What mistakes did you make, and what advice do you have for others to be careful?
What are the best and worst ways of storing a seed in your opinion?
Basically every beginner seems to make one or two costly mistakes in their early days, the most of which results in financial loss. I also made a really careless mistake while storing my private key when I started out, i started using Trust Wallet so while backing up my seed phrase to my wallet i saw a warning message that warns against taking screenshots of the seed phrase and that screenshot cannot be taken so instead of writing down my seeds and saving them in a secure location i felt too lazy to go get a pen and paper to write it down, then i asked my friend to take pictures of the seed phrase using his phone and that i will get it later from him to safely save it. That was how i forgot about the seed phrase, after some time i tried to reach my friend but i couldn’t, den a few days later he reached out and said he lost his phone.
Despite this, I didn't remember about the seed phrase until a few weeks later when I had to access my wallet due to a phone issue that required a factory reset. At that point, I realised my friend had taken screenshots of the phrase and had misplaced his phone. I was so upset that I believed there must be a way to avoid it, but there was none, and that's how I lost all of my money. Everything is valuable to you as a beginner, therefore I hoped I could turn back time and fix my error.
My advice to beginners and everyone out there is to take their private keys and seed phrases seriously, they should never joke with handling it and always secure it in a safe place. The seed phrase is more important than your asset itself because without it there is no way of accessing your assets.
To prevent damage from exposure, we should always write our seed phrase on a metal surface rather than paper. We should also produce duplicates of the phrase and store them in different locations. Avoid saving it in a location that is easy for others to access or too deep for you to reach.
Writing down on a metal plate and adding extra phrases to make it impossible for anyone to use and make duplicate copies and keep in multiple locations is the best strategy to save your seeds.
While writing down on paper—which is readily damaged when exposed to certain conditions and saving your seeds online such as in your email—are, in my opinion, the worst ways to save seeds, and these two approaches are the most popular ways people store their seeds.