I have hundreds of transactions on a couple different exchanges from DCAs (don't worry I move it over to cold storage). I haven't sold any bitcoin yet, but I was wondering how I would determine the cost basis in the event that I wanted to sell a portion of my stack. Was hoping to learn through other people's experiences - here are the questions I have and feel free to add on any advice/tips. Thank you!

1. Do people keep manual spreadsheets of all their transactions with different exchanges?
   
2. Do you determine the overall cost basis of your stack and use that for the portion you sell? Do you use LIFO, FIFO, Special Identification, something else?
   
3. Once you sell a portion of your stack, how do you redetermine your cost basis accurately?

Bitcoins price is the same as a year ago. 1 year ago strategy owned 190k. Now they own 500k more than that. If you’re letting your coins go, you’re just giving it to the institutions. Hodl.

Hi everyone,

I just got into investing in BTC last year (better late than never) and have been DCA weekly for a few months now. I'm in Canada and some popular exchanges like Binance are not available here, so I am using Kraken. My question is this good, short-term, how about long term? I've heard phrases like cold wallet and cold storage thrown around, is that a safer and cheaper way to buy BTC, and should I get into it?

I also contribute regularly into my RRSP/DPSP which is like 401k, and a tax free savings account (TFSA) so it's not like I'm putting all my eggs into 1 basket. But if I had 10k just sitting in my savings account, do you suggest I invest in BTC (fully or partially) with it right now?

Would greatly appreciate any advice, thanks.