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Author Topic: Flood took my seedphrase  (Read 144 times)
uchegod-21
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Today at 05:22:50 PM
 #21

Sorry, @op, for this unfortunate incident. This is one of the reasons why newbies are advised not only to learn how to buy, sell and hodl bitcoin but also to learn how to secure and backup their seed phrases. I understand your claim that your area has never been flooded before, but how is it that you were smart enough to protect it against a fire outbreak? Or has the building been caught in flames before?

When investors learn security tips, one thing their instincts tell them is to store their seed phrases in different safe locations, just in case a situation like this occurs. This is something you would have learnt even before buying your first bitcoin.

If you still have your wallet on your device, you can transfer your bitcoins to a different wallet and do the right thing now. Alternatively, create a new backup immediately if your wallet allows it.

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Today at 05:33:09 PM
 #22

This is life, we get to learn our lesson in a hard way. You never knew that your mistake of not having an alternative to store your seed phrase somewhere else would hurt you in a way you didn't imagine.

Sorry for your loss. Losing up to $300 is not something some of us can easily lose and be happy about at this point, when everyone is buying and hodling their Bitcoin in anticipation of the bull run to come

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Today at 05:43:18 PM
 #23

Where i reside, i was born and brought up here and we never experience any form of flood but it is unfortunate that i cant recover my seedphrase that have been able to accumulate  0.004084 BTC. I dont want to blame myself for not having another location for my seedphrase but i tried my best as one that is new, i planed of making an alternative of keeping my seedphrase but i didnt want to rush not to make mistakes.
Your post history says you are from Nigeria, but we haven't had much news about flooding recently. However, I can confirm that there was flooding in several states during the rainy season. Right now, we're experiencing only a little rain and more sunshine The mistake you made was not having multiple backups of your seed phrase. You should always have more than one backup because storing it in just one location is not enough to keep your coins safe. There are many uncertainties, like the situation you described, which is why it's important to keep multiple backups in different secure locations. I'm sorry about your loss, though. I wish there were a way to dry the paper and recover the seed phrase.

R


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Today at 05:45:55 PM
 #24

I am sorry for your loss but I will give you an important suggestion where you can correct yourself later. Since you wrote it down and saved it in only one place but if you had saved it in multiple places and stored it in fireproof and waterproof containers then of course you would not have lost your Bitcoin. Since you know your area can be flooded so in this case you should have stored it in waterproof bottles. And if you had saved the seed phase of your wallet in multiple places then maybe you could have recovered your Bitcoin wallet. However some losses in life can teach you some important lessons which you can correct yourself later.
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