Post
Topic
Board Beginners & Help
Re: How do you safely keep your recovery phrase written on paper?
by
LogitechMouse
on 05/08/2022, 03:27:14 UTC
Yesterday, my mom did a general cleaning on my room and when she's done, I saw the recovery phrase of my Trezor hardware wallet on the garbage can which I placed on my computer table, I also have that same copy on my wallet but still can't stop myself to tremble in fear to lose that piece of paper.
Too careless.

First, you need to learn how to clean your own room (maybe you learned it now after you posted here Smiley). Your mother doesn't know what it is and she will just think that it is just another trash in your computer table thus, she threw it in a garbage an. You are careless because instead of putting it in somewhere else that is secured, you just put it in a computer table where anybody can just see it. What if there is somebody who knows about recovery phrases and he knows anything about hardware wallet? Your money will be gone completely because of how careless you are.

I didn't told her about it to avoid more argument because she wouldn't still understand what it is. This is what I've been scared about when people say to write your recovery phrases on a piece of paper instead of storing it online.
That would be better because after all, she doesn't know about recovery phrases and if she knows it, for sure she will not throw it in a garbage can. I don't recommend writing it online either because what is the purpose of your hardware wallet being a hardware wallet if you will just write it online. Hackers can still get your recovery phrase if you make a single mistake on your computer that will cause hackers to have access to your own PC.

I would like to know how others keep these secret phrases if the people in your house are not really knowledgeable in crypto. Would it be safe if I store it online but the file is encrypted and password protected?
I have many wallets that have seed phrases and I wrote every recovery phrase of every wallet thrice so I have 3 copies of each of the recovery phrase of each wallet. 1 of them is being stored in a locker where I only have the keys to open it, 1 is being stored in my physical wallet and the other one is being stored somewhere in our house that only me knows it (or maybe I will also tell it to somebody I trust the most when my time comes). I'm the only one who knows about crypto but I don't have any problems in terms of storing it since I always keep it safe and I'm not putting it into somewhere else that anybody can get it.

Storing it online? I'm not doing it so I'm not recommending it.