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Author Topic: Safe guard your seed phrase.  (Read 291 times)
DaNNy001
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July 20, 2024, 09:57:30 PM
 #21

The first day when I join this forum, I create electrum wallet but I never put Bitcoin inside because I never gather money and some kind Bitcoin knowledge.
But this seed phrase matter, eating I understand about am be say if e lose no way to take recover am back, and yesterday I still see one topic, way talk about seed phrase. by PrivacyG
And this seed phrase are very important to us as a crypto user seed phrases are words that can safe guard ur account
we human being we dey forget things well well, so if we won create electrum wallet them go give us some words and those words nai be our keys to reopen the wallet just Incase our phone lose or get one or two issues.
Some people dey share their phones with their friends, so it is better not to save this ur seed phrase in ur mobile phones or even ur google account because hackers fit get access to this ur seed phrases anytime them yet get small opportunity.
but once you collect am carry pen and paper write am down keep, make ur phone loss nothing concern you, your account still dey for you but be careful where you keep am when you done write am down.

I always tell people that screenshot your seed phrase isn't safe cause anything can still happen, it's always best to write to down somewhere or simply save it in your email for quick recovery
Screenshoting it can also expose you to getting hacked, especially if you are constantly giving out your phone to other people
Personally I don't like this seed phrase of a thing cause I feel it might cause some issues if I get it mixed up
I always prefer Gmail verifications if that option is available, I find it easy to access my wallets with this

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Ishicryptic
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July 23, 2024, 08:50:24 AM
 #22

Securing your seed phrase in a secured location is the most important aspect of cryptocurrency, your coins is your asset and your wallet is the access to your coins, it is only your private keys that makes you the owner of the coins. When you lose seed phrase and your password, that means that you have lost the access to your coins forever, if it is stolen that means that you have transferred the ownership of your coins because there is no way that you can access it again. There is no KYC verification done when creating a wallet so it is only the seed phrase and password that gives you ownership of your coins. Don't save your private keys online, make copies and hide it offline in different secured locations.
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July 23, 2024, 10:07:55 PM
 #23

As a serious person that value your Bitcoin wallet and seed phrase you need to properly secured your seed phrase, just as you protect your credentials, like your Certificates, NIN,BVN or even Account numbers,one should be serious and see the need of properly saving our seedphrase i don't think there is anybody in the country that will be asked to provide any of these information BVN, NIN e.t.c, that will not be able to that ,thee same way you save your phrase.

You can go to the business center and re-create the phrase by adding a bigger font or colour, just beautify it and use it to decorate your sitting room or elsewhere in your home, just bbthe same way you hang your wedding pictures or any of your favourite frame , which makes it more safe.
You can even laminate it and keep it inside your documents in your file.
At times our over protection make us loose some of our valueables,in these way , you will not boarder yourself .
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July 26, 2024, 10:03:27 AM
 #24

The first day when I join this forum, I create electrum wallet but I never put Bitcoin inside because I never gather money and some kind Bitcoin knowledge.

While we are discussing about privacy and safety wise with our wallets containing our bitcoins, I am personally discouraged on noting how you creates wallet address when you are not set to have your funds in it.
Believe me or not, we are more conscious with our wallets only when there is a value of funds in it because keep securing an empty wallet can be tiring at times so then, it is usually better to create your wallet at when you are ready to have it funded because the value of funds in it would make you extremely be careful with your seed phrase and maintain a good privacy just to keep your funds secured.
So if I were you, I will create a new wallet address and generates a new phrase to afresh a more security after then you created one when you where not set to find it.
Clearly, privacies to seed phrases with your wallets is an almost concerned which should not be taken for granted.
Coyster
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July 26, 2024, 08:36:22 PM
 #25

You can go to the business center and re-create the phrase by adding a bigger font or colour, just beautify it and use it to decorate your sitting room or elsewhere in your home, just bbthe same way you hang your wedding pictures or any of your favourite frame , which makes it more safe.
WTF!!! Abeg no do this oh, how you go even carry your seed phrase go cyber cafe, e just mean say you wan lose your bitcoins. Why do you need a bigger font, what for, and tell me you are joking when you suggest that one should hang their seed phrase on their wall, what are you talking about bro. The only thing wey you need na pen and paper, write your seed phrase down and keep am well; if you wan secure am pass like that, use stainless steel backup.

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Today at 07:13:19 PM
 #26

Seed phrase is something very important to have a proper record of it because when you don't store them safe you stand the chance to lose complete access to your account and to the funds inside the wallet. That's why I always encourage people to store their seed phrase or private keys in written form where only them could have authority over there documents to access their funds when needed. That's why many people who complained about their funds missing is a result of not storing their seed phrase where only them could have access to it.

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Today at 08:06:56 PM
 #27

You can go to the business center and re-create the phrase by adding a bigger font or colour, just beautify it and use it to decorate your sitting room or elsewhere in your home, just bbthe same way you hang your wedding pictures or any of your favourite frame , which makes it more safe.
Edited out

  Grin Grin Tf did I just read.....
Let's say it escaped the beauty u made to it and the typist is so dumb not to use it, hanging it like a wall pic for every visitors to access your account is way more delusional  Grin Grin....
There's no need for those deluded stuff or you need is a copy of you phrase written by you secretly when there's no one watching, now keeping it safe also depends on you but it shouldn't be associated with any form of Internet.. There're lot of ways to keep it safe  but you might want to carefully safe it where there won't be any form of water or fire getting near it and remember it must always remain  hidden always to only you .

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