Interview with: Crypto Accountant



By Mounia Rabhi

Ever wonder why someone with a decent job who advises and audits multi-million dollar companies, who has written several books and articles about how to manage your assets,  chooses to take part in the Crypto business? Then check out our latest interview with Crypto Accountant. You will be amazed at how thrilling paying your taxes can be!

For those who never heard of you, who is the Crypto Accountant?

First of all, I am an cryptocurrency investor and enthusiast, with a financial background.

In terms of enthusiasm and interest, the financial side is really on the background for me – and block chain and crypto are things I enjoy the most. I advise individuals and companies within this industry. The things I do vary from keeping records because clients prefer to have the administration done safely and as anonymously as possible up to and including advising a project regarding (corporate) governance, financial management and financial risk management. And all those things in between.

Next to that, I also advise individuals on taxation, cash- and liquidity management and asset management. Finally I like writing. I write an informative article about every two to three weeks and I have already written two informational books.

We have been told that you bought your first Crypto in 2017, can you walk us through to that moment?

Ethereum was my very first cryptocurrency investment. From my work, I came across a client who does asset management. There, a group of young traditional asset managers had invested in “Ethereum”. I then investigated and came to the conclusion that this is something I also wanted to invest in. So I did.

What line of work do you do when not trading or investing into Cryptocurrencies?

I am a financial auditor. In Large companies, think of 10 + million turnover per year, the shareholder is often not involved in the daily management. In addition, there are many other shareholders AND non-shareholders who have an interest in this company in addition to the primary shareholder. Think of employees, customers and the general public. We audit the management and the financial figures that they account for on behalf of the shareholders, other stakeholders and the public interest. We check whether laws and regulations are being complied with, whether fraud has been committed, whether risk management is adequate and whether sufficient internal controls have been implemented. We also check the accuracy and completeness of represented financial figures in the annual accounts.

Is there something else besides Crypto that you like to pursue in your spare time?

I sport every week, occasionally play a game and I like good series and films. I also love good food, nice things and traveling.

In what way has Crypto influenced the direction of your personal and professional life?

I have met many cool people in this industry. These are people I have daily contact with. They are still early friendships that are no longer than 2 years old, but I can well imagine that they are friendships for life. In addition, the investments in cryptocurrency and the clients that I serve have an important role in my life and my daily activities.

You told followers on Twitter about the importance of having a Money Management Strategy when investing into Crypto. Could you tell us more about this?

In our field we say profit is an opinion. Cash is a fact. Many people now have much less liquidity than they should have, when looking at their possible profit. This is because the investor did not have a good plan of approach in advance. I also help my clients with this. Cash is important for enjoying better investment opportunities (such as altcoins in 2019) and is used to make mandatory payments such as taxes.

From my understanding, you have written a taxation e- book for the Dutch Crypto Community. Could you briefly expand on how the Dutch Cryptocurrency Tax regulations look like?

In the Netherlands you pay tax over your assets. So not about what you cash out or what you have earned. Every year you file a tax report and you report the size of your assets on January 1, you pay taxes over this amount. Cryptocurrency is a part of your assets.

Many Crypto investors and traders think that Cryptocurrencies are untraceable for the Government, but that is not the case. Why is it important to file your Cryptocurrency taxes and are there clear guidelines for it?

Every exchange that has a fiat gateway must comply with the guidelines set by the regulator in that country. This means that they are also obliged to provide your KYC information to third parties such as the tax authorities. The moment you are completely in cryptocurrency, it can possibly be difficult for governments or institutions to gain insight into your assets. But if you ever go back to normal money/fiat transactions, you are fully traceable again. If they then discover that you have not reported (everything), you may be suspected of a criminal offense.

What are your must-go-to sources when it comes to information and news gathering? Do you have a certain routine that you like to stick to?

Unfortunately, I don’t really have time for that. I am surrounded by people who enjoy reading and keeping up with news. I am in the company of these people, they now know me well enough so that they know what interests me and what does not. So they share that information with me and I obtain this information. In return, I help them with other things. We all need to do what we are good at.


Many people feel that it is important to keep an eye out on more markets than the Crypto Market alone. Do you have some tips for our readers who are planning to diversify their investments?

Many of us know the pyramid made famous by Cobain. This is the pyramid which states that you must invest 50% + of your crypto investments in Bitcoin, another x% in less volatile large coins such as Ethereum and only a small part of your portfolio in shitcoins or trade with it.

The cryptocurrency pyramid represents approximately 50% for clients of the crypto accountant – depending on where you stand in your life and your career. Younger people or people without children can take more risk for example. Your other assets must consist of shares, liquidity, gold, silver, bonds and real estate. I recently started writing an article series about this. Here you will find part 1. Part 2 will be realized shortly.

What is the most valuable lesson you have learnt in this space?  And what advice can you give to someone who is new to Crypto?

Do not overtrade. Do not make it harder than it is, just buy low, sell high – with a long time in between, so that you are not overtrading. Daytrading should never be a goal in life.

In addition, you should not be fooled by all the charts on Twitter or whatever. Learn what works for you. Then you will achieve success.

For more information and daily updates – follow Crypto Accountant on Twitter

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