My Fear of losing All BCH in just a matter of time

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Avatar for Idksamad7869
3 years ago

Greetings!

I hope everyone is fine and having a good and productive day.

Don't know why but this fear of mine is from when i joined BCH community and still sometimes i got scared of losing BCH in just matter of time

Imagine I'm holding and making BCH from past 6months and then loss all of them in seconds will surely gonna hurt and broke person from inside.

So today it's more like imaginary stuff or fear which is in my mind from start till now and it's not leaving me.

Also a surprise is waiting ahead so it will be fun and worth reading so without waiting let's get started with from where it started.

I feel scared from beginning

From beginning till now still this fear is inside me and i don't know why it's like this but it started when i joined a 6month back and i was not much confident and knowledge regarding BCH was zero at the moment.

So there was a moment which i cant forget ever in my life and it's now become my one of best memories in BCH platform.

So wondering what was the moment?

The moment when i was most scared of losing BCH

I don't know if i shared this before but let me start when i was most scared of losing my BCH and that time it was one of my biggest mistake and decision i took coz of fear was my regret.

It was my first month in noise cash and was still confused and i was not getting too much like how i everyone met first time with new things.

So one day i woke up opened my wallet and i saw 35$ at that time i didn't focused on BCH and i was unaware with it.

If i talk about BCH value then it was 0.095bch and its price was 390$.

I was scared because of from where i got bch in my wallet

And at that time i got that BCH from mythhunter tokens I've 10,000 tokens and that time i got my reward as BCH and then i distributed my tokens in noise cash and here as well and still I've left some of them.

440 left

Still have some of them which is 1% only so it's just a decoration peace or a memory with these tokens and don't know we'll see it's upcoming version or not.

Fear started now

As i said i was unaware from where i got so at that time only thing going in my mind was someone mistakenly sent BCH to my address and before he go for refund or i loss BCH let's convert it.

This was the moment when i was most scared ever and also happy as well.

And don't judge me from this it was first time I've ever seen 0.095bch and i was scared of losing it and confused from where i got.

Not only this i didn't saw I've tokens in my wallet at that time but later when i realized it's too late for me now.

Dumbest move in fear of losing BCH

It was dumbest move ever by someone who was thinking someone will refund BCH like seriously if it's possible then it's value was nothing

But luckily I'm way ahead and learned many things.

So the dumbest move of mine was i converted my BCH into fiat and when i sent my BCH to exchange it become from 35 to 40$ and i was like what is this and how it is possible.

But at that time i got more scared and then i converted into fiat when BCH was at 400$.

So in conclusion i was most scared of losing BCH and it was because i was thinking someone will refund BCH and he'll got his amount back

And when BCH price moved from 390$ to 400 not exactly but from 35$ worth BCH to 40$.

Time by time my fear increased

Now I've much knowledge about BCH but still a noob and too much mistakes then i heard about seed phrase.

I first time got to knew about seed phrase by @TelesforArticle and my fear got increased when one of my friend lost her 20$.

This all happened i took some decisions and slowly by slowly it was gone but then it's comeback was waiting.

Friend lost 20$ BCH

So she lost her 20$worth BCH a long way back and she saved seed phrase somewhere else but in meantime it was not there or she was totally hopeless

At that time i also talk with bitcoin.com wallet and got to know more importance about seed phrase.

But unluckily it's not possible getting her amount back without seed phrase so it increased my fear as well.

She got her amount back after a long time when she checked laptop carefully and seed phrase was there.

In fear of losing BCH i took this decision

First after knowing importance of seed phrase my heart was beating 2x and i only took screenshot of seed phrase and QR then i was like all done

It's no need to worry about losing BCH anymore but after few days when i checked it wasn't there or coz of too much screenshot it was difficult to find.

Too much things

So this step was lower level thing i did and will not suggest anyone to take only screenshot.

Places where i saved my seed phrase

Then i got more knowledge and i was more scared or the person who don't wanna take any risk.

So i stored my seed phrase in many places to not loss BCH and things where i saved is kinda abnormal when you'll know i saved in multiple places not only once.

I saved my seed phrase of BCH wallet in mobile

First thing it's in my mobile and I don't feel comfortable coz I don't know what will happened in future like my mobile got disabled or anything bad happended but first let me tell where i saved my seeds.

All phrases

First place is notepad which is in my mobile and no one can use it so it's one of best

Then my second choice is screenshot of these all and also qr images screenshot to not feel scared of losing anything.

Place where i saved my seed phrase in my house

This is safest thing i found in my house to save seed phras of my all kinds of wallet and yes if you guessed a notebook then you're right

Seed phrase in practical notebook

Yes it's the safest place i found coz my little brothers will not going to touch this and no one will ever touch this notebook so i stored my all kind of information here to feel comfortable.

