your choosing, neither does it have any personal association issues it was randomly chosen and just like that, lose one clue and your done for.

When you’ve got the hard copy somewhere safe, your good. If your concerned about your home and how secure it is, perhaps you could have it saved some place else, more like having a duplicate. So, if the things you fear becomes a reality at your home, you could still have an option to recovery some place else.

Sandra_hakeem

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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?

How am I supposed to know this? It may be possible for me to memorize a whole text book, but that might not be the case to you. It's best that you find the most suitable ways to adapt to the system of being your own security.

Quote from: stompix on June 14, 2024, 05:33:31 PM

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!

In that case, it's pointless to be self-reliant . You've got kids? Teach the eldest amongst them and, show 'em.

Jako0203

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Too bad for me i dont remember where i saved it

GiftedMAN

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I wouldn't try to memorize my seed phrase for anything even though it's possible to do this is because storing it in your memory may sometimes give you the self assurance not to make duplicates of it since you believe you can come up with it at any given time but at some point you may find it difficult to write it in order of the arrangement and since you are unable to keep the duplicates in a good place it becomes a problem for you to recover it. One of the benefits of memorizing your seed phrase is that it helps you to have access to your funds faster if there is a case of hack of accounts but the disadvantages is that in the case of a memory loss, the reverse becomes the case.

Ryu_Ar1

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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.

It's still possible if you have a great memory so there's nothing wrong with memorizing. But for me personally even though it's good but I can't do that. First, my laziness is greater so I just try to write it down instead of memorizing it, another reason is that I do not have a good grasp of remembering something which is a problem that is difficult to avoid so I will just try to take the conventional method by just writing it down and storing it in a safe place.

But it is undeniable that memorization can be a good option because apart from storing it in a safe place in terms of writing, you also store it in your brain (memorization) which makes it even safer but something like this must also be accompanied by storage in writing because in the end memorizing Seeds can indeed be done but keeping memorization from forgetting is difficult so there must still be a helper, namely the writing of seeds that are stored and secured in your book.

Topic: Can You Memorize Your Recovery Phrase? - page 9. (Read 2010 times)