Beginners - Keep your rooms clean, keep your backups ready to use & bring away

[hatshepsut93]

If someone shares a house with other people, they should either be upfront and tell them that there are very important papers belonging to them, or if they can't trust those people at all, then they should hide their papers really well, and make a few copies stored in different places. Although if someone is determined enough, they would find it sooner or later. If you are afraid that they will steal the coins, the wallet should be protected with password, so that the seed alone is not enough to unlock the coins.

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[salad daging]

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.

We have to make more backups in a separate place, but know that it is we ourselves who know not other people or our mothers, if it is stored on a piece of paper and away from the risk of being exposed to water or fire it will still be safe if we store it somewhere a location that no one else knows about.

I have my own way even though it is written on paper but I make backups several times and store them in a separate place, I guarantee this security and I make sure to always check on a scale to find out some other backups.

There are other tools that are safer I think that's also good it's just that there are some that are more comfortable maybe on a sheet of paper and he can guarantee not to risk anything.

[Sandra_hakeem]

We've got alot of peeps into this whole Bitcoin world, but they don't even know how best they could make their SAFETY, FREEDOM AND ACCESSIBILITY guaranteed. All they know is -- make enquires on how to buy and HODL 'em coins -- and when these set of peeps log on the net, they get scammed easily since they're really interested in getting them worth enlarged stupendously.
I'm gonna say that for everyone that knows the PROs and CONs of BTC as a currency, they'll always try as much as possible to preserve them seed phrase and keys... Protecting them depends on individual difference though.

Sandra 🧑‍🦰

[qwertyup23]

Personally, saving your backup means having at least some copies for you to take care off. I remember, some were against having it posted on any social media in the event that it gets hacked, but I do think that putting it on a random e-mail can be relatively safe and secure.

If you are truly worried for its safety, then buy a safety deposit box and store all the necessary and important documents there. In addition, if you are married, telling the seed to your wife and giving her a copy can also be a way for you to store your backups. But at the end of the day, you should weigh all the pros and cons before you keep them in a specific place.

[aylabadia05]

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]

There are other tools that are safer I think that's also good it's just that there are some that are more comfortable maybe on a sheet of paper and he can guarantee not to risk anything.

Until now, keeping backups on paper hasn't convinced me that it's a good choice even if we keep it out of reach of people other than ourselves. For now, writing it on metal strips is still a reasonable alternative for storage.

If I may know and if you don't mind, what would that look like. Who knows, we could put it into practice in storing seed phrase backups safely and away from the risks we discussed.

[suzanne5223]

One of the best ways to secure the wallet recovery phrase is to have multiple backups of it in at least two places.
One is for urgent use and writing it on paper will do. The second copy should keep in a safety deposit storage or box to avoid losing the fund during a disaster. An example is the heartbreaking issue that happened in Turkey and I am sure a lot of Bitcoin holders that escape the accident would lose their wallet recovery phrase.

[dzungmobile]

An example is the heartbreaking issue that happened in Turkey and I am sure a lot of Bitcoin holders that escape the accident would lose their wallet recovery phrase.

Beirut explosion is another example. [1]

But this thread mainly reminds people that they must keep their room clean, be disciplined with how they organize things including where they store wallet backups.

If they mess their room up, likely they don't store their backups safely and at a fixed location. Then when they need to find backups, it takes time to remember, minutes or hours and in accident case, they will lose that backup as they fail to get it quickly enough.

[1] https://en.m.wikipedia.org/wiki/2020_Beirut_explosion

[Nheer]

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.

You are fortunate to have located the backup, if one of your friends who is knowledgeable about cryptocurrency had been in your room and discovered the backup, or if the garbage had already been disposed the situation might have been quite different. Nobody can be trusted, especially when it comes to money, so you shouldn't be careless with your backups. In fact, you shouldn't even keep them in a place where a second person could possibly see them. Once, I was about to secure my backup then I exited the room and left it on the table. When my little sister entered my room, she just happened to notice it and torn it to pieces. I was lucky to have another copy of it else I would have lost my asset.

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.

Not everyone is lucky though, i am sure you learn from your mistake just as i did. Keeping your backup in a storage box is good but it’s advisable to make duplicates and store in a separate location in case of any unforeseen circumstances.

One of the best ways to secure the wallet recovery phrase is to have multiple backups of it in at least two places.
One is for urgent use and writing it on paper will do. The second copy should keep in a safety deposit storage or box to avoid losing the fund during a disaster. An example is the heartbreaking issue that happened in Turkey and I am sure a lot of Bitcoin holders that escape the accident would lose their wallet recovery phrase.

That was a horrible incident lots of lives were lost. We will keep praying for the lives lost and the family of those who lost their loved ones to the disaster. We don’t pray to experience such again but that is one of the reasons why you should have multiple locations for your backups.

[Smack That Ace]

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.

If you write them on a piece of paper and laminate them and store them in a place known only to you, it is just as safe as the other solutions. And if you engrave them on steel plates but don't take good care of them, you leave them indiscriminately in your room, there's no guarantee they won't be read by others. No solution is absolutely safe, risks are all around us. I used to think about carving the seed phrase onto steel and burying it in the garden, but it's not safe in the event of an earthquake or tsunami, nor will I get my phrase.

[suzanne5223]

An example is the heartbreaking issue that happened in Turkey and I am sure a lot of Bitcoin holders that escape the accident would lose their wallet recovery phrase.

Beirut explosion is another example. [1]

But this thread mainly reminds people that they must keep their room clean, be disciplined with how they organize things including where they store wallet backups.

You have a point and we can't all have the same understanding but this discussion is created so we can share knowledge and through your point and mine more users will benefit and make securing their backup phrase a top priority.

One of the best ways to secure the wallet recovery phrase is to have multiple backups of it in at least two places.
One is for urgent use and writing it on paper will do. The second copy should keep in a safety deposit storage or box to avoid losing the fund during a disaster. An example is the heartbreaking issue that happened in Turkey and I am sure a lot of Bitcoin holders that escape the accident would lose their wallet recovery phrase.

That was a horrible incident lots of lives were lost. We will keep praying for the lives lost and the family of those who lost their loved ones to the disaster. We don’t pray to experience such again but that is one of the reasons why you should have multiple locations for your backups.

I pray that those that lost their family and loved ones to the accident have the strength and courage to carry on.
Having said that, having multiple locations of the wallet backup phrase is not enough if you understand my point. What's important is how secure the location is in terms of an unforeseen procedure.