Digital era has a huge impact to the lives of many people. Our life is getting easier day by day due to the new technologies that the inventors created to sustain the needs of the old system. This will include the funds storing that turned into high level from old ways to digital ways.
The safety of our funds is now depending on our finger tips due to the evolution of funds storing in this new era. The uniqueness and conviniencies it may brings to our lives and financial lives. Yet behind of these, there are possibilities that these good things that it can gave to us is the possible consequences.
In new advance technologies, storing of our funds is now easier due to the encrypting system for a secured fund storing just like we have now in crypto space specifically in storing Bitcoin Cash.
Bitcoin Cash holders and earners has the most secured wallet called 'public keys' where you can use to receive funds and the 'private keys' where you can use to access your funds also known as the seed phrases or mnemonic seed or mnemonic phrase.
Among these two keys, seed phrases are the most crucial things to keep due to the fact that it may affect your funds, it can give control to the other people of they got access to it, and possible lost of your funds.
Our seed phrases and/or mnemonic phrases are indeed necessary to be stored securely. So how can we store it? Where to store?. Well, this blog will give you some sort of ideas on where to store them to a avoid unwanted lost of our funds.
Before that , find your private key first!
Steps
Go the three lines and click it.
In the options, find and click 'Back Up My Wallet'.
After the loading, find and click 'Show Your Seed Phrases'
After you clicked it, this page will show and copy or take a screenshot of all the words inside that box. That's your private key.
Ideas On Where to Store Them
#1 Write It On A Paper
This is the number most recommended storage for our seed phrases. Did you noticed? In every registration to a crypto wallets like Metamask or Trust wallet for instance, there are always reminders that we should write down our seed phrases for the securities of our wallet .
Writing it on a paper can give you the 100% safeness that you're wallet is can be easily recovered or access by you anytime and anywhere. So, what are your waiting for? Go and write all your seed phrases immediately.
#2 Store It On Your Mind
Some people are gifted to have sharp mind where they can easily memorized or store information in their mind. This is one of the most safeties way to store your seed phrase. Why? You can easily call up your seed phrases cause it's all stored in your mind right? Well ,this recommended if you have only one or two? wallets. The thing is just like memorising you're crush's mobile numbers lol.
3#Post It On Your Social Media Accounts(Only Me Option)
This one is my favourite method of storing my private keys since I'm a forgetful kind of person. This is one of my great choice since SocMed like Facebook has one of the secured system but yeah, just make sure that your accounts are also safe from possible h*ck* and make sure all securities like authentication is activated. This kinda optional.
#4 Send It To Your Active Emails
One of my best choice to store my seed phrases is to sent them in all of my email accounts. Google has the most safe and secured system also to store all your necessary things. Just make sure that all you're email accounts are accessible and all the securities are activated.
How to store? Make a copy of it or make a file (docs or pdf) or just take a picture of the QR Code version of it and send it to your emails.
#5. Store It On Your Devices
The most common thing we are always doing when storing our important things. Usually we are just taking a screenshots of it and save. But there are possibilities that our devices may lost or damaged. So it's better to store it in all your devices(laptops, smart phones etc). Or use the above choices for cloud storing.
Last Option
Divide them into tree parts before storing anywhere
This might be the best option before you started to store your seed phrases anywhere. It's is recommended to divide all your seed phrases before storing it. For instance, our seeds are composed of 24 words, we should divided them into 3. Basically, divided into 8 words.each set. You can write it into A. For the first 8 letters, B. For the second 8 letters or second set , and C. For the last set. In this way, you are the only one who has the idea on what and how to use those set of words. It can surely give puzzlement to the intruders in case they can access all your storage.
Closing Thoughts
These are just ideas on where to store our seed phrases since they are the most important things of our funds. The others are just options and of course the last decisions is all yours. Be Responsible! Be Wise!
Thank you for reading 💚
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