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Topic: Store your seed phrase offline - page 3. (Read 643 times)

hero member
Activity: 2814
Merit: 576
January 06, 2023, 02:42:18 PM
#30
I had an experience where I stored my keys in the cloud, and I lost access to the cloud. Since then I no longer store any seed and pass phrase associated with my wallet in any software or online repository. I prefer to keep my phrases in a book that I can easily keep at home. Indeed, books can be lost, but I always save with backups and this makes me feel safe.
It’s not safer anymore to trust your seed phrases online even how trusted the app is because as long as its operated online, it will always be at risk of losing or hacking, and lose it completely. Personally, I have my own record book about all my passwords and seed phrases of my important documents. Yes, it can still be a subject for stealing but all I have written in there are already having their own duplicates and I kept hodling them in my secret vault at home.
hero member
Activity: 868
Merit: 1094
January 06, 2023, 07:15:28 AM
#29
  • If you need to have a backup for recovery, seed phrase is most important. Without it, you can not recover your wallet if your device is broken and can not be fix technically so that you can access your wallet file.
  • If you don't have a backup but your device is well, wallet file is usable, you only need a password to decrypt it and access it. So in this case, password is more important.
  • Of course a backup (should be multiple backups) should be a first thing to do before using any wallet.
I can prefer file backup for wallet.dat but if using a seed phrase wallet, I will only just prefer to go for seed phrase which makes password not to be important to access my coins because if I forget the password, I can still import the seed phrase on a new wallet to have access to my coins, but with wallets like bitcoin core that do not have seed phrase, I will prefer file backup.
legendary
Activity: 2170
Merit: 3858
Farewell o_e_l_e_o
January 06, 2023, 04:06:25 AM
#28
Your seed phrase is most important than your password. It's better you write it on some kind of paper or any physical notes to store your very important seed phrase. It's better to be knowledgeable about securing your account to prevent hacking.
Both are important and sometimes one is important than another and vice versa.

  • If you need to have a backup for recovery, seed phrase is most important. Without it, you can not recover your wallet if your device is broken and can not be fix technically so that you can access your wallet file.
  • If you don't have a backup but your device is well, wallet file is usable, you only need a password to decrypt it and access it. So in this case, password is more important.
  • Of course a backup (should be multiple backups) should be a first thing to do before using any wallet.
You can brute force your wallet password if you forget it but you can do it for wallet seed. It's impossible.
full member
Activity: 308
Merit: 108
January 06, 2023, 03:51:07 AM
#27
Your seed phrase is most important than your password. It's better you write it on some kind of paper or any physical notes to store your very important seed phrase. It's better to be knowledgeable about securing your account to prevent hacking.
hero member
Activity: 1372
Merit: 908
January 05, 2023, 03:44:15 PM
#26
We have being warned multiple times here not to secure our private key anywhere their is internet connection. if you are saving your password, make sure it's stored in a place where their is no internet connection. No matter how tight the security of where your private key is stored is, it can be hacked at any moment, that's why people are discouraged to store their private key online. If you want to secure your private key, then you can get a steel and carve you private key on it and store it, incase if water touches it, then you are safe because it won't be distroyed.
sr. member
Activity: 831
Merit: 286
Binance #Smart World Global Token
January 05, 2023, 03:32:50 PM
#25
We don't need a third manager to protect passwords because we won't need it, but why do many people trust services that help store passwords when it's not recommended even if you don't store private keys associated with crypto wallets, it's better to store password files on external hard drives and phases are better kept on paper or steel plates that have been processed specifically for storing phrases from wallets.
hero member
Activity: 1498
Merit: 702
January 05, 2023, 03:02:27 PM
#24
If we are to be honest most of the measures like storing your seed phrase in your mail and so on where meant to keep that safe something like a primary means, but moving forward we can understand that it’s not really safe. Technically no measure is completely safe.

I never trust saving my stuffs on line be it saving my personal stuff I want private on an online vault in same manner I don’t keep my seed phrase online.
legendary
Activity: 2212
Merit: 7064
Cashback 15%
January 05, 2023, 02:46:13 PM
#23
What do you think about this? Before hacker can have access to something, that means the vault is online. If something is online, it can be hacked. If a password manager is not offline, do not use it. I like to put my seed phrase on a paper, if you want it safer, you can use a steel backup for it, there are steels that you can buy to backup your seed phrase and it is not a waste of money.
LastPass is password manager and this has nothing to do with bitcoin seed phrases.
I would never suggest saving seed words on any password manager it doens't matter if its' online of offline, just use piece of paper or stainless steel washers/plate.
Similar thing is when you hear words like ''cloud'' you should know that is not really safe because it's just someone else computer drive that is online.
Great open source alternative for LastPass is called KeePass that works offline and it can be used for storing passwords, 2fa and other information.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
January 05, 2023, 02:36:36 PM
#22
Yeah, well I have a ton of homework to do now. I got over 300 passwords (but I'm not stupid enough to put my seeds or wallet passwords there - actually I memorize my wallet passwords by heart) on LastPass around the time of the breach.

