A New Year's Resolution: Back-up your Crypto shit!

in #crypto7 years ago

A few days ago I had a really bad Crypto scare . . .

It wasn't the price of BTC dropping,
BTC 30.jpg

or getting coins stolen from another one of my wallets like the Coin Pouch Verge hack
(I lost 33,000 XVG back in November!)coinpouch hack.png

Or losing a flash drive with hundreds of Bitcoins you had mined in 2010

It was far worse.!
I had moved all of my crypto account information and wallet keys, for my entire portfolio of 19 coins, off my computer and onto a single flash drive to consolidate and make things more secure. My new security procedure was now I would plug the flash drive in when I needed to access a wallet key or address and then unplug it. I put the flash drive on a big key ring so I wouldn't lose it. I'm usually good about making two copies of everything in case of hard drive failure but I had a false sense of security with the flash drive because I had used flash drives for years without any problems. I did print out a couple of paper wallets but stupidly I didn't think about making a backup of everything until yesterday.

I plugged my flash drive in to access account information so I could login to one of my etherwallets.
It was a new wallet I had just created to store two different ERC20 tokens I had just purchased and transferred from an exchange.

To my horror, the warning you never want to see when you're plugging in an important drive popped up!
Initialize disk.png!

Then I realized the heaviness of my situation. I had backed up a few important things but since I had consolidated to one flash drive I hadn't been diligent with all my new coins or my logins, authentication backups, wallet seeds, word lists and mnemonic phrases. The only place those all were was corrupted. . . I felt really ill and thought about not being able to access a bunch of coins in my portfolio!

After a tense hour of running a few different data recovery apps I was eventually able to get everything back from the flash drive.

This really was a gift.

My new years resolution is to now always make backups, electronic and paper of everything new and keep them in two different places.

My advice to everyone else is back-up your Crypto shit.

Who knows how valuable some of these coins could become in 2018!

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