I've been trying to get into journaling my crypto trades, mainly just spot buys on $BTC and $ETH when I see a dip, nothing major. I understand the concept for active traders, but for someone just building a long-term position with small, infrequent buys, what details are actually useful to track? It feels like overkill sometimes, and I'm struggling to see the benefit beyond just a transaction log.
Starting to feel like every time I get my ducks in a row for a new prop firm or offshore broker to diversify, the goalposts for KYB just pick up and move. It's not the paperwork itself, I get that due diligence is crucial, especially in this climate. But the inconsistency from one outfit to another, or even the same outfit changing requirements within a few months, is truly something.
Just spent a solid week getting all my corporate docs translated and apostilled for a prop firm I'd been eyeing, only to have them come back saying they now need a utility bill in the corporate name for an entity that operates entirely paperless. I mean, where do they even find these requirements? It feels less like risk management and more like a bizarre scavenger hunt. Anyone else hitting similar walls, or found a way to streamline this circus act? It's burning through more time than actual market analysis these days.