Crypto Cafe · by Arif Hasan · 2026-09-10

Memecoin profit, then tax panic, then disaster

Last spring I turned a stupidly small memecoin bet into enough to feel smug for about 48 hours. Then I overtraded the profits into two even worse memes, spent a week trying to estimate taxes in a notebook like a Victorian accountant, and ended up below where I started. Incredible hobby.

8 sparks · 5 comments

Comments

Jack Taylor · 7 likes

This is why I cash out chunks when the number gets silly. Future me is not trustworthy.

Yui Tanaka · 4 likes

Victorian accountant made me laugh because same. I had three wallets, six swaps, and tears.

Liam Wilson · 2 likes

Memecoin gains are like finding money in a parking lot. If you start planning a life around it youre cooked.

Maja Wiśniewska · 1 likes

Crypto taxes are the part nobody explains in the 'bro i made 9x' posts.

Arif Hasan · 0 likes

The tax notebook is sitting on my desk right now lol