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Author Topic: Just imagine this thing.  (Read 193 times)
Justbillywitt
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March 11, 2024, 10:53:57 AM
 #21

When storing your wallet recovery phrase, it is advisable not to store it only in one place. You can have multiple places where you can write it down and hide it. You can store it in up to 5 different places and there is no way you can lost all of it at once. Like me what I did was to write my own down in my diary and I use to read it like a book every morning and night, two months later I realized that I have memorized the recovery phrases and I can write them down in the order it is when given pen and paper. This is another option I have and there is no way I can lose that one too. Apart from that I have my phrase well stored in multiple places where only me can access it.

Claudeake
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March 12, 2024, 04:52:13 AM
 #22

Wetin I fit talk for this matter be say make every person wey get seed phrase find better money wey e go make one fine engraving wey go Carry d no's of the seed phrase.
Wen e Don do dis one finish, make e burying yam for ground we no body go see yam. Dis one, even fire sef , flood sef e go do am anything.
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March 12, 2024, 05:37:25 AM
 #23

Wetin I fit talk for this matter be say make every person wey get seed phrase find better money wey e go make one fine engraving wey go Carry d no's of the seed phrase.
Wen e Don do dis one finish, make e burying yam for ground we no body go see yam. Dis one, even fire sef , flood sef e go do am anything.
I laughed in Swahili Angry how this one take be solution to a the question (maybe you didn't read through the ops thread). OP mentioned a volcano any you still say the solution should be to buy yam and burry it on the ground, now burry the yam for what reason? If fired can melt an iron what is just a yam or what ever? The expected you to advise the OP to rin from the environment he stays because ones you don't have life your wealth is useless to you, it is only your families that will enjoy it, so if you want to enjoy what you have struggled for it better to be in an environment were is safe.

AVE5
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March 12, 2024, 09:48:13 AM
 #24

When you dey backup your seed phrase, e dey advisable to make multiple backups and to keep am for different locations. By multiple backups, I no mean say both of them go dey the same building, if possible store am for different states. So if you lost your device or one location of your seed phrase to fire outbreak, flood, tornado, tsunami etc, the other one go dey safe. Also, if you get money you fit use metallic steel plate to engrave your seed phrase so that fire, earthquake etc. no go fit do am anything.

You've said all the necessary accordingly @sokani but can we also the other way consider if we also stores our seed phrase online as alternative after some hardwares storage unit, it could also help us recover those phrases in as much we could have access to our daily Internet accounts. I believe we usually memorizes our social internet accounts that we could get access to it whenever we wanted maybe on the facts that the passwords are very brief to capture.
If not for the risk that we could be hacked and get lost of our social accounts accesses these would had been a best option for a scenero like this because the above being mentioned can also be victimized if those disasters can take place.
The reality truth is that in some cases when we misses to do the right thing, then there's just nothing we can do and no remedy to wake the dead after death.
I just hope this only ends as imaginations like this because it would be traumatic, suicidal or some kind of negativity if it happens.
Yet, there's every Possibilities that it could happen so let's just take that note and apply more conciousness to our holding security demands.

odunybiz
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March 18, 2024, 11:16:46 PM
 #25

Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.

For many area for the world , e get places wey dey always experience extreme weather condition such as heavy rain and flood, fire outbreaks, tornado, war and other situation.
If person lost all access wetin e go do. Make I ask you, wetin you go do for such situation.

This made crypto savings different from bank saving.. Immediately you lost your seed phrase, then you lost all the savings in the wallet. That is why you should always try to save it in a mail you know off hand. This protect your savings as you can't easily forget it unless such person has an issue relating to loss of memory.

babagem1
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March 19, 2024, 02:11:39 AM
 #26

Baba you funny how you go get money for wallet and you no go get better place wey you go save your money, everything suppose Dey secured well it depends on how much you get and how serious you take am, Omo if you really get money for wallet even though say flood carry everything you no suppose lost your money for wallet, you get email Abi? Why you no save your phrase for email or iCloud, because you get your email and password and you can log in from anywhere the same thing as iCloud, Omo waiting owner think about am, saying some of your information for email is the best for me and you can get it back anytime
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March 19, 2024, 05:04:59 AM
 #27


This made crypto savings different from bank saving.. Immediately you lost your seed phrase, then you lost all the savings in the wallet. That is why you should always try to save it in a mail you know off hand. This protect your savings as you can't easily forget it unless such person has an issue relating to loss of memory.

Bro in as much as say if your seed phrase and you no get access to you device e don go, and you no go fit recover your money back, e no dey advisable to save our seed phrase for mail. If you read how to secure your seed phrase, you go see say, that method of storage na very dangerous one , and if hacker paraventure enter your mail, e mean say, all your money don go. Because them no go leave even small unit for you Grin. If you wan save very large amount of asset, it is recommended that you buy a hardware wallet, but if you just like to save small asset for the main time, then use a non-custodial wallet, either mobile or desktop version.

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Hewlet
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March 19, 2024, 06:29:08 AM
 #28

Wetin go happen now, if person lost all access to him wallet. Imagine say, due to flood, crisis, fire, theft , person lost in wallet phrase, phone, laptop, drive or books or whatever related to your wallet recovery and safety.

For many area for the world , e get places wey dey always experience extreme weather condition such as heavy rain and flood, fire outbreaks, tornado, war and other situation.
If person lost all access wetin e go do. Make I ask you, wetin you go do for such situation.
as you de save your wallet for locations when you think say de safe, try crame am small for head, e get y.

When most of us been de school, we crame plenty things for head and some of them still de our head till today and now when e don reach time to crime wetin relate to our money e come be like say our head don block finish. I been read say the most unsafe place to store your seed phrase na to save am for your head because say you fit forget am but me don use my own create song when I no go fit forget no matter what. Some of us can literally sing A for apple, B for ball, C for cup and so on even though it's been long we learnt it and it's now part of us.

But let's imagin the worst case scenario that you've lost access to your phrase when means you can't access your fund, wetin you fit do na, e no get as e wan take be na, wetin don be done be and na to just face front comot body.

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