Recently, I've seen a bunch of people using ETF fund flows and U.S. stock market risk appetite to explain crypto price movements, which sounds pretty lively, but I'm more worried about the end-of-year tax reporting suddenly "being unable to explain my trades." So my current habit is pretty simple: every time I transfer funds or exchange coins, I casually save the transaction hash, time, counterparty address, and a screenshot into the same folder. Exchanges regularly export transaction records and deposit/withdrawal records, so I don't wait until I change phones or emails to remember to look for them. (I'll add them at the end of the year; I really want to bury myself.) If I have multiple on-chain wallets, I give each address a note: this is a cold wallet, this is for airdrops, this is testing DeFi... Anyway, I don't pursue a perfect ledger, just want to be able to clarify every transaction when the time comes, which keeps my mindset much more stable. Not moving in a bear market is stable, but if I do move, I want the records to be solid first.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments