Over the years many top investors in bitcoin and other crypto assets has lost their lifetime fortunes because they failed to disclose most of their investments and other crypto assets to their loved once due to reasons best known to them, however every investors is mandated to have a next of kin that knew of their Bitcoin investment and it secret phase so that in case of any eventuality, no body is praying for bad things but if something we never prayed for happens, who can access our asset (funds) ?
It Is a crucial question we should be asking our self.
In bitcoin investment, we shouldn’t joke with our seed phrase, because whenever anyone has access to your seed phrase, the we should know that they can easily access your bitcoin, and if you loss your seed phrase, that means you have lost access to the wallet, there is no way you will be able to recover your bitcoin back. That’s why we just have to be very careful with our seed phase.
When you are storing your seed phrase, then you should try and have at least one person that will have access to your seed phrase, and if you don’t want anyone to have access to your seed phrase when you are alive, then you should make sure you back up your seed phrase in a place where people close to you will be able to access it even when something happened.
When securing your seed phrase, you should make sure it shouldn’t be stored in anywhere there is interest connection. If you are storing your seed phrase, then it should be stored completely offline. You can get maybe an iron steel and carve your seed phrase on it, then you can store it in multiple places.