My master password is well above the 12-character minimum so I'm not at risk any time soon, but I'm in the process of changing all my passwords and deleting the logins for those sites that no longer exist or shut down.
sr. member
Activity: 350
Merit: 255
January 05, 2023, 02:33:45 PM
#21
Anything stored online is exposed to attack,storing your seed phrase online will be the most foolish thing for anybody to do. I store my on a paper that put in somewhere safe that nobody will think of,I did duplicates and laminated it to make it waterproof,which are in different locations. A steel plate is what am still considering but I don't know if this will be the safest.
sr. member
Activity: 532
Merit: 390
January 05, 2023, 01:56:04 PM
#20
What do you think about this? Before hacker can have access to something, that means the vault is online. If something is online, it can be hacked. If a password manager is not offline, do not use it.

I see using this kind of method ad well as being synonymous to using a centralized wallet or using hot wallet since you're securing your seed phrase online but the funny part is that sone users don't even know why they shouldn't use such and in the same guide some presents the online storage as the safest means to security and storage of keys, newbies or any other users involved in this should understand that using a cloud storage or vault as the case may be isn't the best way to secure our seed phrase.

I like to put my seed phrase on a paper, if you want it safer, you can use a steel backup for it, there are steels that you can buy to backup your seed phrase and it is not a waste of money.

Exactly, if you can only make that little sacrifice of small amount in securing this is better than taking the risk that can help through loosing the whole assets, the more some prefer hardware wallets while some will run a full node if they bare technically equipped all in other to remain privately secured.
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
January 05, 2023, 10:17:26 AM
#19
Everything is ingeniously simple: wrote seed phrase on paper (or other material of your choice) and hid it in a safe place. Make multiple duplicates in exactly the same way. What can go wrong?
What can go wrong is that someone can find it. You can encrypt it, but that means you'll need to make sure you don't lose the password.
Yes, that's right, and each copy of the backup increases the chances that someone can find seed phrases. But still, it seems to me that fewer people can find seed offline than online.

The idea with encrypted information looks better, but with the desire and computing power, it can be decrypted, right? At least it will definitely protect from prying eyes.

Unfortunately, there is no perfect way, but if you choose between online and offline storage, my preference is in favor of offline, even with all the disadvantages.
hero member
Activity: 1643
Merit: 683
LoyceV on the road. Or couch.
January 05, 2023, 09:26:53 AM
#18
Everything is ingeniously simple: wrote seed phrase on paper (or other material of your choice) and hid it in a safe place. Make multiple duplicates in exactly the same way. What can go wrong?
What can go wrong is that someone can find it. You can encrypt it, but that means you'll need to make sure you don't lose the password.
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
January 05, 2023, 09:12:02 AM
#17
OP didn't say anything new in his topic. Here, everyone has long known that online bitcoin storage is the biggest stupidity that can be committed and only offline will be the safest. It seems that technology has advanced a lot in recent years, but nothing can replace the creation of a physical backup.

I've always had a bias against password managers and still don't trust them. Moreover, seed phrases.

Everything is ingeniously simple: wrote seed phrase on paper (or other material of your choice) and hid it in a safe place. Make multiple duplicates in exactly the same way. What can go wrong?
hero member
Activity: 1498
Merit: 785
January 05, 2023, 08:04:35 AM
#16
the safest and most comfortable way to store seed phrases is offline with writing paper that is kept at home, I even wrote several papers

Especially if you are active in Bitcoin circles, especially if you also tell how much bitcoins you have, ... keeping the backup seed at home is not great, since it's the first place a burglar would search for it.
So if you keep it at home, find a way to make it not-really-obvious.
Keeping multiple copies in multiple geographically separated locations becomes a must, especially if you get to amounts that really matter.
It will never be told to anyone how many bitcoins I have because privacy will still be guarded by me so that people will never know the amount of ownership.
Because make sure it's a safe place for me to store the seed phrases and I also won't keep it in one wallet it's broken into several pieces and storage at home is always different at every point of its location, I make sure thieves never know because this is a piece of paper kestas that are safely hidden.

