Quote from: NicNacCoin on January 30, 2024, 09:58:56 AM

Quote from: riverdip on January 26, 2024, 04:06:32 AM

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?

As long as I have been on bitcoin forums and have never lost bitcoins to anyone from holding bitcoins I have never made the mistake of holding bitcoins. But my advice for every bitcoin holder is to keep your bitcoin wallet seed phrase very safe. Keep the wallet seed phrase to keep your bitcoins in a safe place so that no one can steal them somehow. But the best way to keep the seed phrase of the wallet containing bitcoin safe is to write it down in a notebook. I write down the seed phrase of the wallet that holds my bitcoins in a notebook and keep that notebook in a place where no one but me can see it.

But you just write them down in a notebook and have no other backups? The method of writing the seed phrase in a notebook is considered the most popular, but I think we need to have 1 or 2 backup copies instead of just 1 main copy. Notebooks and paper are both very perishable, have you ever thought about the fact that if they get burned or wet, you will lose access to your property? So, I think no matter what method we use to store our seed phrase, we should have at least 1 to 2 backup copies and store them in different places.