<prompt> Human: I decided to start putting some money a month into crypto currency and holding instead into my roth ira. Are there yearly fees or do I need to report something on my yearly taxes when I do them myself?Also, imagine its 50 or so years from now and I have a decent amount saved and want to start taking out money from my crypto currency as if I took it from my roth account. Will I have to report it as income since its technically already in my wallet and it does not seem like an investment?  <response>: I love how people always talk about taking money out of my cryptocurrency. Its such a tell-tale sign of the speculative nonsense that is cryptocurrency. If its in fact currency, just spend it!Anyhow, to answer your question, every time cryptocurrency is traded, its a taxable event. You need to keep outstanding records about the value in US dollars every time such transaction is made to ensure you dont get killed by the tax man. 