How to keep safe the mnemonic phrase - Whats Your method?

[coinfunda]

fellow members,

As we all know keeping mnemonic phrase in a secure place is the first step of bitcoin journey. But there are few thing that comes in my mind:

->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?
-> Obviously keep it online in email of any other way is risking your funds.

What can be the best possible way, My favorite method is to using a metal keycard where I marked the phrase buy again it can be stolen

What your way?
 
 
 

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[Charles-Tim]

This thread was created not long after the earthquake in Morocco: Keeping or recovering seed phrases during or after a natural disaster.

Read people's replies on the thread.

The best possible way against natural disasters is to backup your seed phrase in far locations from one another.

If you are living in an unsafe place, use a passphrase. If you lose your passphrase backups, you will lose your coins, just as if you lose your seed phrase backups. Do not backup passphrase together with your seed phrase.

[pooya87]

->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?

Usually when a thief invades your home they are going to steal a lot of far more valuable objects than going through a bunch of papers to steal your seed phrase which they may not even know what it is! To put simply your TV is more valuable in their eyes compared to a piece of paper so it is their target.

But of course you can always add encryption (a simple AES256 encrypt would work) or the lazy way is to add an extension word (aka the password) that you either memorize or keep elsewhere. This would make it harder to steal coins by only having the seed phrase.

[Potato Chips]

fellow members,

As we all know keeping mnemonic phrase in a secure place is the first step of bitcoin journey. But there are few thing that comes in my mind:

->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?

One way to minimize physical theft is to try to keep your financials as lowkey as possible, most especially, crypto. For instance, don't flaunt on social media or to your IRL peers.

In case of cryptos, burglars typically don't assume you have it and they usually go for the general stuff like cash, gadgets, etc. That is why I'm convinced a lot of physical attacks to crypto users are targeted, which means perps got a hold of their victims activities/information first.

[Don Pedro Dinero]

The answer depends on many variables, such as how much bitcoin you have, how many safe hiding places you have, what percentage of your net worth is bitcoin and so on.

If you have $700 in bitcoin and your only place to store your seeds is in the house you live in, it's not worth bothering with alternatives. If, on the other hand, let's say you have a considerable amount in bitcoin, which is 50% or more of your net worth, and you have several places to hide the seeds (your house, a holiday home, your parents' house, a remote and difficult to access place in the mountains, a bank safe deposit box...) then you need to explore alternatives.

Otherwise follow Charles-Tim's advice and read the thread on Morocco.

[mk4]

- Your 12-24 word backup phrase written on a piece of paper or etched on a steel sheet
- Have a passphrase that isn't easy to guess
- Store these in 2-3 places

Don't over complicate it.

[Despairo]

What if someone got the access in your absence of theft or any disaster?
-> Obviously keep it online in email of any other way is risking your funds.

I'll add one more: What if people you trust are access your wallet and use it all without your permission?

If we talk about possibility, every way has it's own risk and a chance to lose all of your coins. It just depends on the person want to take which risk and advantage. If you keep thinking about the worst possibility, you will never think it's already safe.

Let's say I have wrote 50 backup phrases with a good material and spread it to 50 countries, but shit happen on those 50 countries and I can't access my wallet anymore, the reality it's impossible something bad will happen on all the countries.

[snowpega]

hi there

I can feel the thing you are trying to make secure from other people or hackers which makes us uncomfortable. it is an obvious thing buddy that we don't want to lose our digital assets so I would like to suggest some techniques like;

1. Make encryption of your private keys and save it in secure where hacker can't access them in case, he got accessed to it he will need a second key.
2. save your second key in a metal keycard at a safe place in your home.
3. Encrypt the third key and keep secure it in a hard wallet and place this wallet at another location from your home which should also be a safe one.
 
I think these tips can help you to make your mnemonic phrase as secure as possible.

[Zaguru12]

Every backup technique definitely has its just that it is minimal to compare to each one.

The first thing is to never store them on an online device like saving a picture on your phone or system.

The second thing is never make many duplicate of your Phrase because it will just make them redundant and will easily expose the storage location of some.

When it is stored on places like usb make sure the device is regularly changed because of wear out.

