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Author Topic: Is it advisable to memorize seed phrase?  (Read 476 times)
teosanru
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January 06, 2023, 04:09:28 PM
 #41

I read that one of the best ways to preserve a seed phrase is to write it on a piece of paper and keep it in a safe place... Somewhere safe could be in your home out of the reach of family members and friends, it could also be a safe deposit box. But not everyone are financially buoyant to afford the services of a deposit box.

I believe we must have seen or heard about fire outbreaks, where buildings are completely erased by fire. Imagine if the owner or occupant of such a building has some Bitcoin assets, and has his/her phone, tablet, laptop and the seed phrase piece of paper in the building and everything was lost to fire. Now, this brings me to the question... Can seed phrase be memorized? It's advisable to memorize seed phrase?
Obviously it's best to memorize your seed phrase but i would definitely not suggest that this should be your only option. because if we are considering worst scenarios then what if something happens to you? Moreover it's a human brain afterall and you can easily forget such a long seed phrase pretty easily i would suggest doing it both the ways keeping it in two secret places just for safety and also memorizing it. After all this the risk of losing it is honestly very minimal which really is worth the bet.
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January 06, 2023, 04:10:19 PM
 #42

I read that one of the best ways to preserve a seed phrase is to write it on a piece of paper and keep it in a safe place... Somewhere safe could be in your home out of the reach of family members and friends, it could also be a safe deposit box. But not everyone are financially buoyant to afford the services of a deposit box.

I believe we must have seen or heard about fire outbreaks, where buildings are completely erased by fire. Imagine if the owner or occupant of such a building has some Bitcoin assets, and has his/her phone, tablet, laptop and the seed phrase piece of paper in the building and everything was lost to fire. Now, this brings me to the question... Can seed phrase be memorized? It's advisable to memorize seed phrase?

No, it's a bad idea because, over time, our memory will forget some things, and if you accidentally forget your seed phrase, you will lose all your bitcoins forever. If you are afraid that writing on paper may burn in fire, you can copy us into different copies and for convenience use a USB and store them, and keep them with you or somewhere only you know. With 4 copies, 3 paper copies, and 1 USB I think it will be safe.

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January 06, 2023, 05:00:54 PM
 #43

some people do other fun things
write it down in any form they like (paper)(etching metal)
and put that into a metal tin. and then put that tin in a plastic sealed container. and bury it in their back garden (if they fear family theft or neighbour theft when visiting the house)

some people have tatooed themselves in a private area

some have lazer engraved it into diamonds

some have metal etched it into the inside of their wedding ring


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January 06, 2023, 05:18:39 PM
 #44

I read that one of the best ways to preserve a seed phrase is to write it on a piece of paper and keep it in a safe place... Somewhere safe could be in your home out of the reach of family members and friends, it could also be a safe deposit box. But not everyone are financially buoyant to afford the services of a deposit box.
This is correct but even if someone isn't financial capable of buying a safe or deposit box, how can you keep a lot of your assets in crypto when a thing that will give you additional security is can't afford. You really have to invest on it and slash some bucks on your crypto assets to have it.

I believe we must have seen or heard about fire outbreaks, where buildings are completely erased by fire. Imagine if the owner or occupant of such a building has some Bitcoin assets, and has his/her phone, tablet, laptop and the seed phrase piece of paper in the building and everything was lost to fire.
That person who might have that incident don't know how to do back ups, there are too many ways in creating a backup where it goes wherever you goes. So, you do the thing and strategy by doing that since the hint is there.

Now, this brings me to the question... Can seed phrase be memorized? It's advisable to memorize seed phrase?
I have heard and seen someone brought it up with this idea, yes you can memorize your seed phrase but it's not advisable at all. Do you trust your memory and mind? If so then you do it confidently but most of us can be forgetful and I've also seen situations where people have locked their bitcoins up with forgotten passwords, phrases and accounts. And that's why it's not advisable.

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January 06, 2023, 05:26:13 PM
 #45

I read that one of the best ways to preserve a seed phrase is to write it on a piece of paper and keep it in a safe place... Somewhere safe could be in your home out of the reach of family members and friends, it could also be a safe deposit box. But not everyone are financially buoyant to afford the services of a deposit box.

I believe we must have seen or heard about fire outbreaks, where buildings are completely erased by fire. Imagine if the owner or occupant of such a building has some Bitcoin assets, and has his/her phone, tablet, laptop and the seed phrase piece of paper in the building and everything was lost to fire. Now, this brings me to the question... Can seed phrase be memorized? It's advisable to memorize seed phrase?

Of course you can, I think memorizing the seed phrases is fine and I don't think there's anything wrong with that.
But if memorizing it in your mind is the only thing you do to store your seed phrases, that's reckless and overconfidence.
Slow years our brain will definitely experience a decrease in its performance and we can also be hit by a disaster that causes amnesia. Who knows?.

