Topic: How Often Do You Check Your Seed Phrase. - page 6. (Read 1387 times)

It seems that your problem wasn't not checking on the seed phrase, but not having any backups at all. You can have a backup in the form of wallet file, a private key, or a seed phrase conversion. Any of them will allow you to access the money and you don't really need to check on them. As for having a wallet on your phone and no backup you did at least a couple of "nono's" there.
It's not recommended to use phone as your main wallet without having a computer version anywhere because you carry that phone with you everywhere. The chances of it getting damaged or stolen are high and losing it will mean losing access to your money, even if you have a backup seed. Buying another phone and recovering your wallet can take a while and could give the thief enough time to guess your wallet password if it's weak enough. I'm not even going to start with people who use no passwords thinking that it's safe since they have a fingerprint scanner and are the only ones that use the device.

Ever since I lost my previous seed phrase and wallet, I learned my lesson the hard way. I began to keep a constant check on my seed phrase so as to be sure they are where they are so that if anything happens again, I can be able to recover it easily. Actually, what happened that made me lose my wallet was a result of my phone crashing one night while online trying to download an app. All of a sudden, my phone went off, and I had not backed up my seed phrase anywhere in the meantime.I had some bitcoin in that wallet, and that was how I lost my bitcoin and wallet that night. Ever since then, what I do first after downloading and installing a new wallet app is to write my phrase or keys so as not to encounter what I had gone through again.

I think this aspect of your topic is not really taken seriously by some account holders. People do not bother checking on their seeds because they are too confident that their keys are where they have kept them for safety purposes. Possibly, if they had shifted from their initial place where they are kept, you would have no idea since you are not constantly checking on them, but if you do check on them, you would be able to detect whenever there are changes in the location of your phrase from the initial place where they are kept. So therefore, it is advisable, in your own best interest, to always backup your keys and save them where only you have access at any given point in time.

I know I have place them in a safe place, so I don't check them that much. But what I do is that I have a practice not to memorized, but to load it in one machine and see if I can restored it in one of my pc's and then uninstall everything. At least I know that my seed phrase is correct.

Because I was not imagining that if I have a lot of bitcoin save on it, and I assumed that everything is right. And then I need to restored it, but worst is that I might have put one word wrong, then everything will be lost. So far my practice works so I know that every word or mnemonic phrase that I have written is spot on and 100%.

lol I just keep screen of seed in my gallery xd. But it need to know 2 passwords to get access to my gallery

Didnt really come into a point on which i would really be buying some hardware wallet for me to store up the coins that i do have on which having a flash drive with some password in it would suffice or something that would really be enough on which im placing the other 1 in my own belt bag, the other one is on safe keep in my own room and the other one is on the rooftop. Im the ones who are really that wary about on where those
flashdrives been located and just like as mentioned on which im really that too active when it comes on checking it out those sticks whether they are intact or havent lost yet. Im doing my best that it would really be
that out of reach or be that easily be noticed by someone because we know that once those things exposed then its over. I do rather sticking up with this kind of storage
rather than making myself minding or trying out cloud storage on which it is really way more risky.

So far so good, im almost 8 years on crypto space but i havent experienced nay hacks or incidents of losing coins due to exposed PK. If it does work
then it would really be just that fine that you would really be doing this or your primary option to take.

Sorry for your lost funds, but i am afraid that you are going to probably lose your funds again if you don't change your method of backing up your seed phrase. You should not back up your seed phrase electronically in your email, or write it in your notepad, it is trivial for an attacker to steal your funds if your email is compromised, or for you to suffer a physical attack if anyone can get your phone and access your note pad.

Write your seed phrase down on paper, or engrave it on a steel; make multiple backup's of this in different locations, this is the most recommended method of backing up your seed phrase.

Whenever I participate in the discussion about securing wallet seed phrases, I have mentioned everywhere that we need to secure our seed phrases in multiple safe places. We may lose or destroy one somehow. For me, I don't often check since I wrote my seed phrase in a hard notebook. I just make sure the notebook is safe. But when something important needs to move a large amount, then I again make sure either my seed phrase is fine or not. On the other hand, I have been using a hardware wallet, so I do not always need to check the seed phrase. But I check it accordingly when I need it.

 Many people has loss a lot of money because, they failed to write down their seeds phrase which are very important to anyone that is using wallets because your wallet carry seed phrase which are your personal details you can use to have access to your money at any time. Don't save your seeds phrase in your phone because, your phone can be misplaced but it will be easy for you to recover your money with the help of the seeds phrase if they are in safe place

I always check my seed phrase once in a month to know if someone know where they are or to move them alway from children or bad friends, because once someone have access to your seeds phrase your coins is gone because the person will like to sell everything at the moment.

I keep it to my person as much as possible, or if in any case, I make sure to keep it in a place where I know I wouldn't lose it, for example, keeping a safety deposit box that contains your cold wallet and the seed phrase that opens it/private key is one of the best ways to keep your wallet safe, since for the most part, it keeps both your key and your wallet in a single place so there's no chance for you to actually lose it or something, and furthermore, when you move out, there's no way you'd leave your whole net worth out so of course you're going to carry it with you on important situations.