If it is a large amount stored then I would advice a the use of multi sig wallet but the creation shouldn’t from a single or master key. It should be single seed for every co-signer

[tabas]

fellow members,

As we all know keeping mnemonic phrase in a secure place is the first step of bitcoin journey. But there are few thing that comes in my mind:

->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?
-> Obviously keep it online in email of any other way is risking your funds.

What can be the best possible way, My favorite method is to using a metal keycard where I marked the phrase buy again it can be stolen

What your way?

That's why keeping on areas where you're the obviously person that will know it is a must. While keeping it on a metal keycard, that's one of a disaster proof but also you need to make it as if it's not an obvious passphrase that you've written there. A metal card o dog tag is like a good one that you can count on in terms of disasters. But as you have said it's not thief proof. The only solution with that is to make back ups that you'll only understand and only you know where you can keep it safe inside your house.

[ZAINmalik75]

->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?

That's a good question, actually this have been discussed due to the recent events of floods, earth quakes etc. Best practise is to avoid stealing of seed phrase is to encrypt your seed phrase and then keep it anywhere, because a single non technical dude can not decrypt that seed phrase and you will be saved.

From disaster, you have to keep the seed phrase in another place like far from your own phrase. Maybe store the seed phrase in another region, city or where you think the disaster will not make any impact and you can access it easily.

-> Obviously keep it online in email of any other way is risking your funds.

Many users prefer to keep them online because that's the longest way to preserve them and if you have selected a drive or I line cloud storage that have distributed storage devices and have auto saving or cloning options then that better then storing on paper. But many will not agree with me.

[iBaba]

Since this has to do with storing your seed phrase physically then I would prefer to write it down and add some code-name in my native language in the beginning and ending of the seed phrase, then keep one of my seed phrase in the house where I stay and the other seed phrase in my village.

But let's say for instance, after keeping the seed phrase there, in those two places, I will still want to have it somewhere so that even if I travel, I should still be able to access my seed phrase. So I think the best way I can do this , is to have it on my Google Drive. But of course it's going to be encrypted and at the same time it will be stored with any of my Bitcoin address or, with the use of some simple alphanumerical characters. I will definitely activate the two step verification on my Google so that I am notified once there's any security breach attempts.

[EL MOHA]

Since this has to do with storing your seed phrase physically then I would prefer to write it down and add some code-name in my native language in the beginning and ending of the seed phrase, then keep one of my seed phrase in the house where I stay and the other seed phrase in my village.

But let's say for instance, after keeping the seed phrase there, in those two places, I will still want to have it somewhere so that even if I travel, I should still be able to access my seed phrase. So I think the best way I can do this , is to have it on my Google Drive. But of course it's going to be encrypted and at the same time it will be stored with any of my Bitcoin address or, with the use of some simple alphanumerical characters. I will definitely activate the two step verification on my Google so that I am notified once there's any security breach attempts.

First of all saving them with a those names you just stated will simply make them a bit difficult to understand when decoding them, you can trust your mind during its early stages of using this names but ones it gets long you could end up missing them together and there by making mistake of there order. This is similar to using colors to designate them and it is also not advice due to mixing them up

The idea of a google drive is also not available because it is as same as storing them on your Gmail. Once anyone gets access to them they could see it there. The best way is to take away from any online platform

[o48o]

-cut-
What can be the best possible way, My favorite method is to using a metal keycard where I marked the phrase buy again it can be stolen

Ironically it's probably putting it on encrypted usb stick in a safe vault of a bank containing your private key or a wallet.dat with a password. I say ironically because bitcoiners were famously against banks. At least some were. Or instead of usb, you can use that metal keycard you talked about, or Ledger nano X or
Ledger Nano X or Trezor.

Carrying them yourself is just dangerous.

Or you can do what Vitalik did with his wallets. He gave half of the privatekey of one of his wallets to his father. I see that as risky.

What your way?

My way is against crypto ethos and i am storing mine in a trusted exchange. I see way more plausible that i would lost it if i guarded it by myself.