There are many ways to store our seed phrases such as storing them digitally, writing on paper, printing/engraving them on metal or other media.
It depends on our creativity to secure the seed phrase that we have.
There have been many discussions in this forum which have made and summarized any ways we can store the seed phrases we have.
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January 06, 2023, 05:41:22 PM
 #46

To avoid such incident you have to make duplicates of your private keys and seed phrase multiple places, for instance if you already gotten married you could share and store it into your wife's phones or system and as well you can save it in your phone and any other gadgets out there. This relief you from having a heart attack over your private keys and seed phrase. Memorizing is very risky however, you may do that but whenever you tried to miss any line then you are total lost and your funds can't be recovered anymore all less you keep playing with it over times to get it stored in your memory.

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January 06, 2023, 06:06:41 PM
 #47

I read that one of the best ways to preserve a seed phrase is to write it on a piece of paper and keep it in a safe place... Somewhere safe could be in your home out of the reach of family members and friends, it could also be a safe deposit box. But not everyone are financially buoyant to afford the services of a deposit box.

I believe we must have seen or heard about fire outbreaks, where buildings are completely erased by fire. Imagine if the owner or occupant of such a building has some Bitcoin assets, and has his/her phone, tablet, laptop and the seed phrase piece of paper in the building and everything was lost to fire. Now, this brings me to the question... Can seed phrase be memorized? It's advisable to memorize seed phrase?

Better to write them down (without memorizing) on flat sheet of fire-proof metals and bury in multiple places at home inside in the ground where you can easily remember you buried them.
The problem with memorizing is that you can give it away or it can be stolen from you when you are drunk/drugged, in the dream/sleep, subconsciously etc
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January 06, 2023, 06:09:09 PM
 #48

Yes, seed phrases can be memorized if you have the ability to do so but it is not advisable to memorize seed phrases particularly if you're men regardless of age, men are more forgetful than women and it is confirmed by researchers.
In the situation of a fire outbreak, there is some metal Bitcoin seed storage which is already been put to different types of tests (crush, corrosion, and heat stress test) by Jameson Lopp.

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January 06, 2023, 06:44:59 PM
 #49

I believe we must have seen or heard about fire outbreaks, where buildings are completely erased by fire. Imagine if the owner or occupant of such a building has some Bitcoin assets, and has his/her phone, tablet, laptop and the seed phrase piece of paper in the building and everything was lost to fire. Now, this brings me to the question... Can seed phrase be memorized? It's advisable to memorize seed phrase?
It isn't advisable but it should come in handy instead of going to the place where you hide your seeds only to open up your wallet but we shouldn't be confident with how good our memory was, so it is always safe to have a back up. Write it down in something sturdy so that it will survive any hazardous elements. Some vaults are also strong and I think not all of them are expensive, especially the smaller ones.

The only thing that boggles me is that when we say vault. The first thing will then came to our mind is money and other valuable items. Criminals and even the normal person knows this. They will always be after it once they see it so I still prefer to keep my keys in a secret location instead.

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January 06, 2023, 07:35:33 PM
 #50

With your seed phrase, you can do whatever you want. So it's up to you whether you want to memorize your seed phrase or write it down on multiple pieces of paper. It's preferable if you have memories, but it would be too difficult for me. If there is a fire and you leave everything on the house, you will lose everything if you can't remember your seed. What if you keep your seed safe somewhere else? Is it any other trusted house or a relative's house that isn't aware of crypto? Or is your office in a secure location? I simply mean keep it in multiple locations where you feel safe. You could even store it underground, where fire cannot destroy it.

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January 06, 2023, 08:41:23 PM
 #51

I don't see the harm in doing that, but it should not be the primary option for securing it, humans don't have the best memory, you won't even realize that you forgot it until you will need it.

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January 06, 2023, 08:57:14 PM
 #52

A seed phrase isn't something easy to memorize and we probably forget it in the long term. The best way is to secure it, by writing the seed phrase on a piece of paper, steel plate, or the like. Choose the medium that we think to last a long time!

Put the paper, steel plate, or other media somewhere that we assume it will be the most secure place. But don't put it on a place that we may forget it and it is better to let the closest person knows it. We don't know how long we live! If something happens to us, we need someone to find the seed phrase to access our Bitcoin assets.



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January 06, 2023, 09:21:47 PM
 #53

I think it is not that easy to memorize seed phase because it is very long it is good if we can memorize it for security reasons but we can still do another simple way to make it safe we can simply copy it and restore to a safe place that no one can see it.


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January 06, 2023, 09:22:30 PM
 #54

As stated in the discussion of this thread, there are lots of options to keep and back up our seed phrase so I don't think there is a necessity to memorize your seed phrases in terms of keeping your seed phrases safe.  It is cool to memorize seed phrases but if you happen to have many wallets, can you keep up with this memorize seed phrase thing?  Let us say in a scenario where you have Bitcoin but are also invested in ETH, SOL, BNB, and DOGE, and each has 3 different wallets, the possibility of mixing the seed phrases is too huge so as cool as memorizing seed phrases sounds, I wouldn't recommend to use it as a sole back up of your seed phrases or private key.

