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Author Topic: Keeping your seed phrase safe  (Read 1484 times)

Offline ScamViruS

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Re: Keeping your seed phrase safe
« Reply #30 on: April 11, 2024, 08:38:57 PM »
~~~

Well, that's right, don't link many sites; for the main wallet, even if you participate in an airdrop or bounty, you will usually be advised to use a special or new wallet so that assets are properly protected from hacking.
Wallet security starts with yourself. In fact, we can't blame other people or existing sites, we only have to be careful when linking our wallets.
New crypto users are usually not that careful about using wallets, so they end up using their main account on all websites. And hackers take advantage of this, creating various fake airdrop websites and enticing new crypto users to participate in the airdrop with various tempting offers, so that the hackers can gain access to the wallet. A crypto user must first be aware of how to keep his/her wallet safe, otherwise that crypto user has to end his/her crypto journey by becoming a victim of hackers in a very bad way.

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Re: Keeping your seed phrase safe
« Reply #30 on: April 11, 2024, 08:38:57 PM »

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Offline yohananaomi

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Re: Keeping your seed phrase safe
« Reply #31 on: April 25, 2024, 01:26:34 AM »
~~~

Well, that's right, don't link many sites; for the main wallet, even if you participate in an airdrop or bounty, you will usually be advised to use a special or new wallet so that assets are properly protected from hacking.
Wallet security starts with yourself. In fact, we can't blame other people or existing sites, we only have to be careful when linking our wallets.
New crypto users are usually not that careful about using wallets, so they end up using their main account on all websites. And hackers take advantage of this, creating various fake airdrop websites and enticing new crypto users to participate in the airdrop with various tempting offers, so that the hackers can gain access to the wallet. A crypto user must first be aware of how to keep his/her wallet safe, otherwise that crypto user has to end his/her crypto journey by becoming a victim of hackers in a very bad way.
The main problem for every new user is always looking for safety by using one wallet and that is the main wallet.
When he participate in any program, that wallet will be sent, so it is very possible that at some point there will be a new program that is actually misleading, so the wallet provided will easily be hacked. But actually, it would be a very good lesson for him to remember that don't carelessly give or place your main wallet in any program that you don't trust, especially for airdrops which are often misused.

Offline bayu7adi

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Re: Keeping your seed phrase safe
« Reply #32 on: April 25, 2024, 11:18:18 AM »
The main problem for every new user is always looking for safety by using one wallet and that is the main wallet.
When he participate in any program, that wallet will be sent, so it is very possible that at some point there will be a new program that is actually misleading, so the wallet provided will easily be hacked. But actually, it would be a very good lesson for him to remember that don't carelessly give or place your main wallet in any program that you don't trust, especially for airdrops which are often misused.
Just sending an address for the purpose of participating in a campaign or airdrop is not a big problem, because from the address alone it is not easy for hackers to track the private key or seed phrase... but what becomes a big problem is when the main wallet is connected to a third party application which will actually making the security of the private key or seed phrase very vulnerable...

I can't recommend using a main wallet (with a large balance) to participate in campaigns or daily needs... as long as creating a wallet is easy and free, it's a good idea to create more than one for security and privacy purposes.

Offline yohananaomi

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Re: Keeping your seed phrase safe
« Reply #33 on: May 01, 2024, 02:54:02 AM »
The main problem for every new user is always looking for safety by using one wallet and that is the main wallet.
When he participate in any program, that wallet will be sent, so it is very possible that at some point there will be a new program that is actually misleading, so the wallet provided will easily be hacked. But actually, it would be a very good lesson for him to remember that don't carelessly give or place your main wallet in any program that you don't trust, especially for airdrops which are often misused.
Just sending an address for the purpose of participating in a campaign or airdrop is not a big problem, because from the address alone it is not easy for hackers to track the private key or seed phrase... but what becomes a big problem is when the main wallet is connected to a third party application which will actually making the security of the private key or seed phrase very vulnerable...

I can't recommend using a main wallet (with a large balance) to participate in campaigns or daily needs... as long as creating a wallet is easy and free, it's a good idea to create more than one for security and privacy purposes.
To avoid unwanted things, it's better to use another wallet to participate in airdrops, testnets and the like. To avoid something we don't want. It's certainly better. Avoidance is the best way, rather than regret later because of the lack of understanding experienced by the beginner.
There are many ways that can be misleading and there is no harm in not revealing the main wallet. At least there is an additional wallet that beginners can prepare for the event they want to take part in, because there can always be mistakes made by beginners themselves.
Even though it is true that it is not easy to hack a wallet because of good security, it is important to avoid mistakes made by beginners because fraudsters are clever enough to trick them in many ways.

Offline dkbit98

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Re: Keeping your seed phrase safe
« Reply #34 on: May 01, 2024, 05:33:22 PM »
Another good way of storing seed words safe and offline is by encrypting them, and it's very easy to do that with open source products like Seedkeeper.
Seedkeepr cards are made by Satochip, they have open source code, and they are good way to store multiple seed phrases in card format.
You can even make your own DIY card with custom design at your home and just flash the code.
https://satochip.io/product/seedkeeper/
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Offline Litzki1990

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Re: Keeping your seed phrase safe
« Reply #35 on: May 02, 2024, 02:26:35 PM »
We should keep the private information of your wallet safe in a few steps. If we want to keep the private information of our wallet safe online then we need to ensure a safe place where hackers can not access our wallet by keeping the private information of our wallet. Apart from keeping the personal information of your wallet online, we have to keep that information in a safe place by noting it in our offline account. It should be kept in a place so that no one but me knows about my wallet personal information. If we are careful to protect the personal information of our wallet then surely our wallet will be safe.

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Re: Keeping your seed phrase safe
« Reply #36 on: May 03, 2024, 12:17:26 AM »
Yes, for me would love to do a DIY backup for my seeds phrases.

Currently though my setup is having it in a safe deposit box at home. I bought some at cheap price from a friend of mind of sold it in the secondary market. So sometimes I will be there if there will be new arrivals and then I will chose my boxes I want and I have him and his workers repaint everything for me and do the reset, it's old school boxes not like the new model which is digital.

But now I looking as how to DIY as other options for me.

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Re: Keeping your seed phrase safe
« Reply #36 on: May 03, 2024, 12:17:26 AM »


Offline emmybd

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Re: Keeping your seed phrase safe
« Reply #37 on: May 03, 2024, 05:02:00 AM »
I have lost my seed phrases for a couple of times. Consequently, I have also lost my assets. People use different ways to keep seed phrases safe. If you keep it in your computer then if your computer breaks down, you are in trouble. There is also possibility that your computer may get hacked. Other ways such as keeping it in hardware wallet or writing it down on a page do have some advantages and disàdvantages.

Offline debra

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Re: Keeping your seed phrase safe
« Reply #38 on: May 03, 2024, 10:16:27 AM »
I have lost my seed phrases for a couple of times. Consequently, I have also lost my assets. People use different ways to keep seed phrases safe. If you keep it in your computer then if your computer breaks down, you are in trouble. There is also possibility that your computer may get hacked. Other ways such as keeping it in hardware wallet or writing it down on a page do have some advantages and disàdvantages.
Exactly, when we lose the seed phrase, we will lose our assets. That's why we need to be very careful to save the seed phrase. And it is recommended to keep the data of seed phrase in some places. So, when we lose the data in one place, we still have another data in another place. Sure, the computer can be hacked, too. We don't keep it carelessly.

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Re: Keeping your seed phrase safe
« Reply #39 on: May 03, 2024, 12:24:53 PM »
Exactly, I completely agree. Some of the necessary information, such as codes, should be on a clearly visible application on the phone and should not be forwarded to anyone for any reason, be it to tell you that you will get a computer for mining.
Yeah as clipboards or could be the whole phone or device might be infected with a backdoor or malwares that might send important private keys and seed phrases to the hacker. Well yeah this is quite common type of attacks which is alarming to most of us and yeah storing our PK's and SP's offline would be the most effective way for our funds to be safe.

