The biggest issue with security is balance. Balancing convenience, and security is one of the big problems of today. Unfortunately, we take it to the extremes whatever end of the spectrum you might be. If you're security conscious, you probably overcompensate which reduces the convenience or if you are like your average internet user, you likely take convenience over security, and therefore are at risk of being compromised.
I can't tell you the right balance, since everyone has a different threat model. However, I can at least give my rationalisation about why balance is important.
It is not a complicated process for me
While that might be true, since the information is fairly easy to remember. How convenient is it for you? For example, if this is for a cold wallet then the inconvenience it requires to enter that passphrase might be mitigated enough to not worry about it much. However, if it was a somewhat hot wallet, you needed to access it frequently then entering that long of a passphrase could potentially be annoying. I know you're probably going to be using this for a offline wallet, so I suspect it is mitigated. However, there's a point in which a longer password doesn't necessary bring much of a security benefit.
I agree with o_e_l_e_o that a overcomplicated, inconvenient passphrase is much better than a insecure setup. Though, lets say you have 50 characters as an example, that would be plenty enough for most situations, barring that it hasn't been generated from a famous quote etc. If its randomly generated 50 characters, then you're probably good. Whereas, adding an additional 50 to take it up to 100, would technically increase the entropy, right. Although, in reality the attack possibilities of a 50 character pass phrase is already quite small, and adding 50 onto it with current techniques, and technology wouldn't make much of a difference at all.
I don't use this method, as I prefer complex and random passphrases which could be a password or passphrase to anything rather than obviously being related to cryptocurrency, but it is still an acceptable method and far more secure than the single word or simple human generated password that many people use as their passphrase.
Underrated remark. If you're backing up your passphrases on paper, where ever you might store that. Don't label it as "BITCOIN PASSWORD TO MY MEGA WALLET", because if a malicious attacker theoretically gained access to that piece of paper they would have a field day. However, if you've written your backup down in such a way that they wouldn't be able to immediately determine its for a Bitcoin wallet, then that's part of the entropy.
Again, security, and convenience right? Since, if you forget what that backup phrase is for, you could be potentially in trouble.