One of the most common reasons Bitcoin is lost is due to poor backup practices. Here’s why you must back up and how to do it properly:
1. What to Back Up:
Your seed phrase (12/24 words)
Your wallet.dat file (for desktop wallets)
Your password (if encryption is enabled)
2. How to Back It Up:
Write it on paper and store it in multiple locations
Use metal seed storage for fire/waterproofing
Encrypt backups stored on USB drives
3. Test Your Backups: Try restoring from your backup to a clean wallet app to ensure everything works.
📌 Losing access is permanent in crypto. Backups are your only lifeline.

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