Topic: Paper can easily get ruined, fast. (Read 423 times)
True, your memory can fail, writing it down on paper is not a good idea because it can be quickly destroyed by natural factors like water, fire, and others, and trying to memorize it is very dangerous. Rather, avoid placing it anyplace that will be visible, such as on your refrigerator or a bulletin board, and save it in a number of secure places, such as the bank and other secure locations. Above all, avoid saving it online because that's where most individuals want to save their seed phrase. Because they can no longer access their seed phrase, the majority of people have lost their money. This is bad, so exercise caution when keeping your phrase.
you don't underestimate paper,
smart people like to read books,
you yourself go to school using books,
even notes in books are safer than on mobile phones or the internet, because books cannot be hacked, unless stolen, even though they are safer on paper,
even to write a digital wallet address is safer in the book,
don't you ever think the book or paper is not safe,
because basically want on paper, on stone, on cellphones, and so on,
there must be a risk.
smart people like to read books,
you yourself go to school using books,
even notes in books are safer than on mobile phones or the internet, because books cannot be hacked, unless stolen, even though they are safer on paper,
even to write a digital wallet address is safer in the book,
don't you ever think the book or paper is not safe,
because basically want on paper, on stone, on cellphones, and so on,
there must be a risk.
When I graduated from the University and obtained my first degree, I was offered my certificate (transcript) on a paper 🗞️ and when I also rounded up NYSC (National Yought Service Corps), I was also given the certificate on a paper. I really value this two Cert, so I vividly protect them at all cost by putting it in a glass wear case sealed with metal. That is a way I also protect my wallet seed phrase, write it down on a paper and save it in a glass box sealed with metal.
There is no paper wallet or books that are water resistance or fire resistance, how are you protecting yourself from natural disasters that can affect your recovery seed when you wrote it down in a book, big note or paper...
If you are trying to secure your wallet private key you have to be very careful, private key is a very sensitive security key which you shouldn't toy with, have seen losts of people asking you to write it on paper and storing it in different places, but I think instead of writing it on paper it's better you get a metal plate and carve it on it, if you get a multiple metal plates then you carve it on them and secure then in different places atleast that will protect your private key from some natural disaster like water disaster and fire disaster and you will have multiple backup. I notice a mistake some newbies always make, some of them always secure their private key online which is very wrong, your should make sure anywhere you are securing your wallet address, their should not be internet connection to be at a safer side.
What I meant is that, since I have my crypto wallet address on my phone, I can still get the seed phrase from there. I haven't for once stored my recovery seed phrase on my phone. That's what am trying to explain
Ah, I understand now, as the way you put it it looked like you are keeping seed on your mobile phone. Still, I do hope that your mobile wallet is not your main one as those are far from being secure for long term hodl. They are good enough (if you are using open-source non custodial one) for a sort of hot wallet store where you keep crypto for every day use, but if I am you I would consider getting one of the hardware wallets as you can find good ones for less than $100. 
I have for once, think about such a scenario. What gives me the courage not to worry or think about it much was that I will still have my phone to fall back on to recover my seed phrases, if a peradventure happens. There is no way I can lose my phone and the paper I wrote down my recovery seed phrases will get burnt in natural disasters at the same time. I will either have one with me. Which is my phone
There is no way that you can lose your phone? LOL. Saving seed on your phone is one of the worst places possible to store something as sensitive as seed is. Not only that you can lose the phone, someone can steal it as well, or your phone may suddenly stop working without you being able to switch it on ever again (something like that happened to me despite it being relatively new Samsung flagship model). So no, you are not well prepared at all.My advice for you is to delete the seed from your phone asap and instead save a copy at your parent's house, or whoever you can trust with something like that.
There is no paper wallet or books that are water resistance or fire resistance, how are you protecting yourself from natural disasters that can affect your recovery seed when you wrote it down in a book, big note or paper...
Since you are that interested in using paper wallet i will advise you get your keys inscribed on a metalic material that can be indestructible, safeguard the material and if possible have another copy of it making two and save them in two different locations, this method is the best and most recommended of other means of handling, if you make use of laminating it on paper it can only be waterproof but fire can burn it up, using a metalic material can withstand both fire and water disaster.
I have for once, think about such a scenario. What gives me the courage not to worry or think about it much was that I will still have my phone to fall back on to recover my seed phrases, if a peradventure happens. There is no way I can lose my phone and the paper I wrote down my recovery seed phrases will get burnt in natural disasters at the same time. I will either have one with me. Which is my phone
There is no way that you can lose your phone? LOL. Saving seed on your phone is one of the worst places possible to store something as sensitive as seed is. Not only that you can lose the phone, someone can steal it as well, or your phone may suddenly stop working without you being able to switch it on ever again (something like that happened to me despite it being relatively new Samsung flagship model). So no, you are not well prepared at all.My advice for you is to delete the seed from your phone asap and instead save a copy at your parent's house, or whoever you can trust with something like that.
I have for once, think about such a scenario. What gives me the courage not to worry or think about it much was that I will still have my phone to fall back on to recover my seed phrases, if a peradventure happens. There is no way I can lose my phone and the paper I wrote down my recovery seed phrases will get burnt in natural disasters at the same time. I will either have one with me. Which is my phone that has my crypto wallet address
Writing seed phrases on paper is the simplest and most secured way of keeping your keys safe, this practice is 100% offline so there is no chance of revealing those valuable words to sneaky eyes.
