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I tried once, and by the end of the year, I really messed myself up... I used to think that since it was all stablecoins for hedging back and forth, with high turnover but small fluctuations, I didn't bother to manage it.
As a result, when I needed to report or reconcile, I found myself running back and forth between exchanges, on-chain, and various wallets—missing a record felt like missing a puzzle piece, and fixing it only became more annoying.
Now I’m pretty simple: every time I transfer or open/close a position, I just casually take a screenshot + Tx hash and drop it into a folder, naming the file clearly with “date-platform-purpose,” then use a spreadsheet to record three columns: time, amount, and notes (like “moved from cold wallet to exchange”).
Recently, since people are always watching on-chain large transfers and hot/cold wallet movements for smart money, I also mark those “watching the excitement and being nosy” transactions in red, so I don’t have to explain them later.
Anyway, if you’re earning slow money, don’t dig yourself a hole—anything that reduces frustration is a win.