Pages:
Author

Topic: Paper can easily get ruined, fast. - page 3. (Read 505 times)

legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
October 01, 2022, 02:19:10 PM
#5
<…>
Neither of those ideas are any good really:

-   Committing to memory 12 or 24 words in a given order is not an easy feat, and just try letting some time go by to see how that plays out.

-   Having the seed on any online device can be subject to things like losing the phone, being hacked (i.e. malware), confiding in a random note app which may be doing God knows what and so forth.
sr. member
Activity: 742
Merit: 275
October 01, 2022, 02:10:20 PM
#4
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.

legendary
Activity: 1106
Merit: 1337
Lightning network is good with small amount of BTC
October 01, 2022, 01:53:49 PM
#3
To avoid natural disasters like earthquake, landslide, flooding or many others like that, it is good to have your seed phrase offhand. This is not advisable at all, it is good to backup your seed phrase in different places instead, but after that, you can have it offhand, but do not depend on your memory at all, but it may be helpful.
legendary
Activity: 994
Merit: 1089
October 01, 2022, 01:52:32 PM
#2
Write out your recovery phrase on a paper, laminate it and make many backups, then put them in more than one or two locations, there is no other alternative that can be better than simply writing your recovery phrase on a paper, and it is cost effective too. If you are unsure about that, you can engrave your seed phrase on a metal steel, either by buying the steel from companies that sell them, or if you can make one for yourself, then you can go ahead and do so. But from my research: Never give somebody else your recovery phrase to help you engrave it into a metal steel, you must learn how to do it yourself if you must use it.

Needless to add that in a natural disaster you may be worried about better things like your life, and that of your family than your bitcoin funds, and if you manage to save your life and lose your money, you should be happy Cheesy.
sr. member
Activity: 728
Merit: 388
DGbet.fun - Crypto Sportsbook
October 01, 2022, 01:27:24 PM
#1
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...
Pages:
Jump to: