dzungmobile (OP)
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March 05, 2023, 06:15:20 PM |
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My memory wakes up today and I think it's interesting to share this funny story. How do you safely keep your recovery phrase written on paper?Yesterday, my mom did a general cleaning on my room and when she's done, I saw the recovery phrase of my Trezor hardware wallet on the garbage
Having backups for your wallet is good but it is not enough. You must do two other important things 1. Keep your backups safely from others to avoid risk that they will steal it (if they are greedy) or throw it away (because they did not know importance of that piece of paper). 2. Make sure you assign a place for your backup storage and it's always in your mind. In case there is emergency, you can quickly know where it is and can take it to run away.
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Upgrade00
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March 05, 2023, 06:24:31 PM |
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To be doubly safe during an emergency, have an alternate back up spot which is in a separate location.
So if you somehow cannot access the first one due to a natural disaster or some other event, you always have the second one to rely on and access your funds.
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dzungmobile (OP)
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March 05, 2023, 06:27:37 PM |
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To be doubly safe during an emergency, have an alternate back up spot which is in a separate location.
So if you somehow cannot access the first one due to a natural disaster or some other event, you always have the second one to rely on and access your funds.
Having different locations to store your backups is good but if you can quickly exit from emergency with your back up at any location, it's good, not bad. Black swan event can happen if your backup in 2nd location is unusable too.
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Coyster
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March 05, 2023, 06:46:14 PM |
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That is somewhat of an old thread, and in that topic all the suggestions on the best way to protect your backup was provided in it, i think making a second thread out of it is redundant because all the same suggestions would be repeated here. If there was anything unique you wanted to add, you could have just bumped the topic as it is still not yet locked.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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BitMaxz
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March 06, 2023, 11:07:27 PM |
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It's the same as what happened to me the only difference is that you are lucky that you still find the paper backup in the garbage compared to mine where they already burned my backup paper. That is why I decided to put all paper backups in a storage box that includes my important documents and I told them not to touch my storage box without my permission.
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sheenshane
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March 06, 2023, 11:58:35 PM |
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It's the same as what happened to me the only difference is that you are lucky that you still find the paper backup in the garbage compared to mine where they already burned my backup paper. That is why I decided to put all paper backups in a storage box that includes my important documents and I told them not to touch my storage box without my permission.
Storage boxes or let's say a metal vault might easily to spot from stealing. This was what I suggested to my friend a long time ago, in your room if you have books, just place them there by the book and spread your private key per page, the book that has a strong cover. A book also usually didn't mystically throw in the garbage. It's essential to keep your backups in a safe and secure location that is inaccessible to others. This can help prevent theft or accidental damage to your backup, which can be devastating if you need to access it in an emergency and if you find yourself in a situation where you need to quickly access your backup, you'll know exactly where to find it. This can be especially critical during emergency situations when time is of the essence.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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Razmirraz
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March 07, 2023, 06:24:18 AM |
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I don't think you need to create a new thread to share this funny story. There is lots of advice on how best to protect your backups that can be taken away in an emergency or when you change domicile. Your two suggestions are among the many suggestions that can be used for wallet backup, you can post there because the direction is still on the same track especially since the topic there is still open for anyone who wants to bring it back up.
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Jon_Hodl
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March 07, 2023, 07:41:33 AM |
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I have my seed words stamped into steel and in a safe location but in the wake of the recent train derailmemt in east Ohio, I have had to re-evaluate where I store my seed phrase.
Ideally, you want somewhere that is accessible and permanent but if the air becomes unbreathable due to chemical fires, you won't be able to access it.
Having a backup location, with your seed phrase is probably a good idea. It is also showing me the importance of using BIP39 passphrases to add a layer of protection if I need to ask a friend or family member to keep a copy for me.
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Lucius
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You have just labeled yourself as a careless person in this forum. Your mom put your backup phrase into a garbage can, so it was probably on the floor which is why she was able to sweep it and throw it with the garbage.
Read the OP a little better, because he just showed an example of another member, it's not his story.
Regarding the topic of backups, there are hundreds of similar threads discussing how to achieve the best security and reduce risk to a minimum, but there is no single method that can be considered absolutely safe. One backup is generally a bad idea, but multiple backups in the same location also doesn't make much sense. Unfortunately, most people cannot afford to keep their backups in different locations, so you have to be innovative and creative. Whatever you do about it, don't talk about it to friends and acquaintances, but also to family members who don't know how to keep their mouths shut.
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Plaguedeath
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March 07, 2023, 01:01:19 PM |
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Whatever you do about it, don't talk about it to friends and acquaintances, but also to family members who don't know how to keep their mouths shut.
It's easy to avoid to talk it with friends and acquaintances, but for family members it seems to be tricky because you don't have a way to make sure they will shut their mouths and will not making any mistakes. Imagine you have teach your family members about Bitcoin and your backup, they will remember today and maybe until the next few weeks. But after a year, they might either forget or they might accidentally mention if it's your Bitcoin backup when your family members discovered it.
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Outhue
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March 07, 2023, 01:29:12 PM |
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It is dumb to write something as valuable as recovery seed on a piece of paper, of cos something bad will happen to it very fast, you can on your fan and the paper goes missing, someone can come into your room and play with the paper until they ruff handle the paper and throw into the dustbin or somewhere. Write the seed down in a strong book and keep the book where you can lock it up, or stainless steel is even more reliable, this has been discussed too many times on the forum, find one and use nail or a sharp object to carve the words on the stainless steel.