You are right that paper easily gets destroyed but there are ways to secure your paper, it's better to use a book instead and store that book in a safe with lock or key combination lock.
You can also carve the seed words on a iron like steel, and keep the steel in a safe with a security lock.
You are right that paper easily gets destroyed but there are ways to secure your paper, it's better to use a book instead and store that book in a safe with lock or key combination lock.
You can also carve the seed words on a iron like steel, and keep the steel in a safe with a security lock.
You could always have it memorized.
You could also go on your mobile, to the notes app probably already installed on your device and have it written and stored there. Then safeguard it all with a password or whatever security lock your device uses.
These are probably the things which we should avoid while safely keeping our seed phrase and you are going the wrong way.Do you think the human mind is capable of memorizing the 12-24 words in complete order for whole lifetime? You could easily mess that up and brute forcing will not be an option to you.You could also go on your mobile, to the notes app probably already installed on your device and have it written and stored there. Then safeguard it all with a password or whatever security lock your device uses.
Storing it on notes on mobile is risky as what if your phone is lost? Your seed inside your phone will be used to take out your funds by importing it to any wallet that supports BIP-39 and then you will regret.Any security lock on it is breakable as it's easy to do such things so don't go this way and prefer offline modes only.
That's why it is good to have a different copy of this seed into your place and of course you want to become safe and not getting prone and vulnerable to the hackers paper is the best but because of it's too much fragile it is good to have a lot of copies of it to make sure you don't miss out incase you lose it but of course for sure no one will forgot those wallet if there's a large amount of assets.
You could always have it memorized.
This is really the worst idea in my opinion, who can remember more than 20 words containing uppercase and lowercase characters, it's not an easy thing to do especially for a long time.
You could always have it memorized.
This is really the worst idea in my opinion, who can remember more than 20 words containing uppercase and lowercase characters, it's not an easy thing to do especially for a long time.You could also go on your mobile, to the notes app probably already installed on your device and have it written and stored there. Then safeguard it all with a password or whatever security lock your device uses.
How sure are you that the recovery phrase will be safe there. I don't recommend saving the backup recovery phrase in the above way, it's too risky for me. You should consider choosing the media or place as you mentioned because it is very vulnerable to the risk of being lost or damaged.If you don't want to have the same fate as this user, then consider storing the recovery phrase in a safer place.
This wallet I created in 2017. Then Im sure I copied the private keys but I think its saved in a hard drive that is broken.
There is no paper wallet or books that are water resistance or fire resistance, how are you protecting yourself from natural disasters that can affect your recovery seed when you wrote it down in a book, big note or paper...
Doesnt really mean you need to write it down on a piece of paper. It could be somewhere durable or anything that could withstand any possible scenarios such as flood or fire.Therr is a simple one or lamination. But to think a very high act of hazard could happened. It alsways better to have back up. Or to be more secure then write it on paper, cover it with something strong bury it on a place no one would find or dig it below and put it there. There are some ways to remedy this, you just need to be creative and wise to protect it.
There is no paper wallet or books that are water resistance or fire resistance, how are you protecting yourself from natural disasters that can affect your recovery seed when you wrote it down in a book, big note or paper...
It's better to engrave it to a metal steel or aluminum bar rather than relying on a piece of paper. In this way no matter if it's exposed to flame or water, you've got no problem as it won't get destroyed.
Seed phrases should be treated like our bank pin like doing whatever it takes to make sure we still have it even with the effect of natural disasters.
Bank pins can be memorized easily, but not seed phrases or private keys. Do whatever it takes for these seed phrases to be protected even if it means that we are greatly affected by these natural disasters in the future.
Natural disaster can affect seed phrase written in a book.
Putting them in two different locations would prevent this. Disaster proof is not so reliable as there are many variables to consider.A safe way of being relatively secured is having more than one safe locations. A disaster would not likely hit both (or more) of the locations at the exact same time.
For the seed being placed on any devices/documents/websites, I think it will be good to encrypt it rather than just putting the exact same words. Still both of these will not work for everyone, so I think people should stick on how can they properly manage to store their seeds.
There is no paper wallet or books that are water resistance or fire resistance, how are you protecting yourself from natural disasters that can affect your recovery seed when you wrote it down in a book, big note or paper...
Good question- I think the best possible way in order to secure your recovery seed while not compromising its safety is to store them in a sealed deposit box. Generally, you can get a deposit box and have it deposited in your local bank for safekeeping. Maybe another method would be to properly store it in your own safety box for maximum security.
Given that there is really nothing secured in the internet, I highly advise you to keep or store it digitally as it may be susceptible of hacking. At the end of the day, it all boils down to the least likely event that would happen as anything can definitely happen- just go with the lower chances of happening.
Natural disaster can affect seed phrase written in a book.
Putting them in two different locations would prevent this. Disaster proof is not so reliable as there are many variables to consider.A safe way of being relatively secured is having more than one safe locations. A disaster would not likely hit both (or more) of the locations at the exact same time.
Jump to: