who is the Importance of recovery seed/private keys

[lepbagong]

Yes, we are always warned to keep our recovery phrase and private key safe. Developers go ahead to warn that they can't recover for you. You do not have choice but to keep them safe.

That is what we will get information before creating a wallet, that's why it is important that it is always maintained, like the friend above said that if it is lost and forgets then we cannot return the wallet. of course it will be fatal that what we store on the wallet we will no longer be able to use and disappear without a trace.
so that what we do is like being swallowed up by the earth and it is very painful because there is no alternative that can help restore.

[Delgboke]

It is very important we know how to handle our information especially the phrase, seed and private key because here is the main engine that hold our crypto assets with the consciousness that if will lost any of this passwords our assets we be gone.

[Coin63@]

Actually most of the wallet ie , myethereumwallet (private keys, numeric phase) , Metamask ( phase) *Trust wallet (phase) , tron pro Link ( phase) etc etc based wallet. If you lost your above wallet phases you will lost all your assets. So don't to forget it and keep it Private notes .

[KKH84]

If you are an Android mobile user, there is an application made by Google and so far I have kept various private keys or seed phases from various wallets such as ETH, TRX, ADA and many more.  What is special in my opinion is that if we lose our cellphone or it is damaged and we buy a new cellphone, the most important thing is that we have to enter the same email as the email on the new cellphone, everything we have ever stored in the application will appear again and nothing is lost.  If anyone is interested please download it  https://play.google.com/store/apps/details?id=com.google.android.keep

[TomPluz]

Thanks for this very timely reminder. Now, that Bitcoin and other altcoins are starting to move upward, I am sure that cryptocurrencies can be very valuable as the market is on the pump, so we should be careful that we are not losing access to our digital assets. The best way to secure one's cryptos is always a hard wallet but not all can have this device so the next bet thing to do is to make sure that we are dealing with a reputable platform, so we are not going to experience great loss. Private keys means access and to some extent ownership to our dear cryptocurrencies.

[Mexite]

Private key, mnemonics or seed phrase are the keys that unlock any blockchain wallet. So it is important that anyone guards it jealously unless they want someone else to steal their funds. I personally go the traditional way by writing down my seed phrase. It's safer that way.

[Tnoy30]

All important information should be stored in a safe place. This means that all the necessary passwords and keys to be associated with cryptocurrency should be kept in a safe place. Because if they are lost, they cannot be saved again. The information should not be shared with anyone.

[sergeybobrov]

I always store my private keys on a USB stick and make a copy on an external hard drive.  When copying keys, I always disconnect my computer from the Internet.

[indexx]

By having a private key that I guard well. Indeed, I feel safe because I am sure that my data and assets will not be lost. however, one day if I really want to pass on to my children and grandchildren, maybe I will tell them the private key.

[babu10]

It is very important that you save all your important information and keep it in a safe place. If they disappear There is nothing that you can do about it. Not you share this information with anyone. That way you can stay safe.

Yes, anybody can not open his house for stolen and if he does its his mistake. Same way of private keys. This is very very important keys for your wallet home and if you lost these keys then how you retrieve? Even if you pass your keys to others you also may be sufferer for that . So make always store in a safe place your keys and you will be safe.

thanks.

[masudginanjar]

Do not give the name of your private key or private property to others.
Suppose we have a luxurious house and don't give the key to others because it can be dangerous for our property in the house.

Likewise for cryptocurrency, which until now for the Private Key, don't give it to others because it is the key that can make you rich in the future.

[Ghozrd]

Private keys do need to be stored securely, but if you have a lot of crypto assets I recommend using a cold wallet or paper wallet.
The goal, of course, is to avoid hackers who want to take your private key from your computer or from your flasdish.
However, if you have someone who is truly trustworthy, you can provide the phrase or private key in certain circumstances, for example when we are sick, then we cannot exchange crypto coins and need someone we trust to be able to make these transactions.

[gagah119]

The private key or private phase is important, because it is access to open our wallets, usually I save it on my cellphone and write it on a paper for me to keep.

[highnayem34]

It is very important that you save all your important information and keep it in a safe place. If they disappear There is nothing that you can do about it. Not you share this information with anyone. That way you can stay safe.

I dont know why did u create this topic. Everyone knows about it. It's not the year of 2016. The post should be create in off-topic/wallets section. Its altcoins discussion.

[flyaccount]

All data related to wallets must be properly protected and safeguarded. Because indeed this information is the key to our crypto assets. this makes us have to really focus on taking care of crypto.