What is your risk tolerance on your investment?

[Showlove01]

I have actually checked and I realized there is no particular way of saving seed phrase that is seen as the best or a particular way people recommend as best which means that any way we feel it is okay for us then we should go for it and save it. However, it is very unwise for someone to be investing in Bitcoin without thinking about security, how to keep their seed phrase safe because doing that means they don't know what they are doing in their accumulation because once seed phrase is compromised everything in one's wallet is gone.

[BIT-BENDER]

This is no longer something new anymore as we know but one major thing we should be looking at is " what is your security level on your investment"?
From my observation, Bitcoin investment from people around here has sound so common nowadays where they are solidly focusing on a regular accumulation of Bitcoin, either through DCA or lump sum then forget about the security that is associated with their investments. People know that securing their seed phase is like a rhyme where they would be thinking that when they duplicate their seed phrase that their investments is secured.
But then, have you think of natural disaster? Things that you can't imagine to happen such as; flood, fire incident or something that is related to evacuations from your spouse or fiance where they wouldn't know when their visitor and anyone at home could get those their seedphrase being trashed.
If you know how important we should safeguard our investment then you would know how much important you should be able to secure your seed phrase without easily being compromised.

You are free to contribute to this topic here.

You seed phrase is important to access your Bitcoin, you can see what your wallet contains but if your seed phrase is gone your access to it is gone, it is important to secure it with your eye opened.
Well no one prays for natural disaster because it could not only take away your seed phrase but your loved ones so in a case of natural disaster or man made disaster I am concerned about human lives than seed phrase first.
Just ensure you secure your seed phrase properly and give no chance to unforeseen circumstances.

[Mhizlove]

Honestly what I can say is that alot of people are focus on how they can buy and grow their bitcoin without even spending much time on planning for unforeseen situations. You see security just don't end up in backing up a seed phrase, instead the back up is supposed to survive damage and loss. And again another thing people hardly consider is succession planning, because if something happens to the owner, atleast trusted family members should be able to know how to access the funds safely and legally. An investment isn't fully secured if only when one person knows about it or only one person knows info about it.

[Humblevirus]

Providing proper security for an investment is very important, especially in Bitcoin investment. Without proper security, Bitcoin investment is not really us. That is why we have also been warned against leaving our Bitcoin on exchanges, because it is not the proper way to provide security for our Bitcoin investment.if someone's Bitcoin is kept on an exchange, he or she is not the only person who may have access to it. Therefore, our Bitcoin should be stored in a non-custodial wallet, and the seed phrase should be properly saved and protected. Our seed phrase should be stored in such a way that even if a natural disaster occurs, it will still be accessible only to us or to a trusted person whom we have given access.The seed phrase is very important because it is the key to accessing our Bitcoin investment. Without properly securing the seed phrase, our Bitcoin investment is at serious risk, and we could lose it easily.

[DPHOR]

Security is the major thing on our investment because whenever you loose your seed phrase then you have compromised your investment, therefore have a good place to store your seed phrase is always important even if some people do not reason about the loss that is associated to investment rather what they look into is their profits they will be gaining after the years of expecting the price to reach before they could sell for profits. Another thing I also experienced Is that there are lot people who think that story their investments on exchange is always better but to me that Is the wrong decision have ever taken because whatever that happens to exchange also affects your investment. To protect your investment you should be able to have their investments moved from exchange to a personal wallet such an open source wallet.

[Creeper0]

Look, there are some things you can never change and some accidents you can never prevent yourself from getting hurt. Some accidents will hurt you no matter what steps you take. Fire and flood are unpredictable events, where I live there has been no flood for the last 30-40 years and we have flood prevention measures in place, we are all always vigilant about fire. Still, if ever a situation arises where you lose your funds due to these natural disasters, then you can blame your luck.

Still, I try to keep the seed phrase in multiple places, so that even if one copy of the seed phrase is lost, another one is still usable. It is difficult to say whether someone else will get our seed phrase. But I try to keep it as safe as possible, but we cannot be sure and there is nothing more we can do.

[Churchillvv]

On the basis of security it’s very vital for us to know how to secure our bitcoin perfectly, the best way I figured out how to handle my crypto not just bitcoin was to have a (hardware wallet) which is one but then the second is going to be a two sig wallet type, so anytime I want to use the wallet I will know that I have to do it based on how much important it is. But my backup process I don’t discuss.

[Pi-network314159]

Seed phrase is very vital, essential and important to the extent that we should not allowed the third party to know about it, wether by mistake or intentional. Although backing up your seed does not mean it must necessarily be done by physical backup, you may as well have an online backup where Incase you are out of your location , you may login and copy it, or any natural disaster happenes and yih are not able to recover the physical seed you can login to your online cloud where you can recover it. Seed phrase is too important to only be backed up offline only. Online backup should be an alternative to easy accessibility.