I used to think that reporting this was simply a matter of exporting the exchange’s transaction flow at the end of the year—it’s that simple. As a beginner, I felt like, “After all, everything on-chain is public.” But now I understand this: yes, it’s public—but if you don’t leave notes for things like “why I transferred,” “from where to where,” and “what the valuation was at the time,” facing a pile of addresses and cross-chain records at year-end will really drive you crazy.

My current, somewhat clumsy approach is this: every time I make a large transfer or exchange tokens, I quickly save a screenshot plus the tx link, and I write two lines of notes (the purpose, and the counterparty/protocol). I also have the exchange export a CSV monthly and drop it into my cloud drive. Lately, everyone has been talking about the selling pressure from staking unlocks and the token unlock calendar—yet my first reaction is: don’t just stare at the price. If, on the unlock day, you accidentally place a few trades, incomplete records will be even more of a nightmare… I trust the process, but in the end it’s the execution details that save you. That’s it for now.