Beginners should avoid this wicked idea at all cost

[I_Anime]

If anyone should know better about crypto wallet it should be the makers, I mean those people who build wallet softwares for public uses, but I am here to tell beginners to be on guide as there are wallets out there that don't know what they are doing, or maybe they did it intentionally?

Allowing your users or customers to store their recovery seeds via online cloud storage is evil and wickedness, because beginners are always in good terms with easy way out, there is no better way to define beginners than this.

There is a high chance that beginners trust crypto companies more than themselves, thinking that "They should know better since they are the ones that make the crypto wallet", but alas, if any beginners are reading this, know that keeping recovery seed in cloud storage is 100% wrong.

Trust wallet, I am looking at you.

If you are a beginner please stay away from any means of storing your recovery seed in a cloud storage, this doesn't make trust wallet and unusable crypto wallet, if you must you trust wallet make sure you store your recovery seed offline, don't patronize their cloud storage idea, it's totally wrong.

Many don't know how crucial privacy and security are in this space, do you know how it feels to lose all you have worked for all your asset that took you years to put together. You don't wanna know such feeling , that's why you have to prioritise the safety of your assets by being well equipped with the right knowledge on how to improve your security and keep your asset safe . During my newbie era I don't put much focus on security and stuff but as time goes I began to see that's it play a crucial role in this space .

[Peanutswar]

Allowing your users or customers to store their recovery seeds via online cloud storage is evil and wickedness, because beginners are always in good terms with easy way out, there is no better way to define beginners than this.

There is a part in a human that they do forgot some things and we know also that  password but if we are talking about money for sure you will dont want to forgot your password and even seed phrase if its into your wallet so one of the lazy thing does the people did is having a seed phrase only so they can easily copy and paste their seed than plotting it into a piece of paper or any form outside the internet.

If you are a beginner please stay away from any means of storing your recovery seed in a cloud storage, this doesn't make trust wallet and unusable crypto wallet, if you must you trust wallet make sure you store your recovery seed offline, don't patronize their cloud storage idea, it's totally wrong.

Ideally having a multiple backup is a prevention measurements most likely if you have a large amount right there. Others did is keep into different locations with their seed, having a piece of metal even there is a natural occurance because paper is vulnerable, tons of things you can do with your seed just to keep it just make sure you are the one who knows where you store.

[Patikno]

Allowing your users or customers to store their recovery seeds via online cloud storage is evil and wickedness, because beginners are always in good terms with easy way out, there is no better way to define beginners than this.

Storing sensitive data in the cloud is highly discouraged, especially when it comes to backing up your personal wallet. Storing sensitive information online is inherently dangerous, as criminals could attempt to steal it. It should be better to store personal data offline, and avoid any internet connection. Personally, I would never store my wallet data in the cloud (especially if it holds a large amount of cryptocurrency), and I never have. Even, if I have a significant amount of cryptocurrency, and then I will immediately move it to a secure offline wallet. So, I think beginners should be aware of these.

[Miles2006]

Firstly, Trust wallet is not an option. Newbies also should start a solid learning foundation in order to avoid such mistakes definitely wallets who introduce these pattern are likely supporting a third party security system without directly stating it. Allowing holders to store their private keys using iCloud or Mobile device is absolutely wrong, this mistake is common not just newbies obviously a lot of people go for stress free option and surprisingly private informations get expose, newbies should learn to store private informations offline.

[macson]

Those crypto wallet companies just don't care about that stuff. All they care about is getting more people to use their wallets. That's why they often let users do things that can actually put their seed phrase security at risk, like allowing screenshots of the seed phrase, suggesting online storage to back it up, and other advice they really shouldn't be giving to users.

User awareness regarding the security of their assets is important because if they do not care, no one else will. For that reason, I only trust Electrum and Blue Wallet to store my assets. Both applications are reliable and are more recommended compared to other wallets.

[Franklyn-wood]

If anyone should know better about crypto wallet it should be the makers, I mean those people who build wallet softwares for public uses, but I am here to tell beginners to be on guide as there are wallets out there that don't know what they are doing, or maybe they did it intentionally?

