Quote from: willowfoot on March 07, 2018, 05:51:07 PM

you can also, with a decoy safe, buy a cheap one and place it in an obvious place, like corner closet.

Put a handful of valuables in there, so if someone is snooping around they will focus on the safe. If they break it will will be content.

while your private key is somewhere else.

Best place though is just to memorize your private key Shocked

A decoy safe looks like the best idea so far. This could divert the attention of the robber towards a safe that contains non-important items. The real private keys for the cryptocurrencies I hold would be stored someplace else no one could imagine. Since any private key can be placed on a small piece of paper, it could easily fit under the carpet, under a floor tile, and even on the ceiling.

That way, my crypto-balances could stay safe even if I get robbed. As for memorizing the private key, sounds nearly impossible considering the length of characters the same has. Things aside, another solution I've been thinking is the safe deposit box in the bank to secure my wallets. Such wallets, are PVC cards which contain the public and unencrypted private keys, so they would be stored in the bank for greater safety. As such, I would store the Ledger Nano recovery seed on a piece of paper hidden in an undercover place, whereas the cards would be stored in the bank