How to Handle Bitcoin Taxes with Dollar-Cost Averaging

I’ve got 5 bitcoins that I bought over the last 5 years using dollar-cost averaging. If I sell them, how do I tell the IRS which ones are short term and which are long term for capital gains? Is there any crypto tax software that can help with this? I’m in the US, by the way.

If you were into mining, it's all income, treat it like business earnings. But hey, remember you can deduct expenses to lower that income. For traders, it’s like selling stocks. You typically go with FIFO, but LIFO is also on the table. Just saying, it gets tricky.

Honestly, best bet is to chat with a tax pro who knows the local rules. Random advice online can lead you the wrong way. Everyone's situation is different, so don't just trust any random poster.