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Is a passphrase enough to store your coins? (alien.top)

submitted 10 months ago by ashketchup422@alien.top to c/ethereum@blockchained.world

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I always read about public keys,private keys and speedphrases that you need to store them in a paper wallet or hardware wallet. The only thing I ever stored are the passphrases (those 12 or 24 words) I get from metamask or other wallet provider in the beginning of creating a wallet. Is this enough when I write them down and secure them?

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[–] Mx_Nx@alien.top 1 points 10 months ago (1 children)

Seriously, buy a Trezor or Ledger. If you are dealing with any serious sum of money stop right in your tracks and do your research. And yes, keep copies of your seed phrases but don't do it on paper, get them etched into metal and stored in a SECURE place, can't emphasize that enough.

[–] Juankestein@alien.top 1 points 10 months ago

I sell stainless steel plates: https://cryptonumeris.com

I always am surprised by why people oppose to HW wallets, they are less than $100 and they're pretty much impossible to "hack".

If your investment is +10k and you don't have a HW wallet you're walking on thin ice.