Closing thoughts

It's not about fear it's me who is implementing such things to avoid anything bad happen in future and break me from inside so always be ready for everything

And until you are not comfortable keep taking decision also those who are lazy to do this one thing i wanna tell till then when i didn't wrote my seed phrase in notebook it was in my mind and it keeps reminding me every time and i got depressed for a while but when i implemented from then till now it's been more than 3months now and I'm more comfortable and beat my own fear of losing BCH.

Let me know who got it

Also I'm the person who have multiple things so i always forgot password things but i always be careful and plane everything in time.

So this is my suggestions for everyone to be careful and save seed phrase somewhere which give you comfort and don't tell anyone.

Fin.

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3 years ago

Comments

Mine was just written on my notebook. I have a bunch of wallet and because of that I have to write all of them. And I'm just happy to do it because it's still for my wallets safety.

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3 years ago

Us! But i wrote in multiple places and I've less wallets coz I'm not much into crypto other than BCH

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3 years ago

I am also scared of losing my BCH lol and everytime when I look to my BCH wallet in bitcoin.com, I am hurt because I have a lot of loss funds and I am not sure when will it will be back so, I decided not to look to it anymore. I copy my wallet address and paste in on my notes app so that I will just copy and paste it when I will send my BCH from rusty hEre to my wallet without looking it. HAHAHA this past few days I never seen bitcoin.com color green and all I always see is red flag Hahaha

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3 years ago

Indeed same thing but I'm still opening wallet again and again coz it's normal for me now i saw BCH fall from 1200$ to 400$ and I can't expect more loss coz my focus is on bch hehe by the way your strategy is also good

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3 years ago

As a way of securing my BCH, I saved my seed phrase to a word document and I encrypted it (I put a password) so when someone had an access to it, he/she can't open it easily. I already wrote my seed phrases on a notepad so incase the file was gone, I still have the copy hahaha

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3 years ago

Haha I don't have this idea before so it's mean you're more secure than me but good to know at least i saw someone with unique thing

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3 years ago

As securing my seed phase, I do the screenshot thing, and wrote it down my note pad..hihi.. Thanks for sharing this one sir.. Anyways... You're still doing great earning much BCH..👏👏👏 Just... WOW!😲

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3 years ago

Thank you ,,,,you choose a good way...... it's just hard work I'm getting whatever am i but thank you so much⊂(◉‿◉)つ

$ 0.10
3 years ago

You're welcome..☺️

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3 years ago

so your phone can still access or detect your seed phrase that you screenshot? oh geezz. i might have written it down and now i'm doing it.

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3 years ago

Yes....will suggest you to write is somewhere safe place

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3 years ago

This article made me secure my seed phrase in my safest place 😅

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3 years ago

That's what i really wanna hear and glad to know you did it!

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3 years ago

So these seed phrase you just revealed here are on purpose, right? It gave me a scare. Like, please don't just show the seed phrase like this. Then, I realize, maybe you are very aware about it. LOL

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3 years ago

Haha i created new wallet and added some BCH there so someone who got it will tell me in comment but he's not revealing his self also I'm not that dumb now

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3 years ago

Hahaha! I lost some $ being a dumb noob too.

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3 years ago

We both are same as much as I'll try not to do any dumb thing but sadly it always happen and also lost many $ we noob

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3 years ago

Haha I assume you have taken the coins elsewhere before posting screenshot. That being said, I have reduced a lot of my coins portfolio to focus on few and then forget the rest. I have lost few coins while transfering or while sending to wrong address. And often a lot of variables keep on getting my portfolio down.

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3 years ago

I'm lucky in this thing coz i didn't send any coin on wrong address and lost but in many others way i lost many things which is why my portfolio is down

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3 years ago

Don't tell me you took the screenshot of your seed phrase and post it here? Don't do that. You need to delete it. It can be used to wipe off all your money in your wallet.

Also, to avoid been scared of things like this, we must try to keep our seed phrases in a very safe place.

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3 years ago

I posted it for other peoples to grab some BCH but i don't think anyone who got it and told me in comments you can try it as well.

Indeed i already saved in safest place(。•̀ᴗ-)✧

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3 years ago

Oh btw me too don't know the seed words i took screenshots but i lost them . I was thinking to get new when i have nothing in my wallet. Is this possible?

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3 years ago

I didn't understand what you really want....

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3 years ago

My seed words lost 😅 what should i do ?

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3 years ago

There's no way to get it back make new wallet and save them in secure place

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3 years ago

You've taken the right decision saving it in various mobiles. I think I will wrote it in my diary too.