I have my seed phrase stored in my mailbox and my device notepad while I checked on it once it comes to my mind to do so, I wasn't used to checking on my first seed phrase before untill I learnt my lesson from loosing my pk to a wallet consistent of assets of great worth. I don't have it written and kept with in my other files, this post just remind me of doing that just now.

I find this second image very helpful than the first one especially when writing it on paper file, it really looks confusing on figuring out either to count it horizontally or vertically.

Isn't storing it in too many locations counterproductive? The more copies you have in different locations the more difficult it is to monitor all of them and the more probable it becomes that one of them will fall into the wrong hands and you won't even know about it.

I've always approached it this way and in my eyes 2 copies is more than enough, since you also have an active wallet installed somewhere that already has the seed entered. So, you'd need to lose access to the wallet, then lose the main seed and the backup seed. What's the chance of that happening?

Many people have only 1 seed engraved on a metal plate or stamped on it using one of those kits available on amazon. It can't be burned or flooded, so the only thing you have to worry about is someone stealing it, but in such case you always have the main wallet that you can use to move coins before the thief makes use of your seed.

To be really honest, after I copied out my seed phrase, I haven't checked it again and although I leot it in a very secured location, I have relocated fr my initial place of residence to a new place without taking it along with me. It was the day after I arrived at my location that I even noticed I did not take it along with me. Sometimes little things like this could leed us into trouble. The funny thing is that I kept it in the midst of my other document that my kid sis have access to, my fear is that they might just open the document one day and since I jur wrote it down on a piece of paper, they might mishandle it because they did not know it value. Once I travel back, I will look for a better way of saving it.

I think writing your seed phrase on a sheet of paper is risky. Instead, get a note book or as diary and write them on it and keep somewhere you can easily access.
If you his it somewhere, chances are that you might even forget where you kept it.

And like you said, it is safer to have more than one copies, just in case.

All of the above points from OP sound good in theory than in reality. Seriously how can you be checking your keyphrase everytime when you are supposed to keep it in a safe and secure place?
This does not sound like a good idea in my opinion because checking it every minute and checking it monthly will not give you an indication that it has been compromise assuming someone else has been able to get access.
In all honesty, I don't think there is a particular way to care for keyphrase other than do what you deemed secure enough. Different people with different ways of storing things secretly without letting anyone know about it.

Being a human everyone can forget my dear friend. Don't think that if you have stuck it in you mind. But you can also forget it.
This is a good thing that you check it regularly. After 2 or 3 weeks or in a month. Just because of this you keep this un mind. If accidently you forgot to recheck or you put it anywhere else like the OP done so there is the possibility that you can forget that. So you should safe the seed phrase at two different places this will be good. You can recheck one place time by time if you forget accidentally so you can check the different place you there you will get it back.
OP has shared his experience which is good and we should get a lesson from this. Thanks for sharing.

Well ordinarily the brain is meant for storage,  I have it written down somewhere safe, but I've still tried to let it stick in my head.
So I usually check within two weeks or a week interval depending on how busy my schedule are for the month, over time even without me being at home where I have it written down, I could easily check with my mobile phone.

Yes, it is necessary to periodically verify that seed phrases remain available in the location where you stored them. It is possible for a seed phrase to be tempted no matter where it is kept, especially in the event of a natural disaster or other event. For this reason, we shouldn't give up on our seed phrases without periodically checking on them to make sure they are doing well.

Since anything can happen, it is not a good idea to keep your seed phrase in one specific location. Instead, it is best to store your seed phrase in at least three different places for greater financial security. This way, in the unlikely event that someone loses access to the seed phrase in one location, there will always be a backup. Therefore, we must maintain our seed phrase in several, well-hidden places for optimal security.

I check from time to time the state of my seed words and I have a backup as well that I do not check as often but that is still in good condition, however it would not surprise me if there were a lot of people that thought their seed words were safe and they were just one mistake away from losing all their stash for good, however this is a difficult risk to counter as it is not as if we can check the status of our seed words every day, since such a thing will be very impractical.

Seriously, whenever it comes to my mind, I do decide to check where I store them. You are supposed to be checking your private key often, you can’t just secure your private key and you will decide to abandon it at the place. We all know anything can happen at any time, so once in a while, it won’t be bad if you just decide to check your private key. For some people that do decide to write their private key on paper, we all know that’s not the appropriate place to write our private key. Paper can easily be damaged by either water or fire, and it can be damaged by other things, so if your private key is on paper, it’s better you check it often.

Seriously, I will say paper is not the appropriate place to write your private key. If you will be storing your private key, it’s better to carve it on iron steel. I think it’s better because it can’t be damaged by either water or fire. In case there is a fire or water accident, your private key will still be safe.

It’s better to store your private key in different places in case anything happens and you lose access to one of them, then you are going to have backup, but if you write and store your private key at just a single place, in case if you lose that, then just know that all your funds are gone already, so I do recommend storing your private key in different places, but make sure it’s places that nobody will be having access to.

Its been months now since I have checked my seed phrase, although I am sure about where I kept it but I will have to check it again.
However, since I write down my seed phrase and keep it in a safe, I haven't changed the position where I kept it, as this discussion have remind me of it, I will try to check it out first thing in the morning tomorrow as it is already late over here.