Step 2: Get Paper Notebooks 📚
Next, you’ll need to get paper notepads/books. You will need at least 3. You’ll use your paper notebooks to record and store all your passwords, username, recovery codes, login credentials and other sensitive information about your crypto-wallets, exchanges, emails, and detailed instructions on how to access or retrieve your cryptocurrencies. Make it simple and easy to understand. Ensure your handwriting is legible and easy to read.
Step 2a: Never Store Your Password & Username Online
It’s important to never store your passwords, username, or login credentials online with a password manager on your phone, laptop, tablet, computer or any device connected to the internet. You need to go super duper old school here.
Remember you’re your own bank and you need to put adequate safe measures in place to prevent hackers gaining access to your digital wealth.
Step 2b: Store Notepads in Different Locations
Store your paper notepads in different locations in case your house or one of the locations is affected by water, flood, fire, hurricane or natural disaster.
You can have at least one of the notepads stored in a safety deposit box at your local bank. It’s usually less than $100 annually.
Step 2c: Fill Out Your Contact Details
Remember to fill out the first page of the notebook with your full name, address, email, essentially your contact details in case you lose the notepad.
Also fill out the “in case of loss: please return to. Ensure to fill in the reward part to incentivize someone to return to you.