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

[hyudien]

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?

Back it up in a safe place such as a safe and keep it protected from anything related to internet access. I wrote it in a notebook then laminated it well, made a QR code and made it like a card. Apart from that, the most important thing is to entrust a trusted person like my wife to have access if something untoward happens to me. Meanwhile, what my friend did was save it in a safe deposit box at the bank and appoint a lawyer to keep it in the hands of the heirs, but it requires tax payments every year. Everyone has their own way which they think is safe, currently I personally think my way is quite safe but it doesn't apply to other people. Checking to make sure assets are still safe, I open the safe and check it every 6 months.

[GreatArkansas]

(....)
->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.

About this, I am trying to avoid storing any of my mnemonic phrases online, all are only offline.
Another thing is store it also in multiple places, and the one down side of this is the risk will be higher if you store it on multiple places but at the same time you have more back up, just make it safe to be able not be access by other people.

[OcTradism]

About this, I am trying to avoid storing any of my mnemonic phrases online, all are only offline.
Another thing is store it also in multiple places, and the one down side of this is the risk will be higher if you store it on multiple places but at the same time you have more back up, just make it safe to be able not be access by other people.

I think two places for two backups are enough as more places mean more risk. I agree with you that wallet seed backups should not be stored online. We can not trust third parties as well as there are more risks online than offline.

I have more than one wallet because store all money in one wallet is not good and my main capital is stored in a multisig wallet, not single signature wallet.

The dos and don'ts of bitcoin key management

[Y3shot]

- 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.

Keeping seed phrase by hand writing is cool but in a sheet of paper it is risky because a sheet of paper us small that can get missing,  in a note book will be more preferable for a  wallet seed phrase to be stored. It is very common that people record vital details on a sheet and forget where it was placed because of how tiny it is but with a note book is very easy to get access to it even if the exact location. Written storage is one of the best methods of storing the seedphrase .

[2Pizza410000BTC]

~snip~
What your way?

Many have stored their wallet seed phrase in the best way and safely. The way I put my wallet seed phrase is safe for me but may not be safe for many people. I wrote down the seed phrase of my wallet in the notebook. I have it set to my Google Drive for extra security.  I know that even if my notebook somehow gets corrupted, the wallet seed phrase stored in my Google Drive won't. Because as long as I have Gmail I think I can safely recover my wallet passphrase. This method seems to be the best method to me.

[gunhell16]

In my own little way, I keep all the important things in my cryptocurrency on a USB flash drive; actually, three USBs, but the contents are all the same. I used to leave it on my desktop computer and on my cellphone, but later realized the disadvantage of this, so I moved everything on my desktop and cellphone to my flash drive.

At the very least, if something unforeseen occurs, such as typhoons, earthquakes, or home fires, I still have a USB that preserves all of the seed phrases, private keys, and so on. It is nonetheless important that we exercise caution in such instances.

[bayu7adi]

One way to do it is by manually writing it down and keeping it safe from fires, earthquakes, or other disasters. Another method might involve using a steel plate and engraving the seed phrase onto it. For those whose families are not familiar with Bitcoin, you can add instructions on how to access Bitcoin using the written seed phrase hidden behind the medium.

As for my main balance wallet's seed phrase, I never store it online. For the wallet I frequently use for spending, I keep it in my phone's notes and sync it with Google. While this is not recommended, the small amount involved is a consideration to make recovery easier in case my smartphone gets lost or for other reasons.

[Smack That Ace]

In my own little way, I keep all the important things in my cryptocurrency on a USB flash drive; actually, three USBs, but the contents are all the same. I used to leave it on my desktop computer and on my cellphone, but later realized the disadvantage of this, so I moved everything on my desktop and cellphone to my flash drive.

At the very least, if something unforeseen occurs, such as typhoons, earthquakes, or home fires, I still have a USB that preserves all of the seed phrases, private keys, and so on. It is nonetheless important that we exercise caution in such instances.

But you should remember that electronic devices are easily damaged and you need to check them more often when storing using USB. It's best to write a copy down in a notebook and keep it where you feel safest. Also, I thought it would be good to share a copy with your wife just in case the unexpected happens to us. Every method has its advantages and disadvantages, we just need to choose the method that best suits us without having to imitate anyone.

