hi there
I can feel the thing you are trying to make secure from other people or hackers which makes us uncomfortable. it is an obvious thing buddy that we don't want to lose our digital assets so I would like to suggest some techniques like;
1. Make encryption of your private keys and save it in secure where hacker can't access them in case, he got accessed to it he will need a second key.
2. save your second key in a metal keycard at a safe place in your home.
3. Encrypt the third key and keep secure it in a hard wallet and place this wallet at another location from your home which should also be a safe one.
I think these tips can help you to make your mnemonic phrase as secure as possible.
Topic: How to keep safe the mnemonic phrase - Whats Your method? - page 5. (Read 668 times)
What if someone got the access in your absence of theft or any disaster?
-> Obviously keep it online in email of any other way is risking your funds.
I'll add one more: What if people you trust are access your wallet and use it all without your permission? -> Obviously keep it online in email of any other way is risking your funds.
If we talk about possibility, every way has it's own risk and a chance to lose all of your coins. It just depends on the person want to take which risk and advantage. If you keep thinking about the worst possibility, you will never think it's already safe.
Let's say I have wrote 50 backup phrases with a good material and spread it to 50 countries, but shit happen on those 50 countries and I can't access my wallet anymore, the reality it's impossible something bad will happen on all the countries.
- Your 12-24 word backup phrase written on a piece of paper or etched on a steel sheet
- Have a passphrase that isn't easy to guess
- Store these in 2-3 places
Don't over complicate it.
- Have a passphrase that isn't easy to guess
- Store these in 2-3 places
Don't over complicate it.
legendary
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The answer depends on many variables, such as how much bitcoin you have, how many safe hiding places you have, what percentage of your net worth is bitcoin and so on.
If you have $700 in bitcoin and your only place to store your seeds is in the house you live in, it's not worth bothering with alternatives. If, on the other hand, let's say you have a considerable amount in bitcoin, which is 50% or more of your net worth, and you have several places to hide the seeds (your house, a holiday home, your parents' house, a remote and difficult to access place in the mountains, a bank safe deposit box...) then you need to explore alternatives.
Otherwise follow Charles-Tim's advice and read the thread on Morocco.
If you have $700 in bitcoin and your only place to store your seeds is in the house you live in, it's not worth bothering with alternatives. If, on the other hand, let's say you have a considerable amount in bitcoin, which is 50% or more of your net worth, and you have several places to hide the seeds (your house, a holiday home, your parents' house, a remote and difficult to access place in the mountains, a bank safe deposit box...) then you need to explore alternatives.
Otherwise follow Charles-Tim's advice and read the thread on Morocco.
fellow members,
As we all know keeping mnemonic phrase in a secure place is the first step of bitcoin journey. But there are few thing that comes in my mind:
->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?
As we all know keeping mnemonic phrase in a secure place is the first step of bitcoin journey. But there are few thing that comes in my mind:
->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?
One way to minimize physical theft is to try to keep your financials as lowkey as possible, most especially, crypto. For instance, don't flaunt on social media or to your IRL peers.
In case of cryptos, burglars typically don't assume you have it and they usually go for the general stuff like cash, gadgets, etc. That is why I'm convinced a lot of physical attacks to crypto users are targeted, which means perps got a hold of their victims activities/information first.
->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?
Usually when a thief invades your home they are going to steal a lot of far more valuable objects than going through a bunch of papers to steal your seed phrase which they may not even know what it is! To put simply your TV is more valuable in their eyes compared to a piece of paper so it is their target.But of course you can always add encryption (a simple AES256 encrypt would work) or the lazy way is to add an extension word (aka the password) that you either memorize or keep elsewhere. This would make it harder to steal coins by only having the seed phrase.
This thread was created not long after the earthquake in Morocco: Keeping or recovering seed phrases during or after a natural disaster.
Read people's replies on the thread.
The best possible way against natural disasters is to backup your seed phrase in far locations from one another.
If you are living in an unsafe place, use a passphrase. If you lose your passphrase backups, you will lose your coins, just as if you lose your seed phrase backups. Do not backup passphrase together with your seed phrase.
Read people's replies on the thread.
The best possible way against natural disasters is to backup your seed phrase in far locations from one another.
If you are living in an unsafe place, use a passphrase. If you lose your passphrase backups, you will lose your coins, just as if you lose your seed phrase backups. Do not backup passphrase together with your seed phrase.
fellow members,
As we all know keeping mnemonic phrase in a secure place is the first step of bitcoin journey. But there are few thing that comes in my mind:
->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?
-> Obviously keep it online in email of any other way is risking your funds.
What can be the best possible way, My favorite method is to using a metal keycard where I marked the phrase buy again it can be stolen
What your way?
As we all know keeping mnemonic phrase in a secure place is the first step of bitcoin journey. But there are few thing that comes in my mind:
->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?
-> Obviously keep it online in email of any other way is risking your funds.
What can be the best possible way, My favorite method is to using a metal keycard where I marked the phrase buy again it can be stolen
What your way?
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