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3 years ago

Thanks....yeah will suggest you to choose safest place first

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3 years ago

There are too many wallets for different crypto that it's difficult to keep tab. Totally understand your fear, because I am also faced with the same problem.

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3 years ago

Hope you found your comfort like how i found mine◉‿◉ and thank you

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3 years ago

I've written mind down in a notebook too.

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3 years ago

I also made few mistakes when i started but we all learn few months down the lane. I imported the wallet by the way. Thanks a lot

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3 years ago

Thank you and indeed we all learned from mistakes and good to know you imported yours

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3 years ago

Hehe I have fears too yay haha! So I checked it from time to time 😆

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3 years ago

Us things! Just save or write them somewhere Which is safe

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3 years ago

Always make multiple copies, soft, and hard, or send to your emails, etc. The screenshot is not safe, coz others might scan your gallery and steal your photos

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3 years ago

I'll go for copy and this email thing now it was not in my mind thank you so much(✿^‿^)

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3 years ago

But of course. Make sure that your email is safe too 😂

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3 years ago

Haha it's safest thing and best option(人´∀`)。゚+

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3 years ago

Omg I don't know that seedphrase is so important. I just screenshot it and saved in my phone. Oh my. I should've know better. I should write this so anything will not go wrong.

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3 years ago

Thank god you know this know it's most important thing and go for it write it down somewhere safe place

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3 years ago

Will surely do. Thanks! Have great night.

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3 years ago

You are having this emotion just because you are not yet expert with crypto .. BCH is not the only crypto and bitcoin.com is not the only wallet to store you crypto .. But still confused what to write man . anyway, keep learning ...

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3 years ago

BCH is not the only crypto and bitcoin.com is not the only wallet to store you crypto

But for almost all cryptos (maybe even for all) and for each non custodial wallet you need the seed phrase. This is not Bitcoin Cash and Bitcoin.com specific.

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3 years ago

i did not meant that actually .. i wanted to mean there has no worry about any coin if it keep stored in wallet .. especially this is about non custodial wallet then more secure .. and custodial wallet such as exchange wallet also no worry if the exchange top rated in coinmarketcap chart or something else ..

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3 years ago

and custodial wallet such as exchange wallet also no worry if the exchange top rated in coinmarketcap chart or something else ..

Many custodian wallets on exchanges have already been attacked by hackers and coins stolen...

It's not for nothing that they say: not your keys, not your coins.

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3 years ago

not worry does not mean for long time .. but for a certain season or some thing like that when this is necessary to keep coin on exchange wallet .. yes, nothing still above than key based wallet

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3 years ago

not worry does not mean for long time ..

It's enough that you sent your cryptos to such a wallet a few minutes before the hacker attack, then they are gone. You never know when a hacker attack will happen. It can happen any minute.

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3 years ago

this is deep think then and if every crypto user think this or feel fear like this then they should use already swap or DEX all the time rather hen cex

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3 years ago

I use only sideshift.ai, on principle.

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3 years ago

what is that againi?

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3 years ago

Try it out.

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3 years ago

sideshift.ai

kinda look something shit

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3 years ago

I don't know shit . Do you need KYC to use it?

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3 years ago

I am not going to use it mam

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3 years ago

LoL i know BCH is not only crypto read it carefully then you'll know what I've written and also i know bitcoin.com is not only the wallet. anyways I don't know why you thought this.

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3 years ago

You have written everything correctly. Keep in mind that besides the seed phrase, the derivation path also plays a role.

https://read.cash/@Telesfor/what-is-derivation-path-and-why-i-need-it-c652b5ef

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3 years ago

I also read it a long way back and tried many time to create electron cash wallet but after storing bitcoin.com wallet seeds in electron it doesn't show any data so I'm still learning this derivation thing

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3 years ago

You always mentioned and keep mentioned BCH this is why told that .. anyway, there has no worry about any coin if its available in your wallet unless it do not get hacked .. but fear available only in exchange wallet because they can stuck your coin or lock it due to their rule break .. that is another matter .. leave it!

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3 years ago

Ah bruh it's a proper story if you'll read carefully then you'll know what I'm trying to say but anyways leave it.

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3 years ago

true i have read your article but were confused still what you wanted to mean actually 😂.. Never mind bro .. Cheers!

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3 years ago

I think it's not a good idea to screenshot your seed phrase and store it on your mobile phone because some apps may still be able to access it. If you have a printer, it's also good to print them out and store them in a vault or something :)

But seeing you have written them in a notebook is okay :) Just keep it safe, away from water, fire, and thieves :D

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3 years ago

I don't have too much apps in mobile but your idea is pretty awesome will do this thing as well.

And yeah it's way far saved from these things hehe

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3 years ago

Ahh, your assets are safe then :)

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3 years ago