The Investor's Policy Statement

An investor policy statement gives you some rules around how much risk you can afford and what you're going to do if the market does certain things. It could be a good tool that you sit down and figure out, how am i going to react to x, y cenario like r u along term investement. Some people in the crypto space change positions about five times a minuter,. You know, five times a day, large positions, maybe in some case. What are the tax implications of that? And so, you know, are you a day trader, or are you a long term investor?