[Z-tight]

I wrote down the seed phrase of my wallet in the notebook. I have it set to my Google Drive for extra security.  I know that even if my notebook somehow gets corrupted, the wallet seed phrase stored in my Google Drive won't. Because as long as I have Gmail I think I can safely recover my wallet passphrase. This method seems to be the best method to me.

Writing your seed phrase down or engraving it in steel and providing backups of it in more than one location is probably the best way to store your seed phrase, but to store it in Google drive, cloud services or anywhere that is online is not recommended, take note that whatever is stored online is prone to hacking and you can lose your seed phrase in this way. If you are afraid of a single point of failure, extend your seed phrase with a passphrase or set up a multisig wallet.

[Spaceman1000$]

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?
 
 
 

Your mnemonic phrase is usually from 12 words and about,  so for me I think the best place to back it up is in your head, maybe after you must as well written it down somewhere you know it can be safe. Keep it safe away from Intruders, let it be one of your topmost secret
So always learn how to memorize it just like your phone number, and let it stick there in your head.

If you save it on your device, your device can easily get stolen or misplaced, or even if you you've written it down, it can as well get missing, so saving it in your head and memorizing it whenever the need arises is the best way to save your mnemonic phrase and to keep your wallet safe.

[Jawhead999]

so saving it in your head and memorizing it whenever the need arises is the best way to save your mnemonic phrase and to keep your wallet safe.

Hell no, there's a chance someone can suffer brain injury especially when they get older, if you're really depends to memorizing, you has a chance can't access your wallet when you're old enough.

Brain Injury Awareness Month is a major event in the public health space. There are more than 5.3 million individuals in the United States who are living with a permanent brain injury-related disability. That’s one in every 60 people.

The best is always write down your seed phrases and place it in 2-3 different locations, if you're married you can teach your kids in order to reduce the chance your family will lose your wealth forever.

[famososMuertos]

There is a diversity of methods in itself that each one is like a zoo, it is if from earthquake in its protection method. (metaphor)

And! generally what works best is the individual, his everyday skills in that aspect, such as answering openly in this post what would be his preferred ways to protect some phrases.

#TBT Topic

[Jegileman]

->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.

Keeping the mnemonic seed phrase safe should be one of the easiest thing to do to help keep your coins safe. They’re several ways that you can use to do that, diversifying and using different methods should be the best way for you to keep it safe. Every method has their own advantages and disadvantages, but just know that all the method can’t be compromised at the same time. When you can’t access one because it’s been compromised (lost or forgotten), the other ones you used another method to save could come as back up for it.

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.

What is this backup passphrase? Is it another pass phrase that can be used to unlock the original mnemonic seed phrase for your wallets? If not, what does it serves as in wallet security?

[Peter3493]

To secure a mnemonic phrase for cryptocurrency wallets, employ these steps:

Physical Storage: Write it on paper and keep in a secure, fireproof location.

Divide and Store: Split it and store parts separately for added security.

Hinted Mnemonic: Create cryptic hints for the mnemonic, enhancing security.

Password Encryption: Encrypt with a strong password and store digitally in a secure location.

Partial Memorization: Memorize key words, enabling access without revealing the full phrase.

Secure Environment: Use trusted devices and networks to access the mnemonic.

Regular Verification: Periodically check the mnemonic's accessibility and integrity.

[Wend]

so saving it in your head and memorizing it whenever the need arises is the best way to save your mnemonic phrase and to keep your wallet safe.

Hell no, there's a chance someone can suffer brain injury especially when they get older, if you're really depends to memorizing, you has a chance can't access your wallet when you're old enough.

Brain Injury Awareness Month is a major event in the public health space. There are more than 5.3 million individuals in the United States who are living with a permanent brain injury-related disability. That’s one in every 60 people.

The best is always write down your seed phrases and place it in 2-3 different locations, if you're married you can teach your kids in order to reduce the chance your family will lose your wealth forever.

