Re: How to keep safe the mnemonic phrase - Whats Your method?
fellow members,
As we all know keeping mnemonic phrase in a secure place is the first step of bitcoin journey. But there are few thing that comes in my mind:
->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?
-> Obviously keep it online in email of any other way is risking your funds.
What can be the best possible way, My favorite method is to using a metal keycard where I marked the phrase buy again it can be stolen
What your way?
Personally, I saved my seed phrase in a secure place online, as well as somewhere I assume no one can obtain it, so that if you mistakenly lose the other one, you can still open the wallet. We can't control natural disasters like typhoons, which are common in my country.As we all know keeping mnemonic phrase in a secure place is the first step of bitcoin journey. But there are few thing that comes in my mind:
->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?
-> Obviously keep it online in email of any other way is risking your funds.
What can be the best possible way, My favorite method is to using a metal keycard where I marked the phrase buy again it can be stolen
What your way?
Because typhoons can cause flooding, I shall keep my phrase on an elevated location. If I am not at home when the flood occurs and our house is damaged, I am not too worried since I have a different place where I keep my wallet, which is online. I wasn't concerned about actual theft because they normally didn't know as long as you didn't tell people you had Bitcoin.