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.
seed phrase is not something someone can memorised, because the lengths of the digits is ambiguous, so from my understanding knowing your seed phrase off hand is good but it will be difficult before someone will have all of the seed phrase in he or her brain
I know that the best method to store your seed phrase is through documentation manually, and I will not encourage anyone to save or store its seed phrase through email or online, because their is every tendency that someone can access your wallet when they penetrate into your email address through hack,
Is not good to store your seed phrase in anything that has to do with online because of misplacement of system, because if someone noticed your seed phrase its obvious that anything in your wallet is gone.
A really risky thing to be done by someone but if you are a person who do have that photographic memory then it could be considered but still the risks is there considering that not all would really be able to memorize things for the rest of their lives on which there would really be those particular moments that we do really forget up something on which we know that it would really be something crucial when forgetting 1 single word into that phrase of your wallet on which it would really be that a huge trouble if that one happens specially if you have stored your crypto investment or holdings into that wallet. If you are really that confident with your memory then its up to you and proceed on what you do really like but i would really be that recommend that it is really still much more safer if you would be doing some back up writing with those phrases on which of course you should really be doing your very best on trying out to avoid those phrases to be seen by other people. This is the only issue that you would really be needing to avoid as much as you could.
If you arent that confident with those paper writing then you could buy some hardware wallet or you would be buying up some steel plate and hide it out into those places that no one would really be able to find out.
There's no wrong on memorizing those phrases but i do always have those doubts that if i would really be doing it to myself then after a few months or weeks then i might forgot some of those words
and this does means that say goodbye into your coins if this one happens. So its better to be prepared than to be sorry in the end. It isnt really just too hard for you to do additional steps for the safekeeping of
your coins on which its specially holding up for long term.