If you lose access to your private keys or recovery phrase, there is no support line to call, no way to reverse the loss. Your assets become permanently inaccessible, no matter how much they’re worth or how long you’ve held them. It’s a harsh reality. Many people in this space still underestimate until it’s too late.
I do recommend any newbie trying to invest in bitcoin to learn about wallet security first before they start investing in bitcoin, if you don’t learn about it, then you might end up losing your bitcoin which is really painful. Just imagine that after holding bitcoin for years, then at the end you ended up losing access to your bitcoin.
If you want to invest in bitcoin, make sure you know the appropriate wallet to use, and how to properly secure your private key. Make sure your private key is stored in a place where there is no internet connect. I have seen people storing their private key on gmail which I will say it’s not really secured, if anyone can have access to your gmail, then they already have access to your bitcoin wallet, and we all know that gmail can easily be compromised.
Writing seed phrase on paper is not really secure, because we all know that paper can easily be destroyed, and if anything happens to the paper, then you will be losing access to your bitcoin. I do recommend to people to secure their private key is by carving it on a iron plate, you carve it on multiple iron plates, then you will hide it in different locations, I think that’s just a better idea, the iron plate cant be easily destroyed like paper.