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

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Avatar for Idksamad7869
Written by   311
2 months 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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Written by   311
2 months ago
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Comments

I saved mine through my personal notebook and a password manager app called "Bitwarden". I don't suggest that the seed phrases will be put in a Notes app, or just anywhere in the phone cause it is somehow risky.

$ 0.00
1 month ago

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

$ 0.00
2 months ago

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

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2 months 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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2 months 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.

$ 0.00
2 months 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 ..

$ 0.00
2 months 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.

$ 0.00
2 months 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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2 months 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.

$ 0.00
2 months 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

$ 0.00
2 months ago

I use only sideshift.ai, on principle.

$ 0.00
2 months ago

what is that againi?

$ 0.00
2 months ago

Try it out.

$ 0.00
2 months ago

sideshift.ai

kinda look something shit

$ 0.00
2 months ago

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

$ 0.00
2 months ago

I am not going to use it mam

$ 0.00
2 months 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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2 months 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

$ 0.00
2 months 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

$ 0.00
2 months 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!

$ 0.00
2 months 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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2 months 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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2 months 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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2 months 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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2 months ago

Will surely do. Thanks! Have great night.

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2 months 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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2 months 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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2 months ago

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

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2 months ago

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

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2 months ago

Yup i also have that type of fear and that's why i didn't use bitcoin.com wallet🙊 and our this fear is just because of possessiveness about Bitcoincash 💚

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2 months ago

It's nothing like that to not use bitcoin.com wallet it's pretty safe and better option for me anyways indeed BCH is love

$ 0.00
2 months ago

Yeah in these days i installed it and try to use it on regular basis...

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2 months ago

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

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2 months ago

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

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2 months 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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2 months ago

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

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2 months 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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2 months ago

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

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2 months ago

I've written mind down in a notebook too.

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2 months 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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2 months ago

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

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2 months ago

My seed words lost 😅 what should i do ?

$ 0.00
2 months ago

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