Each method has its pros and cons, but memorizing seed phrases is the worst idea I've ever seen. You don't have to think about getting older or getting a head injury, with today's stressful life and busy work. That alone is enough to make our brains explode, let alone the hundreds of other things we have to deal with every day. That's why today there are many tools and applications created to help us remember and make appointments for a long day of work.

Each person has their own method, but I also really like the traditional way, writing them down on paper and then backing up many copies to store in many places and sharing with the closest people is indispensable.

[KiaKia]

I am someone who likes being alone, I don't have visitors and I live with my spouse only, my room is private to me only, so I don't have a problem writing down my recovery seed into a ledger book and also carving on a stainless steel in locked away in my safe, I've been doing this for a few years now and I don't have any problem about losing funds.

Let's try not to forget that its not about keeping your recovery seed safe only, some people are very good with this but they still lose their assets to scammers, what we interact our wallets with exposes us to more danger than keeping our recovery seed safe.

Most funds are lost due to connecting crypto wallets to unofficial links and websites, some links give access to the hacker, exposing your recovery seed, while some are because of our own greed, we are sent tokens that we don't buy with money, yet we want to claim and sell them.

It's wrong to memorize your recovery words, anything can happen to you and you won't remember the words anymore, it's a lot safer to have a hardware wallet or keep your recovery phrase written in a safe location.

[retreat]

What I did was simply encrypt it in a secure box and save it on a laptop that I no longer use and as a backup I saved it in a secure file on Box.com. I think that this is quite safe, considering that it is encrypted, and I also put some of my assets on the exchange, so that even if I lose access to my wallet I still have backup funds on the exchange.

[Asiska02]

It's wrong to memorize your recovery words, anything can happen to you and you won't remember the words anymore, it's a lot safer to have a hardware wallet or keep your recovery phrase written in a safe location.

There’s a popular belief that the human brain can store more information and data than the computer can do, but in this case, I disagree with that. It is better you write it down and save elsewhere or in an hardware wallet rather than trying to memorize it. The seed phrase is very sophisticated and hence, they can’t be easily assimilated into the brain to stay for a long time, not when we have so many things going up in our brains all the time.

What I did was simply encrypt it in a secure box and save it on a laptop that I no longer use and as a backup I saved it in a secure file on Box.com. I think that this is quite safe, considering that it is encrypted, and I also put some of my assets on the exchange, so that even if I lose access to my wallet I still have backup funds on the exchange.

While putting some in that exchange, hope you put only the one which you can afford to lose. I’m sure you did that because no person will save more money in exchange than a decentralised wallet where they have complete ownership of the funds. Only a novice that have no knowledge of crypto will do that or the ones that are negligence in events like this.

[Jawhead999]

Each person has their own method, but I also really like the traditional way, writing them down on paper and then backing up many copies to store in many places and sharing with the closest people is indispensable.

Keep in mind when you're share your seed phrase to closest people, you're taking a risk they will make a silly mistake to keep/save the seed phrase because their knowledge might be less than you.

What I did was simply encrypt it in a secure box and save it on a laptop that I no longer use and as a backup I saved it in a secure file on Box.com. I think that this is quite safe, considering that it is encrypted, and I also put some of my assets on the exchange, so that even if I lose access to my wallet I still have backup funds on the exchange.

You're trusting your seed phrase over third party, I don't think it can be said as safe regardless it's encrypted or having password.

The chance you lose your funds is higher in online e.g. centralized exchange than in offline.

[Z-tight]

What is this backup passphrase? Is it another pass phrase that can be used to unlock the original mnemonic seed phrase for your wallets? If not, what does it serves as in wallet security?

A passphrase is an extra layer of security for your wallet, it is an extra 'word' added to your seed phrase which creates another wallet and keys for you, take note that your passphrase does not have to be a 'word', you can use and add whatever you want, even characters to make it stronger and hard to brute force. So whenever you use your seed phrase without adding that passphrase you get the base wallet, but when you use your seed phrase + passphrase you get your second wallet, this set up is great for plausible deniability.

So with a passphrase set, if an attacker compromises your seed phrase, they will still need the passphrase to access your funds. Take note that if you use a seed phrase + passphrase set up, you will have more backups and you have to keep them in separate locations to avoid the possibility of a single point of failure.