Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?
Would you try?
What are the benefits? ... and the setbacks.
Even if am very good at memorizing stuff, I wouldn't try that with my seed phrases anyday. I rather save them with other multiple means that is after which I've written them on a hidden file.
However, it could have been more possible to memorize it if you were required to provide them when ever you log in to your account but in this case you only need them during re-registeration process which doesn't happen all the time sometimes not even in a year Interval.
Even myself wont really be that comfortable or even really that confident on just simply memorizing my phrase considering that it is really that having inside some coins which does have value.
On the moment that you would really be able to forget even a single word or two then say goodbye into your coins and this is something that we dont really like to happen.
This is why it would really be that recommended that you should really be having that multiple back ups on storing up your keys on which memorizing is something the most risky
rather than on putting up on a paper. There are really that indeed moments that you do forget stuffs and it would be that something that crucial on just simply memorizing your keys.
If you are really that confident with this method then go ahead and try it out but dont make yourself banging up your head into the wall into the time that you would be finding
yourself having that kind of situation which you have lost all of your coins because of such mistake.