For you to be more safe, try to know about wallet and their various types and also make use of the one that is more common than the type of wallet you will not be familiar with, this same wallet also exist in categories and we should know which one will be best for us dependent on our demand, but Ideally, making use of a non-custodial wallet is more safer than any other type.

 
Yes it is good to read through the policy of the wallet provider, I'n that policy everything needed is provided there be better clarification to all there users. If after reading through this informations you are not satisfied with it, quitting will be the best to do avoiding any strict rule enforced on.
I have also been victimized of such thin as I was enticed be the adverts published and straight way I started the registration process during which I started seeing some things I didn't expect to be part of the process  in that wallet, at the starting interesting but on the long run there was a bridge in my expectations from the wallet provider, so I became tired of continuing.

[Kelward]

I always emphasize that information is power and what you don't know is greater than you, thankfully any active newbies in this forum will at one point or another learn that it is a fatal mistake to store your seed phrase online. It is sad that a wallet provider will mislead their customers to have the option of storing their seed phrase online which is very wrong and you will wonder if they don't know the implications or they just don't care.

There is a serious need for everybody to carry out research on anything that has to do with online before clicking or giving their consent because if anything goes wrong you're on your own. Knowing about wallet security should be paramount to every Bitcoin holders, it is only through your wallet that you can access your Bitcoin therefore any avoidable mistakes can can lead to lose of your coins forever. To be forewarned is to be forearmed.

[Cookdata]

There is a high chance that beginners trust crypto companies more than themselves, thinking that "They should know better since they are the ones that make the crypto wallet", but alas, if any beginners are reading this, know that keeping recovery seed in cloud storage is 100% wrong.

Trust wallet, I am looking at you.

If you are a beginner please stay away from any means of storing your recovery seed in a cloud storage, this doesn't make trust wallet and unusable crypto wallet, if you must you trust wallet make sure you store your recovery seed offline, don't patronize their cloud storage idea, it's totally wrong.

There was one time I had Trust wallet as one of my best wallet then, that was 2020 during Covid period, I remembered how I downloaded the wallet through a campaign Binance was doing then, they gave some TWT and I was eligible, that was how it became my favorite but on getting here, I learnt the truth about most of these wallets that were introduced to people through marketing and I'm sure they are naive like I was then. People don't know about what they download, they used them because others are using it.

Some of this developers thinks out of the box but then when you look at some of their architectural design, they are money oriented goal companies where they can have access to data because data is money, that's where they can make good money. So when they make things, it doesn't gives users an option to be what they want, they always want to constrain user else why build an app with option to save a sensitive data to a cloud when there is nothing guarantee.

[Zanab247]

Firstly, Trust wallet is not an option. Newbies also should start a solid learning foundation in order to avoid such mistakes definitely wallets who introduce these pattern are likely supporting a third party security system without directly stating it. Allowing holders to store their private keys using iCloud or Mobile device is absolutely wrong, this mistake is common not just newbies obviously a lot of people go for stress free option and surprisingly private informations get expose, newbies should learn to store private informations offline.

When you put learning first to understand BTC and other cryptocurrencies then you can start searching in this forum or outside the forum to know the best wallet that is good in hodling BTC or good in hodling altcoins before you can start buying BTC or altcoins. Before you take other people idea make sure you have make some requirements about the market or coins before you decide, because there are some scammers that will come up with some lies just to deceive you and scam you by referring you some fake wallet.

Once you know how to keep your seeds phrase in a safe place, you can hodl your BTC in a good wallet more than five years before you can think of selling, because you know your profit will double up for you to smile.

[SquirrelJulietGarden]

When you put learning first to understand BTC and other cryptocurrencies then you can start searching in this forum or outside the forum to know the best wallet that is good in hodling BTC or good in hodling altcoins before you can start buying BTC or altcoins.

Searching is a skill but it is like an important homework too. I can help with the list of recommended best wallets but people should do their own searching too.
https://www.lopp.net/bitcoin-information/recommended-wallets.html
https://learnmeabitcoin.com/beginners/wallets/#best-wallets
https://bitcoin.org/en/choose-your-wallet

One thing to correct and remind that holding bitcoin and holding altcoins should be stored in very different wallets. I don't like to use a wallet that support both Bitcoin and altcoins because if anything wrong with the wallet, I can afford losing altcoins but I can not afford to lose bitcoin.

