Post
Topic
Board Bitcoin Discussion
Re: Are your Bitcoins safe?
by
oktana
on 28/12/2020, 22:47:03 UTC
Most of don't even back up properly, we just screenshot our phrases forgetting that screenshots can be seen by others and even be deleted by anyone. Let's be cautious about our backups, check them if they still exist where you kept them and be sure if you need to replace them.
If you are investing your hard earned money then you should be careful to back up all the necessary password and the files associated with the wallet. In the beginning many lost their coins because they were not serious about backing up the files and now we have multiple options including hardware wallets to safe guard out coins and with the price booming everyone will take it seriously.
It doesn't even need to be hard earned money. As far as the person invested, he/she must be really cautious about this.

I mentioned this many times... but isn't still the safest way to store you seed be ... put it in a bank safety deposit box?  But do it at two different separate banks with the seed in half? 


Or do it with say four banks... and break the seed into two and thus you have two copies of each in case?

This is a good idea but, the bank isn't reliable if I may say. I'd rather split the phrases in 4, and teach or give them to 4 of my kids(unborn Smiley), instead of the bank.