Post
Topic
Board Bitcoin Discussion
Re: How to keep safe the mnemonic phrase - Whats Your method?
by
mvdheuvel1983
on 25/09/2023, 14:35:02 UTC
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?

I use hardware wallets to store my keys and sign transactions because it gives me the highest level of security. Another benefit of it is that it allows me to make paper backups of my key phrases in order to achieve resilience and continuity incase something happens to me.
My desktop isn't secure at all just like every other desktop out there. My assumption is that both my computer and mobile phone have been compromised. Therefore, any information stored in there vulnerable to being accessed by bad actors.