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aylabadia05
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March 07, 2023, 02:13:41 PM |
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It is important that we keep our keys well and not just in one place. Perhaps keeping a spare on a piece of paper is still a risk like getting burnt or exposed to water. It is better to keep it in a place that is safe from burning and safe from being exposed to water. Your case is lucky, what if there is no other backup when the piece of paper is thrown into the trash and gets wet.
This means that choosing to store your keys in a place away from these risks is a good idea.
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aysg76
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March 07, 2023, 03:24:34 PM |
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It is important that we keep our keys well and not just in one place. Perhaps keeping a spare on a piece of paper is still a risk like getting burnt or exposed to water. It is better to keep it in a place that is safe from burning and safe from being exposed to water. Your case is lucky, what if there is no other backup when the piece of paper is thrown into the trash and gets wet.
This means that choosing to store your keys in a place away from these risks is a good idea.
You should always have your keys safely back up in multiple locations but they all should be secured with you having access to them but storing them on paper always have risks like getting ruined with moisture or any other natural disaster through which you will not be able to recover your funds. So look for other ways like engraving them on some metals and then safely securing them on safe place will help you in many ways.So you can check out this thread by @fillippone herehere[/url] to help you find better ways to secure your seed phrases.
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348Judah
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March 07, 2023, 03:35:51 PM |
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This means you must have carelessly handled your seed phrase for your mum to have discovered it an something less of value and put in a trash bin, i see you being lucky enough not to have missed it all because your private key is what should be left private with you only, am not against your mom seing it but let's treat it as it's been called "private keys" no third party interference, now i believe you should work on more secured ways to handle your seed phrase and I will suggest you make a back up for it in case of unforeseen circumstances like the one you experienced.
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aylabadia05
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March 07, 2023, 04:29:53 PM |
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It is important that we keep our keys well and not just in one place. Perhaps keeping a spare on a piece of paper is still a risk like getting burnt or exposed to water. It is better to keep it in a place that is safe from burning and safe from being exposed to water. Your case is lucky, what if there is no other backup when the piece of paper is thrown into the trash and gets wet.
This means that choosing to store your keys in a place away from these risks is a good idea.
[snip] So look for other ways like engraving them on some metals and then safely securing them on safe place will help you in manyways. [snip] That's why we need to store backups in several places away from various risks that might occur. I can imagine if the backups were just kept on a piece of paper. In this case I would say that you are right. Make some metal to write seed phrases That's an acceptable option. It's much safer than storing on a piece of paper. We can only try to secure as best and as safe as possible. Regarding natural disasters, it is beyond our control.
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Rruchi man
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March 07, 2023, 04:30:35 PM |
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If your mum stumbled upon your recovery phrase on a paper and mistook it for garbage, it means that you did not do good job in keeping it safe and away from people. If it was neatly written and kept properly, maybe among other of your important things in a way that it is not obvious that it is a seed phrase but enough to show that it is important, your mom will not have thrashed it. Asides you not keeping your room clean which should be your responsibility, you also have failed to properly keep your recovery phrase. If your house, room or space is always messed up, it will be difficult to know if someone entered and touched your things since everywhere is always scattered. But if you keep a tidy space with things always well kept, unless you are not the observant type, someone cannot enter and touch/tamper with your things without you knowing.
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dzungmobile (OP)
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March 07, 2023, 04:44:54 PM |
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Read the OP a little better, because he just showed an example of another member, it's not his story.
More users commented in this topic, did not read OP at all. If they spent 10 seconds to click and read, they knew it is not a careless story of mine. They did not read your post too!
Some others commented like my advices were written many times in forum. Maybe I missed those advices somewhere but by my memory, I did not see it in the past. It is why this topic was created with a main point is my #2 advice for emergency.
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CoolBoybd
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March 07, 2023, 04:56:10 PM |
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It's really important to secure your backups of your crypto wallets in a safe place. I think it can be written on your diary or any personal wallet. It's better to have more backup than one.
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Lucius
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March 07, 2023, 05:06:50 PM |
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More users commented in this topic, did not read OP at all. If they spent 10 seconds to click and read, they knew it is not a careless story of mine. They did not read your post too!
Sometimes it happens to everyone that they misunderstand something, but unfortunately there are a lot of members who don't read anything more than the title, which in the end results in posts that don't make much sense. If you stay active on the forum for long enough, you will notice a lot of illogic yourself, but we can always hope that our actions will change some things for the better.
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FatFork
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March 07, 2023, 08:01:58 PM |
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Great tips everyone! In my experience, it's always better to be safe than sorry when it comes to protecting our valuable assets. Having an alternate backup spot in a separate location is an excellent idea, and it's crucial to ensure that both locations are safe and secure.
I agree with Lucius that there is no foolproof method for protecting our backups, but having multiple backups in different locations can certainly reduce the risk. It's good to be innovative and creative, especially when we can't afford expensive high-end commercial solutions, like safe deposit boxes in banks and the like.
Overall, it's important to consider all the possible scenarios and risks and take the necessary precautions to protect our assets as best as we can.
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