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BlackHatCoiner
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January 06, 2023, 09:27:23 PM
 #55

But not everyone are financially buoyant to afford the services of a deposit box.
Actually, a deposit box, while good idea for stuff like cash, gold, jewelry etc., can be a bad one for bitcoin, because it pretty much reveals the location of your seed phrase, likely. You can hide better than that. Just be a little more creative, and figure out a place in your apartment or cottage, wherein you can hide twelve words effectively, securely and without betraying you're hiding something valuable.

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molsewid
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January 06, 2023, 09:37:37 PM
 #56

I read that one of the best ways to preserve a seed phrase is to write it on a piece of paper and keep it in a safe place... Somewhere safe could be in your home out of the reach of family members and friends, it could also be a safe deposit box. But not everyone are financially buoyant to afford the services of a deposit box.

I believe we must have seen or heard about fire outbreaks, where buildings are completely erased by fire. Imagine if the owner or occupant of such a building has some Bitcoin assets, and has his/her phone, tablet, laptop and the seed phrase piece of paper in the building and everything was lost to fire. Now, this brings me to the question... Can seed phrase be memorized? It's advisable to memorize seed phrase?
I doubt you can have it your mind for a very long time, as older as we can get we tend to forget many things, we also begin to forget little by little, our capacity to memorize and retain every single details on our mind gets narrowed. It is better to write it in your notebook or journal or make a thing that will signify the word you are having in your keys. It is good to memorize it but how long can you keep it?
famososMuertos
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January 06, 2023, 09:44:19 PM
Last edit: January 06, 2023, 09:54:47 PM by famososMuertos
 #57

I read that one of the best ways to preserve a seed phrase is to write it on a piece of paper and keep it in a safe place...
Yes!


... Somewhere safe could be in your home out of the reach of family members and friends, it could also be a safe deposit box. But not everyone are financially buoyant to afford the services of a deposit box.
...
In general, safe deposit boxes keep things of value that anyone can see, then detect and in fact a safe deposit box is a big notice that says "there are things of great value here". But it is something that bitcoin in its simple essence of security protects very well in the simple fact of a few sentences.

In any case, it is a very bad excuse, it is not necessary. On the other hand, how to keep things of great value, even those that have sentimental value from generation to generation, It is difficult, very hard to protect those things because what you mention usually happens but not with a few sentences.

... Can seed phrase be memorized? It's advisable to memorize seed phrase?
Yes.

...  It's advisable to memorize seed phrase?
No... write it down, it's simple.

One of 100,000,000 options:




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January 06, 2023, 10:08:57 PM
 #58

Yes one can memorize their seed phrase but the truth be told that that it isn't advisable because tye work involved in memorizing seed phrase isn't worth it when there are other more preferable ways to store the seed phrase.
It will be more easier to memorize and recall your email password rather than memorizing a seed phrase and also if it's possible to memorize your email easily then I would advise that the seed phrase be save in the email so it can be easily assessed at any place and at any time.
I will never advise anyone to memorize their seed phrase and I wish all a sensitisation campaign should be held for this too.

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drwhobox
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January 06, 2023, 10:32:30 PM
 #59

If you can memorize seed phrases then do it. But do not rely on your memory only it will be foolish for anyone to do that. Keep them stored in different places, Give one to your mom, give one to your wife, and keep it at your house or other family members' house. There are many practical solutions for that. Not every place will burn with some magical fire.

Don't get panicky about keeping some words or phrases, there are more serious things to worry about.
goldkingcoiner
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January 06, 2023, 10:43:21 PM
 #60

I read that one of the best ways to preserve a seed phrase is to write it on a piece of paper and keep it in a safe place... Somewhere safe could be in your home out of the reach of family members and friends, it could also be a safe deposit box. But not everyone are financially buoyant to afford the services of a deposit box.

I believe we must have seen or heard about fire outbreaks, where buildings are completely erased by fire. Imagine if the owner or occupant of such a building has some Bitcoin assets, and has his/her phone, tablet, laptop and the seed phrase piece of paper in the building and everything was lost to fire. Now, this brings me to the question... Can seed phrase be memorized? It's advisable to memorize seed phrase?

It really depends on how good your memory is. If you have a bad memory and tend to forget certain things quickly, then I very much doubt your strategy of keeping your seed phrase in your head, will become something with a successful ending.

I personally am quite forgetful and I doubt I could remember my seed phrase for a long time. Maybe I could, maybe I could not, but that's not something I am willing to bet my money on. Better safe than sorry.

Whats wrong with a hardware wallet? They are really the most secure wallets that you can store your coins on.

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