Some people buy small quantity of BTC with each bi-weekly paycheck to hold… or sell months later. Some day trade.
Wether a person is required to pay a short term or long term capital gains tax, it is extremely necessary to stay organized and to keep track of what amounts were purchased and when they were purchased.
So… what are some of your best tips and tricks to keep BTC purchases organized for future sales… excel spreadsheets, word documents, handwritten and stored in a filing cabinet, hot & cold wallets, etc.?