Someone asked me why I don’t fall apart when it’s time to file my taxes at the end of the year… I’ve only got one principle right now: don’t wait until December to remember. Every time I transfer funds or exchange coins, I just jot down a line as a habit: the time, the chain, the wallet/exchange platform, what I did (deposit/withdraw/exchange/scoop up airdrops). Then I drop the tx hash and a screenshot from the exchange into the same folder—don’t name it too casually, or you really won’t be able to find it later. Especially recently, those kinds of big on-chain transfers, and any movement between an exchange’s hot and cold wallets, get interpreted as “smart money.” I like the drama too, but what’s really deadly is if you keep hopping back and forth with transfers yourself and your records break. In any case, I’d rather spend an extra 30 seconds right now and lose fewer strands of hair at the end of the year. As for risks-wise, I’m not going to pretend I know everything—different places use different interpretations. I just make sure my own books line up.

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