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Author Topic: To any Bitcoin holder who lost their seed: How did you lose it?  (Read 512 times)
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January 31, 2024, 05:13:05 AM
 #81

Haven't personally lost any of my backups as well. But after being in the cryptocurrency space for 8+ years, the most common are:

  • Lost the seed because they wrote it down, then forgot where they stored it.
  • Got the backup leaked because they stored the backup on their email/txtfile/spreadsheet/chatlogs/etc and their device got hacked(hence the leak)
I've got mine typed on a Notes app in a phone that I rarely use, it's been my go to way of storing seed phrase and other important information that I need to store in case I need it, it's efficient but the problem is the obsoletion of the device which I haven't yet found a way to solve efficiently, I haven't changed the device for about 6 years already but I feel like the thing that I need to do is manual transfer.



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January 31, 2024, 05:43:04 AM
 #82

What mistakes did you make, and what advice do you have for others to be careful?

What are the best and worst ways of storing a seed in your opinion?
Thanks to God that I didn't experience loosing Bitcoin Seed ye. I've lost bitcoin and crypto other ways but. like trading or investing. which I think is equally painful LOL
But one advice as a Bitcoiner I can give to anyone is to keep your seed in 2, 3 place just in case if you loose one. then you can recover your seed using your seeed from second place.
Best Place way of storing a seed is write that down in a peace of paper and and keep that somewhere else. have a Diary for all your Bitcoin and Crypto wallet backup keeys and seeds.
and worst way oof storing a seed is to store it online, or in your pc. if you have it kept in your pc there are good chances that it migh get stolen by a malware.









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January 31, 2024, 07:32:42 AM
 #83

What are the best and worst ways of storing a seed in your opinion?
- The best way is: write your seed on paper, encode or reverse a few characters in it. Then divide into 2 copies, 1 kept at home, 1 kept at the bank's storage service.
- The worst way is: saving your seeds online, any online form should be avoided, even saving it in the notes app on your phone is not recommended. Besides, do not share your wallet address widely.

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January 31, 2024, 07:40:08 AM
 #84

Haven't personally lost any of my backups as well. But after being in the cryptocurrency space for 8+ years, the most common are:

  • Lost the seed because they wrote it down, then forgot where they stored it.
  • Got the backup leaked because they stored the backup on their email/txtfile/spreadsheet/chatlogs/etc and their device got hacked(hence the leak)
I've got mine typed on a Notes app in a phone that I rarely use, it's been my go to way of storing seed phrase and other important information that I need to store in case I need it, it's efficient but the problem is the obsoletion of the device which I haven't yet found a way to solve efficiently, I haven't changed the device for about 6 years already but I feel like the thing that I need to do is manual transfer.
I don't use it but I am curious about what you posted. By Notes app, do you mean a third-party app? Especially those who are not from trusted companies? Bro, I think this is more risky, you can't trust all these third-party apps to store your seed phrase. Those who still stored it better than you on their gadgets are still being advised to keep it manually which is offline and it is deemed to be the safest approach in this regard. If at all, use the means provided by your gadget directly, not as you did. You never can tell what could happen and I hope you are not a subject of monitoring, the people who you are using their app may be desperate and that might be one of the reasons why some are even building such apps. They could have their backdoors whether you are giving permission or not. I am not that tech-savvy guy but going by the little I've read in this regard, it shows that it is not the smartest thing to do. This is also the reason why I do not import my seed phase anywhere even if the wallet advises me to do so.

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January 31, 2024, 08:01:03 AM
 #85

What mistakes did you make, and what advice do you have for others to be careful?

What are the best and worst ways of storing a seed in your opinion?
I haven't been on bitcoin forums for a long time but since I've been there I haven't been active enough to build a good position. But I'm working here with whatever experience I have with Bitcoin. But I haven't been able to hold bitcoins so far which is why I can't answer this question properly because if I could hold bitcoins then maybe I could say that I haven't lost bitcoins to anyone so far. But here as I am active and working I keep my wallet seed phrase very safe. I wrote down my wallet seed phrase in my notebook. Hope I don't get scammed because my notebook is kept very safe.

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January 31, 2024, 08:06:12 AM
 #86

What mistakes did you make, and what advice do you have for others to be careful?

What are the best and worst ways of storing a seed in your opinion?
I ran into such a situation once and I wrote down the seed phase of my trust wallet in a diary. But when I set off on a long journey with that diary, I fell into the hands of robbers. A group of robbers stole my diary along with my luggage, mobile phone and wallet. Despite my best efforts, I could not keep the diary safe from the bandits. So that was the first experience in my life and I have never forgotten that experience till now.

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January 31, 2024, 08:19:38 AM
 #87

I ran into such a situation once and I wrote down the seed phase of my trust wallet in a diary. But when I set off on a long journey with that diary, I fell into the hands of robbers. A group of robbers stole my diary along with my luggage, mobile phone and wallet. Despite my best efforts, I could not keep the diary safe from the bandits. So that was the first experience in my life and I have never forgotten that experience till now.
You made two mistakes at the same time.

First, you did only one back up in your diary. It is bad because back up must be done in some forms, you can do it in a diary but must have other back ups. When you lose your diary, you can have other back ups to use.

Second, you brought your back up around with you and ignored risk that you will lose it. Back ups must be at your home, safely and secretly. Of course you can store your back ups at different locations, not only at home, or only one location at home. However, put your backup in your luggage and bring it around is very risky, not recommended.

