this post was submitted on 17 Nov 2023
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I have a significant amount of ETH in a Ledger wallet. I store the wallet, along with the phrase words, in a safe in my house. I know it’s extremely dangerous to store the Ledger and the words together but I’m really at a loss as to the best way to secure these things. I’m not an active trader so I don’t need easy access to the Ledger. I used to store the ETH on Gemini but got nervous with the Earn debacle and took them off. I’m worried I’m no safer now than on Gemini. Any suggestions?

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[–] Slater_John@alien.top 1 points 10 months ago (4 children)

25th word stored in an offsite location or in your head.

[–] Richy060688@alien.top 1 points 10 months ago

Yes this is what i do. Store the physical 24 seeds into a physical safe. Then create a paraphrase (25th word) and store it else where. Im ocd and paranoid so I will never lose this. If u dont have that responsibility sense, i dont recc doing cause if u lose 1 of them youre fucked.

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