Many of you hear don’t know the important of your seed phrase at all , most folks don't want to focus on the knowledge aspect of cryptocurrency they just want to focus on only making money (and shouldn’t be like that) the knowledge is vital .
The lack of proper knowledge as cost most folks a lot , like a friend of mine that mined $pi save his seed phrase on his phone note ( about 100+ pi but nah only 97 Dey withdraw-able for now ) . So he didn’t set his mind for the worse scenario, and guess what his phone got bad and now he can’t access it he try repairing it so that he can have access to the seed phrase and some important things . According to the repairer he said the problem was the battery and he got new one but it still couldn’t on the phone , then the repairer discovered that the panel was also among the issue ( according what he told me that the repairer said that once he change the panel is going to lose some important data) don’t know how true the panel stuff is because I have no idea on repairing mobile phone , now we are just hoping for the device to on miraculously so that we can quickly copy the seed phrase.
While the other one someone told me how he lose his bitcoin worth $1k , due to not having the proper knowledge he didn’t even bother to save the seed phrase at all ( you all know that is not like password you can’t retrieve back) is gone and is gone , so they actually stole his phone and the painful thing is that he bought the bitcoin when bitcoin price haven’t gotten to this stage it is now ( I think it was around $60k+) , now he has not only lose his phone he also end up losing his hard earn funds too .
How to keep your seed phrase properly : Write it down in a note , and keep it in safe place (safe from physical attack like water , fire etc) . And put it in a place you can easily remember or access, so that you won’t forget where you put it , because if you lose it you won’t able get it back .
And please if you have any opinion concerning that my friend with faulty device , it will be appreciated. Because I know there’s no way the other is going to get his back , and please try and learn from this so that you won’t make same mistake, losing your hard earn funds is not funny at all .
This is the most dangerous and expensive mistake one could ever make regarding to the security of your seed phrase it, exposes you to danger, having an offline back up would have been the best to save his situation, a lot of persons feels that offline saving of your seed phrase is not relevant, mainly when writing it on a piece of paper they see it as an old fashioned way of storing items, which they don't know it is the best, in as much as you kept it in a dry place that paper will not go bad or go missing of not tempered, just like our books in the shelf of our libraries or safe, now if luck is not on his side he will be losing everything, therefore it is important not to be careless but more careful when it comes to seed phrase storage so that you will not regret it, and it has always being discussed in this platform severally to always have multiple backups to avoid situations like this.