R


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January 31, 2024, 09:41:25 AM
 #88

Haven't personally lost any of my backups as well. But after being in the cryptocurrency space for 8+ years, the most common are:

  • Lost the seed because they wrote it down, then forgot where they stored it.
  • Got the backup leaked because they stored the backup on their email/txtfile/spreadsheet/chatlogs/etc and their device got hacked(hence the leak)
I've got mine typed on a Notes app in a phone that I rarely use, it's been my go to way of storing seed phrase and other important information that I need to store in case I need it, it's efficient but the problem is the obsoletion of the device which I haven't yet found a way to solve efficiently, I haven't changed the device for about 6 years already but I feel like the thing that I need to do is manual transfer.

It's your choice and I won't say it's a good or bad method because each method has its pros and cons. But I want to tell you that all electronic devices have a lifespan and they can fail at any time so storing important data on them is a huge risk. Like in some cases, many people store seed phrases on their hard drive and it is not connected to the Internet at all but once it is irreparably damaged they also lose access into data. I think you need to look at that situation and add other ways to protect your data rather than just storing it on that phone.

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January 31, 2024, 09:58:04 AM
 #89

What mistakes did you make, and what advice do you have for others to be careful?

What are the best and worst ways of storing a seed in your opinion?
I open a metamask wallet while working on an airdrop and get to work before saving the seed phrase. Before I temporarily copied the seed phrases and moved them to a better place, due to a sudden mistake on my part, those seed phrases were deleted. Luckily I didn't have any dollars in there but I tried to put $100 in that wallet which would have exposed me to a big loss if something had happened. In the end it didn't happen. I would tell others that saving your wallet's seed rate is more important than anything else you do. As soon as you receive the seed phrase, store it in a safe place or you may lose all your money.
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January 31, 2024, 10:13:37 AM
 #90

What mistakes did you make, and what advice do you have for others to be careful?

What are the best and worst ways of storing a seed in your opinion?
I have not lost any of my holdings of Bitcoin or Altcoin by doing anything wrong. But many may have lost their holdings of Bitcoins or Altcoins due to their own mistakes. But there are also some reasons to lose it, one of which is to keep the wallet seed invested carelessly. There are many people who join various airdrop campaigns with their invested wallets who work on all these campaigns and connect the wallets with seed phrases to claim tokens and as a result they lose their holdings. But the safest system for keeping seed phrases is to write the seed phrase in a notebook in such a way that no one can ever find your notebook. Thus if one can keep his wallet seed phrase safe then he will never lose his investment.

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April 09, 2024, 12:33:24 PM
 #91

What mistakes did you make, and what advice do you have for others to be careful?

What are the best and worst ways of storing a seed in your opinion?
I have lost my seed phrase before but later I found it. I lost it because I was alone in the house and family was on vacation for the last Christmas Holiday and since I was alone I drop the seed phrase paper under the parlour center table. And I forgot to remove it so when the children came they saw it there and use it the book to write their nursery rhymes and misplaced the book as we. So for the time when I wanted to use the seed to login to another device I could not find it again and I look for this paper for three months and finally I saw it under the bed. And the advice I will give here is that even though you are alone in the house always keep your seed phrase in save place and secret place because you don't know when a visitor will come to the house and picked the seed phrase from your house. Always be security conscious.
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April 09, 2024, 12:42:54 PM
 #92

What mistakes did you make, and what advice do you have for others to be careful?

What are the best and worst ways of storing a seed in your opinion?
I have lost my seed phrase before but later I found it. I lost it because I was alone in the house and family was on vacation for the last Christmas Holiday and since I was alone I drop the seed phrase paper under the parlour center table. And I forgot to remove it so when the children came they saw it there and use it the book to write their nursery rhymes and misplaced the book as we. So for the time when I wanted to use the seed to login to another device I could not find it again and I look for this paper for three months and finally I saw it under the bed. And the advice I will give here is that even though you are alone in the house always keep your seed phrase in save place and secret place because you don't know when a visitor will come to the house and picked the seed phrase from your house. Always be security conscious.
Even making yourself that storing or putting up those keys in your own bedroom there's still risks for it to be misplaced on which this is something that would really be having those kind of instances.
This is why myself i did put up my keys on different 3 flashdrives on which one is on the attic of my own bedroom and one is placed on my own personal bag and one is placed on other parts of the house.
Of course its not really that out of reach of other people even with other family members on which we can really be able to make ourselves that confident that it cant be known by other people
whether family members or not.

So far i havent lost mine after 9 years here on crypto space on which i could say that it does still work. I havent that purchased some hardware wallet even those
things i do have doubts that they were totally that not that exposed or have known those pk's or having that tight security or whatsoever.

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April 09, 2024, 02:57:04 PM
 #93

What mistakes did you make, and what advice do you have for others to be careful?

What are the best and worst ways of storing a seed in your opinion?
I ran into such a situation once and I wrote down the seed phase of my trust wallet in a diary. But when I set off on a long journey with that diary, I fell into the hands of robbers. A group of robbers stole my diary along with my luggage, mobile phone and wallet. Despite my best efforts, I could not keep the diary safe from the bandits. So that was the first experience in my life and I have never forgotten that experience till now.
Based on the many experiences of people saving seed keys, perhaps what you have mentioned above might be a bit too dangerous to keep secret keys in your wallet or write them in a diary, yes, humans can't escape the name of forgetting.

From my experience, I created 2 new emails that were not confirmed from various other activities, just created them and I also maintained their security with 2-step verification by connecting my personal telephone number and Authenticator App. And before connecting the Authenticator Application, I also saved the barcode or code from the Authenticator so that at any time if my cellphone is damaged I can open it again.


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