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Re: Keeping your seed phrase safe
« Reply #40 on: May 03, 2024, 01:54:02 PM »
Other ways such as keeping it in hardware wallet or writing it down on a page do have some advantages and disàdvantages.
Hardware wallets are built in a way that you can only verify the see phrase but you can not see the seed phrase after you finish setting up the wallet. Although, maybe not all hardware wallets works this way. But you can not keep your seed phrase or keys in hardware wallet. It is better you write it down on a part or later laminate the paper or get a steel or titanium sheet for it. If you think the offline storage is not enough, you can extend it with passphrase. But some people use to make a mistake and not know that if they lost the passphrase, it is like they lost the seed phrase as they will not be able to have access to their coins.
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Offline dkbit98

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Re: Keeping your seed phrase safe
« Reply #41 on: May 03, 2024, 03:27:46 PM »
But now I looking as how to DIY as other options for me.
I don't think keeping them in cheap safe deposit is a good idea.
This will be the first thing anyone would check for valuable items, and if it's small they would just carry it and open in other location.
Some people are even making a mistake of keeping hardware wallets together with seed phrase backup, and that should never be done.
I had a few ideas for creating easy DIY backup solution, but I am not finding time to create good post with tutorial.
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Re: Keeping your seed phrase safe
« Reply #42 on: May 03, 2024, 05:16:44 PM »
And please don't share your seed phrase with anyone no matter any circumstances there's a reason why the seed phrase is private and for personal use.
For reasons like love and trust for next-of-kin, many people may consider sharing their seed phrase with their loved ones so that they can have access to their wallets if there is an accident that takes their life. It is risky because love can turn sour and then trust can easily be lost, especially because humans are generally unpredictable. Trust no one with your seed phrase except the individual, who is a legal practitioner bound by law not to divulge private sensitive information given to them.
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Re: Keeping your seed phrase safe
« Reply #43 on: May 04, 2024, 10:14:10 PM »
You can even make your own DIY card with custom design at your home and just flash the code.
https://satochip.io/product/seedkeeper/
Very good advice, I have practiced it, I have encrypted my main wallet recovery phrase and placed it at different locations in my house. Although they are vulnerable to any natural disasters and can be burnt easily. Many members will suggest using steal-made cards or material on which we can inscribe our seed phrases but its not an easy task as if you don't have the right tool or skill you have to hire and then that person could know the phrases.

I never heard about Seedkeepr before, its totally new to me, well after seeing the website it looks fascinating, did you use it? I mean if you have a personal review about it. Although if its open source is it verified by developers? The product seems good but I doubt will be shipped worldwide. If yes then that's a great thing. I will look into this product let's see if it convinces me.
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Re: Keeping your seed phrase safe
« Reply #44 on: May 04, 2024, 11:11:34 PM »
There are many ways you can keep your seed phrase safe.
At first don't store your seed phrase on any device that's is connected to the Internet. Like laptop or smartphone(to be safe from hackers) . Instead use a cold storage device, such as a hard ware wallet. You can also use password-

protected documents or physical copy to store in a safe place. But the issue of physical copy is that it might not be safe from physical attack like water or fire. Or you can easily misplaced it.

So just make sure you backup your seed phrase in a safe  location you can easily access.
Is really good to keep your seed phrase safe. Most people have lose alot of cash due to careless keeping of seed phrase. From hackers and mostly they forget the location they store their seed phrase.

And please don't share your seed phrase with anyone no matter any circumstances there's a reason why the seed phrase is private and for personal use.
Of course, it is very important to keep the wallet seed phrase safe at all times if you want to work in cryptocurrency. There are many investors and many users who have lost their money or had their money hacked due to not keeping their wallet seed phrase safe. I keep my wallet seed phrase in a very safe place from where I think no one can steal my wallet seed phrase. First I write down my wallet seed phrase in a notebook and keep that notebook in a place where no one but me and my wife can access it. Sometimes we hear from many people who lose money from their wallets they can't even say how they lost it but I guess most of the times it's because they don't keep the seed phrase of their wallets safe. So my advice to everyone is to first of all keep the wallet seed phrase secure so that no one can hack it somehow.

 

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