The conventional wisdom is to never store your seed phrase online.

However, millions if not billions of people rely on password managers to store critical username and password information for
their bank accounts, email account, Amazon, ebay, Apple and Android accounts, crypto exchanges, school and work emails, etc.
PMs also store all your personal identifying information including name, address, phone number, etc.

The average person probably has at least a hundred different online passwords which would be virtually impossible to keep track of
without a password manager. I have never heard of a password a manager being hacked into so they seem to be veryextremely secure.
I have been using PMs myself for over 20 years with no issues. So if they have such a stellar track record of security then why not
use a PM to store your seed phrase? Most PMs allow you to store personal notes so that is where your seed phrase would go.

Benefits of using a PM - eliminates the possibility of losing your physical backup or having it stolen.
Personally I am more worried about someone stealing my physical backup or me losing it then I am
of my PM getting hacked.

I'm not saying others should store their seed phrase in a PM but I do believe it is an option worth considering.
Ultimately it is up to every person to make their own choice. If you don't feel comfortable doing it then don't do it.
Keep your seed phrase offline. Another option is having both - a physical backup plus online backup secured in your PM.

I would also suggest using a passphrase (aka hidden wallet) so in the remote event someone hacks your PM
they won't be able to use your seed phrase without knowing your passphrase. But this is completely optional
and can be a double edge sword - if you ever forget your passphrase you are screwed so better make sure
it is simple enough to remember. Of course you never want to store your passphrase together with your seedphrase
because that would defeat the purpose.

The conventional wisdom is to never store your seed phrase online.

MillionsHowever, millions if not billions of people rely on password managers to store critical username and password information for
their bank accounts, email account, Amazon, ebay, Apple and Android accounts, crypto exchanges, school and work emails, etc.
TheyPMs also store all your personal identifying information including name, address, phone number, etc.

The average person probably has at least a hundred different online passwords which would be virtually impossible to keep track of
without a password manager. I have never heard of a password a manager being hacked into so they seem to be extremelyvery secure.
I have been using PMs myself for over 20 years with no issues. So if they have such a stellar track record of security then why not
use ita PM to store your seed phrase?

Benefits of using a PM - eliminates the possibility of losing your physical backup or having it stolen.
Personally I am more concernedworried about someone stealing my physical backup or me losing it then I am
of my PM getting hacked.

I'm not saying others should store their seed phrase in a PM but I do believe it is an option worth considering.
Ultimately it is up to every person to make their own choice. If you don't feel comfortable doing it then don't do it.
Keep your seed phrase offline. Another option is having both - a physical backup plus online backup secured in your PM.

I would also suggest using a passphrase (aka hidden wallet) so in the remote event someone hacks your PM
they won't be able to use your seed phrase without knowing your passphrase. But this is completely optional
and can be a double edge sword - if you ever forget your passphrase you are screwed so better make sure
it is simple enough to remember. Of course you never want to store your passphrase together with your seedphrase
because that would defeat the purpose.

The conventional wisdom is to never store your seed phrase online.

Millions if not billions of people rely on password managers to store critical username and password information for
their bank accounts, email account, Amazon, ebay, Apple and Android accounts, crypto exchanges, school and work emails, etc.
They also store all your personal identifying information including name, address, phone number, etc.

The average person probably has at least a hundred different online passwords which would be virtually impossible to keep track of
without a password manager. I have never heard of a password a manager being hacked into so they seem to be extremely secure.
I have been using PMs myself for over 20 years with no issues. So if they have such a stellar track record of security then why not
use it to store your seed phrase?

Benefits of using a PM - eliminates the possibility of losing your physical backup or having it stolen.
Personally I am more concerned about someone stealing my physical backup or losing it then I am
of my PM getting hacked.

I'm not saying others should store their seed phrase in a PM but I do believe it is an option worth considering.
Ultimately it is up to every person to make their own choice. If you don't feel comfortable doing it then do it.
Keep your seed phrase offline. Another option is having both - a physical backup plus online backup secured in your PM.

I would also suggest using a passphrase (aka hidden wallet) so in the remote event someone hacks your PM
they won't be able to use your seed phrase without knowing your passphrase. But this is completely optional
and can be a double edge sword - if you ever forget your passphrase you are screwed so better make sure
it is simple enough to remember. Of course you never want to store your passphrase together with your seedphrase
because that would defeat the purpose.