I think people should get more educated about bitcoin even before teaching them to accumulate it cause if they are not careful they end up losing it and think about losing 8 years with of accumulated bitcoin just for a ignorant decision like this.
this would be human error. It's not the device, the wallet security, or the thief at fault. Such user errors can occur, even regarding selecting seeds stored on a particular device. When a device is damaged and requires recovery, the risk of losing assets becomes greater.
We must be wiser in managing our wallet seeds. many events can be our experience. Hopefully, that won't be the experience we experience ourselves. we have been warned, then we must be more careful.
Well said. It's easier said than done to do something stupid like losing the keyphrase. Been there myself, but only for small test wallets.
I've learnt the hard way that if you have hardware wallets, have a spare duplicate ready and updated. In the event the first one fails or anything, you arent suddenly stuck waiting for one to arrive in the mail.