Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?
Would you try?
What are the benefits? ... and the setbacks.
there is nothing wrong with trying to memorize your seed phrase as an additional safety measures should for any reason you loose track of the physical one you've written down somewhere, the only issue is when you become careless with the copy you've written down all because you've cramed your seedphase. As a little boy from high school, I have cramed way more than the total number of words in my seed phrase while preparing for an exams and it's been more than 5 years along the line and i haven't forgotten it but that's never enough reason to trust my memory with such a delicate information.
The smartest brain has an high possibility of forgetting things faster than what's written down via a pencil. Maybe your consideration could be that you will need to crame it so if you need to take out a portion of your holding when you're far away from him and needs an urgent fund to use in sorting out yourself you could easily reach out to your funds but that's even another disadvantage that might cause you to always lay hands on your holding. At some point and in some way, it's best to keep your seed phrase in a place you wouldn't always have access to at will most expecially if you're working on building a strong portfolio with time.