Post
Topic
Board Beginners & Help
Re: The cost of maintaining wallet
by
sheenshane
on 14/05/2023, 00:00:01 UTC
Those who are running long term investment, always have to undergo the active maintenance of seed phase, password, device for instance if your phone lost, you have to look for a way to restored everything into your new device, most people lost their seed phase, private keys and wallets that's why I have come up with little ideas especially if you're this carefree person.

You are wrong OP, If you set up your seed phase correctly, and you save it in a secure offline place you won't need any "active maintenance" or whatever you mean by that Huh, where did you get this info from?
I tend to agree and a piece of paper would be fine as long as you stored it in a safe area.
Everything on the internet would be vulnerable to hack and storing your private key on email isn't a good idea.