So it's important with lots of copies in various places because indeed with a very good amount I have, I have to be able to keep and I make several points that no one will ever know but these are still in the home circle.
sr. member
Activity: 784
Merit: 399
January 05, 2023, 07:12:50 AM
#15
I also prefer to save Seed phrases offline. At first I just wrote on a piece of paper in my notebook and kept it with other important documents. but I have read in this forum about another way which is more effective and safe even without having to keep it locked. i.e. spreading every word in a Novel book
which is boring and has quite thick pages. and how it spread only I know. So it will be difficult for someone to find word for word in the novel. because it requires a special sign which is quite difficult to be found by people who don't know.

I was inspired by this post by Mr. @ahli38 in this thread
Be honest if i imagine being in the same situation. so I'm also a little confused when it comes to finding solutions to the problem of storing seed phrases safely when we are in a situation where we have to carry them with us when traveling like moving or something like that.

the solution I think of if I want to move house. and of course have to carry everything including a spare sheed phrase of my crypto wallet.
maybe when I'm at home then it's safe when I write it on a piece of paper and keep it in a drawer with a sturdy lock.

but when we will move and take it with us. then I will do the following steps.

- take a book of novels / stories or similar thick reading books.

- took the paper that had my wallet's seed phrase written on it.

- I will start copying into the novel/thick reading book in the order of 1 word per sheet. It doesn't have to be the front page, we can start from the middle page. for example from page 20. if there are 12 seed phrases, then I will write 1 word on page 20, 1 word on page 22, 1 word on page 24, and so on until the 12 words have been copied at the novel/thick reading book.

- after making sure you copied correctly. then burn the initial paper that contains our wallet's seed phrase.

- and now we just need to keep the novel containing the seed phrase on the way safely. I'm pretty sure no one wants to open the page after page of the novel we brought. and if it opens it will certainly be cursory.

second way

We can save our wallet's seed phrase into a novel by bolding or underlining every word that matches our wallet's seed phrase. I don't recommend marking it with a highlighter because it's too obvious.

that's the only solution i could think of. hopefully help in keeping our crypto wallet safe on the way.

but I only do this for wallets that are specifically for storing my assets in the long term.

and for the wallet that I usually use every day, I only save it in the SDcard backup on my cellphone. I don't want to over complicate it. because there are not many assets in it. but for a special wallet for my long term investment. then obviously I saved it specially.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
January 05, 2023, 06:40:55 AM
#14
I find it somehow making your live more difficult for not enough of good reasons
It may surprise you, but I actually find it easier. No need to worry about my phone, if I lose it I get a new one (okay, that's expensive). Less malware to deal with, and strong passwords everywhere.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
January 05, 2023, 06:30:09 AM
#13

While I clearly understand your point, I find it somehow making your live more difficult for not enough of good reasons (of course, you may see my point superficial).
I clearly know that your security is better than mine. But I simply keep my coins on hardware wallet, so I avoid easily most of the possible bad surprises in one step. And the rest - if my passwords get stolen, while it would clearly be a bit unpleasant, it will (by far!) not be the end of the world.
So I went for convenience, knowing hopefully most* of the risks and keep them at a rather low level.

* I don't consider myself knowledgeable enough to claim that I know all of them; doing that would be the first step towards great mistakes.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
January 05, 2023, 06:20:58 AM
#12
People will always go for convenience. And you cannot deny the fact that accessing that online stored passwords across all your devices is a nice feature.
Sure I can: I don't want to share all my passwords on all my devices, it's insecure and therefore a terrible feature. Every additional device that has access increases the risk of compromising your data.

That's why the things (websites, apps) that hold money need at least 2FA too.
I love dust crypto wallets without password and I hate 2FA. Many websites take more and more time to access, just because people can't keep their passwords safe. Every time I login to Gmail from a private window, it emails me to tell me what I did. It's annoying for unimportant accounts.

Quote
And, bottom line, clearly, keeping wallet seed anywhere online is an awful idea, the worse possible one.
I'm not that brave Tongue
hero member
Activity: 2926
Merit: 570
Leading Crypto Sports Betting & Casino Platform
January 05, 2023, 05:45:20 AM
#11
I have been for that belief a long time ago when I've been into this market that keeping important details/data such as passwords and private keys on the cloud is never been safe. Keeping it traditional on a piece of paper or anything that you can keep safely(offline) is way better than it.
Steel plates or dog tags are good ones that I've seen but I've been doing this on a piece of paper for a long time and this has made me more concern about my private keys I'm the one who's really keeping them.
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