[jeraldskie11]

fellow members,

As we all know keeping mnemonic phrase in a secure place is the first step of bitcoin journey. But there are few thing that comes in my mind:

->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?
-> Obviously keep it online in email of any other way is risking your funds.

What can be the best possible way, My favorite method is to using a metal keycard where I marked the phrase buy again it can be stolen

What your way?
 
 
 

Personally, I saved my seed phrase in a secure place online, as well as somewhere I assume no one can obtain it, so that if you mistakenly lose the other one, you can still open the wallet. We can't control natural disasters like typhoons, which are common in my country.

Because typhoons can cause flooding, I shall keep my phrase on an elevated location. If I am not at home when the flood occurs and our house is damaged, I am not too worried since I have a different place where I keep my wallet, which is online. I wasn't concerned about actual theft because they normally didn't know as long as you didn't tell people you had Bitcoin.

[nakamura12]

Mine is I write or print my mnemonic phrase on a piece of paper and then I will laminate the piece of paper to make it durable compared to paper only and second is I use my other mobile phone to make a back up. My other phone is I never uee it to connect to the internet and it is only use for offline and playing offline games. As of now, I never experienced something inconvenience like someone stolen my funds or someone have access to my wallet.

[sunsilk]

Or you can do what Vitalik did with his wallets. He gave half of the privatekey of one of his wallets to his father. I see that as risky.

I didn't know about this but this seems to be really risky. But that's what is trust for and they're direct related so it's no issue which others can just copy this if the father is technically aware of how to do things in keeping wallets safe.

No need to complicate things, all you have to do is what mk4 has already. There's no need to think of conventional method or way of keeping your mnemonic phrases.

But it's you, whatever works for you and whatever the the results of it, you're the one who's responsible for it.

[hatshepsut93]

If you are living in an unsafe place, use a passphrase. If you lose your passphrase backups, you will lose your coins, just as if you lose your seed phrase backups. Do not backup passphrase together with your seed phrase.

Password is not a universal solution, because it comes with a risk. Losing it means losing the wallet too, so you are increasing your chance of locking yourself out of your funds. Theft and hacks are not the only danger, accidental loss of keys is probably a more common threat.

[johnsaributua]

fellow members,

As we all know keeping mnemonic phrase in a secure place is the first step of bitcoin journey. But there are few thing that comes in my mind:

->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?
-> Obviously keep it online in email of any other way is risking your funds.

What can be the best possible way, My favorite method is to using a metal keycard where I marked the phrase buy again it can be stolen

What your way?
 

I understand your concern friend, at first that's what I thought when I first stored crypto, back then with the pocket money I had I was able to buy even though it wasn't much but it was enough to store at that time. armed with youtube and social media info on the wallet I chose, they also provide education on creating a wallet properly and security tips on keeping the wallet in some conditions is very helpful even though the main control is the owner, which means responsibility for actions that can damage even the contents of the wallet.

Many forum contributors have come up with the brilliant idea of writing on metal, paintings, walls or any other hard media that they believe will be safe for some time to come.

That's a good anticipation, but after I got to know airdrop my fears faded a little and thought of solutions, for example I always clean the cache, and revoke after accessing the web (of course by first analyzing some of its social media, always separate it from the main wallet to store the main assets, I personally am still loyal to writing on simple paper, can also later replace with new paper. today I still keep paper since 2004 since I was still in school proving that the quality of cheap paper is quite good especially coated with plastic laminating.

You can try the easiest or safest way with your current interests, as well as raw materials and your readiness to start making

noted you can also buy a hardwhare wallet example It's easy enough, and you can double-protect with your consent.

[blckhawk]

If you can keep a piece of paper that contains your seed phrase or hell even laminate one for yourself, I think that it's the most effective way of safekeeping your mnemonic phrase. As for me, I assess the place where I live in, if it's prone to floods, earthquakes, fire or burglaries, if it ever ticks the boxes on my list then I would do some countermeasures on it. So far, the best thing that I have done to safekeep my phrase is to paste them in a code generator to encrypt them and then I am the only one that has the key to decrypt it, thanks to that program I am able to just store the decryption key even if I am really careless as to where I store my phrase because to others it wouldn't make sense even if they see it.