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What the few who last actually do

• Use registered platforms only

  Offshore sites that offer leverage to Canadians are breaking the rules, and some have been banned.

• Keep most coins in their own wallet

  Platforms have collapsed with customer money inside.

• Keep tax records from day one

  Hundreds of trades without records means a painful tax season.

• Ignore hype

  A coin trending on social media is often being sold by the people promoting it.

• Have other income

  Many successful traders also build, write, code or work in the industry.