I read that one of the best ways to preserve a seed phrase is to write it on a piece of paper and keep it in a safe place... Somewhere safe could be in your home out of the reach of family members and friends, it could also be a safe deposit box. But not everyone are financially buoyant to afford the services of a deposit box.
I believe we must have seen or heard about fire outbreaks, where buildings are completely erased by fire. Imagine if the owner or occupant of such a building has some Bitcoin assets, and has his/her phone, tablet, laptop and the seed phrase piece of paper in the building and everything was lost to fire. Now, this brings me to the question... Can seed phrase be memorized? It's advisable to memorize seed phrase?
Obviously it's best to memorize your seed phrase but i would definitely not suggest that this should be your only option. because if we are considering worst scenarios then what if something happens to you? Moreover it's a human brain afterall and you can easily forget such a long seed phrase pretty easily i would suggest doing it both the ways keeping it in two secret places just for safety and also memorizing it. After all this the risk of losing it is honestly very minimal which really is worth the bet.