Why 95% of crypto investors risk their assets – and how you can do better!
by Marco Biner
Imagine losing everything you’ve worked so hard to build. Not due to bad market decisions, but simply because you didn’t store your seed phrase securely.
What is a seed phrase and why is it so important?
This means:
Tips and Tricks: How Crypto Investors can Safeguard their Seed Phrase.
Avoid storing your seed phrase digitally 🖥️
For Crypto Investors, storing the seed phrase in a digital file may seem practical, but it is incredibly risky. Hackers can access your computer, cloud storage, or smartphone and steal your coins. The safest approach is to store it physically.
Storing only one copy of your seed phrase is extremely risky. What happens if it gets lost or damaged? Always create multiple copies and store them in different secure locations. Consider keeping them in a home safe, with a trusted family member, or in a secure deposit box. However, be cautious: No single location should contain the full seed phrase to minimize the risk of total loss.
Protect it from fire, water, and physical damage 🔥
Many Crypto Investors write their seed phrase on paper. This is better than digital storage, but paper can burn, get wet, and become damaged. Therefore, use durable materials like stainless steel to securely and permanently protect your seed phrase.
- Our recommendation: The Golden Seed Steelwallet – An extremely resistant storage medium made of stainless steel. It reliably protects your Seed Phrase from fire, water and other environmental influences. Ngraving instead of writing ensures that your important information remains protected long-term, even in harsh conditions.
Do not use obvious hiding places 🧩
Don’t hide your Seed Phrase in typical places like under the mattress, in a book on the shelf or in the drawer with “important things”. The best hiding places are unexpected places that remain easily accessible. A few creative ideas: In a hidden compartment of a piece of furniture, in a fake wall clock, or in an opaque, labeled container in a toolbox.
Use robust and tested security products.
The Golden Seed Steelwallet offers not only protection, but also an aesthetic and discreet storage option to keep your Seed Phrase safe. It is fireproof up to 1450°C and can withstand even the most extreme conditions.
Common mistakes in seed phrase storage – and how Crypto Investors can avoid them.
- Paper under pillow: Too obvious and easily accessible.
- Digital photos of the seed phrase: A photo on your smartphone may look handy, but it is an extremely high security risk as many apps can have access to your gallery.
- No backup: Always make sure you have a second, if not a third, copy of your seed phrase in case one is lost.
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