I just realized recently that the most frustrating part of taxes isn't how much you have to pay, but the year-end process of reviewing transaction records that makes you question your life. My simple method: every time I deposit or withdraw funds, exchange coins, cross chains, or test the testnet, I immediately record a note, take a screenshot + transaction hash + the note at the time (“for points,” “worried about the mainnet issuing tokens first and grabbing a spot,” etc.). Don’t rely on memory to review later; memory will only betray you.



My mom asked me yesterday: Aren't you on the blockchain? Isn't everything recorded publicly? I said, publicly yes, but whether you can connect dozens of addresses, a dozen bridges, and hundreds of swaps is another matter... To put it plainly, don’t treat “possible airdrops” as free rewards; they are all future spreadsheet work. Anyway, I’d rather spend an extra two minutes now than deal with accounting at the end of the year.
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
  • Pinned