[henmark]

I always emphasize that information is power and what you don't know is greater than you, thankfully any active newbies in this forum will at one point or another learn that it is a fatal mistake to store your seed phrase online. It is sad that a wallet provider will mislead their customers to have the option of storing their seed phrase online which is very wrong and you will wonder if they don't know the implications or they just don't care.

There is a serious need for everybody to carry out research on anything that has to do with online before clicking or giving their consent because if anything goes wrong you're on your own. Knowing about wallet security should be paramount to every Bitcoin holders, it is only through your wallet that you can access your Bitcoin therefore any avoidable mistakes can can lead to lose of your coins forever. To be forewarned is to be forearmed.

This is nothing, most newbies don't even know wallets exist, and that is because they have started their journey through centralized exchanges, and they believe that the only place where they can or should keep their cryptocurrencies is their centralized exchange account and they also believe it is the safest way to keep their funds. Or, if they come to know about wallets, they will only know about online wallets mostly that they can use to store their cryptocurrencies but won't get their private keys to, they won't know that non-custodial wallets exist where there is no third-party involvement.

I would personally never use a wallet like Trust Wallet to keep my cryptocurrencies because I know that other than a seed phrase that I can use only with Trust Wallet, I won't have any other security about my funds, and I can't import my wallet or wallets anywhere else since I don't get my private keys, and private keys are very important, but since newbies don't know all these things, most of them use such wallets, and they believe that they are completely safe from all sort of threats. So for them, saving their seed phrase online is not that big of a problem.

[Y3shot]

If you are a beginner please stay away from any means of storing your recovery seed in a cloud storage, this doesn't make trust wallet and unusable crypto wallet, if you must you trust wallet make sure you store your recovery seed offline, don't patronize their cloud storage idea, it's totally wrong.

There is no better way than storing it yourself. Storing your wallet yourself is the safest way, but if you consider saving it online or using a password manager, you are just creating more problems for yourself. As a bitcoiner, one of the things to learn is to be disciplined about storing your seed phrase yourself.

 If you think it is not safe in your hands, then you have problems that are known to you. Keeping your seed phrase safe shouldn't be something difficult for people if they truly care about their assets.

[NurseHub]

Should the name be untrusted wallet instead of trust wallet? because iCloud is like giving someone to help you hold your money and how sure are you that they don't have the intention to run away with your money?

now this is more for people who are new to crypto including me, manuals are the best way to do anything in the crypto world, I have learnt this earlier but this is now more reason to hold it tight.

[Wiwo]

Another one that I do not like is the use of passkey for wallets. Using passkey on centralized platforms like exchanges and gambling sites is still better but using it instead of seed phrase backup is very bad.

If I want to make use of any wallet, I make sure I go for only seed phrase and the seed phrase backup will be offline. I prefer to use just papers for the backup.

Do we actually still have wallets that use password instead seed phrase, I seems to be missing something here because even if you implement password security on your wallet that doesn't take out your seed phrase when you want to recover your wallet in another time.

I sure won't agree to use wallet that allows me just via email and password because that is nothing different from the centralised platforms you mentioned, who have control over your wallet and all the money in inside.

[Franklyn-wood]

It’s a shame if they still do that. I know at one time Trust wallet allowed users to screenshot their seed phrase (which is a very bad practice). It’s obvious that the developers do not care much about their users building the correct culture of wallet security.  IMO Trust is not the best wallet to use, there are far better options like Electrum, Blue Wallet and Unstoppable.

I lot of people have falling victim of this kind of mistake, mostly those that uses wallet that have options that are not save for users, some of this user are not even aware of this kind of trapes unknown to them. I use to think that some of this wallet provide secure programmed walletes with the interest at heart, but little did I know that they alare in most cases interest in the money they make from the apps they creat for people to use. I am glad and opportuned to be here to learn all this things.

[coupable]

Another one that I do not like is the use of passkey for wallets. Using passkey on centralized platforms like exchanges and gambling sites is still better but using it instead of seed phrase backup is very bad.

If I want to make use of any wallet, I make sure I go for only seed phrase and the seed phrase backup will be offline. I prefer to use just papers for the backup.

