Getting a hardware wallet is a great first step to ensure your crypto's security, but don't waste it with weak seed phrase protection. When it comes to storing your private key, make sure you don't follow these examples.
the seed phrase on pages 100 to 112 of a Harry Potter text. Which one of the eight or more books Harry Potter books is anyone’s guess. Fortunately, there are now nifty ways to memorize a seed phrase. MTC, a Bitcoin educator whoBut, what do the experts have to say about seed phrases? Chris Brooks, founder of cryptocurrency recovery business Crypto Asset Recovery, told Cointelegraph that in his experience, human error can eradicate wealth.
The Brooks family behind Crypto Asset Recovery operated a “seasonal business,” as in every bull market, such as in 2017 and 2021, the crypto crackers are called upon by crypto enthusiasts who have forgotten their passwords or lost their seed phrases. At one point in 2021, they told Cointelegraph they had up to 150 customer calls in a day.
“So generally speaking, our security tips are pretty basic. Get a $30 safe off Amazon or, you know, build a little wooden box that’s easily identifiable as a place for secure documents and just store your seed phrases there.” They suggest putting anything important into that box. That way, whenever “you’re doing spring cleaning or when you’re moving houses, you’re not going to throw it out. You’re not going to shred the paper or something like that.”However, because it’s crypto, those of a physical persuasion may be more inspired to store their seed phrases in some even more creative storage “boxes.” Bitcoin advocate, onthebrinkie 3D printed an adult toy suitable for an OpenDime or a seed phrase to be hidden away.
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