Do we actually still have wallets that use password instead seed phrase, I seems to be missing something here because even if you implement password security on your wallet that doesn't take out your seed phrase when you want to recover your wallet in another time.

Yes there are plenty of them in the internet that it not limited to web-wallets. Quick search online I can mention few of them which are not in the web-wallet category:
Bitkey: hardware wallet that uses a combination of a hardware key, app key with biometric auth, and server key. [1]
Breez: has implemented passkey login treating it as a modern replacement for seed phrases. [2]
Ryder: designed to use passkeys and biometric data as the primary credential. [3]

[1] https://m.youtube.com/watch?v=2pHwrWWwZWE&t=1s&pp=2AEBkAIB
[2] https://blog.breez.technology/no-seed-no-sweat-introducing-passkey-login-for-the-breez-sdk-2cb7a7ee0279
[3] https://ryder.id/blogs/glossary/what-is-a-passkey-wallet?

Disclaimer: I never used those wallets and I don't recommend anybody to use them for the reasons detailed in this topic discussion.

[Achalugo BTC]

Many don't know how crucial privacy and security are in this space, do you know how it feels to lose all you have worked for all your asset that took you years to put together. You don't wanna know such feeling , that's why you have to prioritise the safety of your assets by being well equipped with the right knowledge on how to improve your security and keep your asset safe . During my newbie era I don't put much focus on security and stuff but as time goes I began to see that's it play a crucial role in this space .

The truth is that, no one will really understand how that really feels, not until it eventually happens to them. I've been a victim of wallet draining before via wallet connection to a fake faucet site. Although it wasn't much that was lost that day, because I didn't use my main wallet, but it just made me wondered what if it was actually my main wallet? that's exactly how I would have just lost all my assets to thieves. this made me double my security consciousness.

[puloweh555]

Many don't know how crucial privacy and security are in this space, do you know how it feels to lose all you have worked for all your asset that took you years to put together. You don't wanna know such feeling , that's why you have to prioritise the safety of your assets by being well equipped with the right knowledge on how to improve your security and keep your asset safe . During my newbie era I don't put much focus on security and stuff but as time goes I began to see that's it play a crucial role in this space .

The truth is that, no one will really understand how that really feels, not until it eventually happens to them. I've been a victim of wallet draining before via wallet connection to a fake faucet site. Although it wasn't much that was lost that day, because I didn't use my main wallet, but it just made me wondered what if it was actually my main wallet? that's exactly how I would have just lost all my assets to thieves. this made me double my security consciousness.

Learning from mistakes is crucial.

For beginners and even pros we must be familiar with the security of our wallets whether small or large because the seed phrase is the key to all your crypto assets. If someone finds out or loses it your assets are gone because there's no customer service to recover them.

That's why it must be guarded as strictly as possible from the start. Before entering the crypto world, we should avoid even the smallest details at all costs. So, get used to small amounts. If you're used to guarding your seed phrase closely when your assets are still small you won't be careless or careless when they grow. Because when it comes to wallet security once you're careless your assets can be depleted as happened to you. Many people out there have lost tens to hundreds of billions of rupiah simply by taking a screenshot of your seed phrase, saving it to the cloud or telling someone close to you. Hackers and fraudsters are always looking for loopholes. They don't care whether your assets are small or large the important thing is that they can be stolen.

[Rgram]

Many don't know how crucial privacy and security are in this space, do you know how it feels to lose all you have worked for all your asset that took you years to put together. You don't wanna know such feeling , that's why you have to prioritise the safety of your assets by being well equipped with the right knowledge on how to improve your security and keep your asset safe . During my newbie era I don't put much focus on security and stuff but as time goes I began to see that's it play a crucial role in this space .

It’s a feeling known better when experienced. Fortunately, there are those that don’t need to know this feeling because, they put themselves through learning and getting a glimpse of what this might be from other individuals while the unfortunate ones can play being novice and test an unforgiving cryptocurrency space.
Privacy and security is everything in this space and should be invested in real good, time and resources too. Not people that would choose to ignore warnings on how to download proper wallet from legit sources and store the bulk of their life’s savings on cheaply purchased hardware wallets.