Summary of Reddit Comments for "How to Begin Crypto":

Starting with Taxation and Regulation:

• Centralize all information using a site like cointracking.info to track transactions and calculate taxes.
• Obtain a ruling from the tax department to ensure compliance.
• Keep proof of wires from accounts to exchanges.
• Consider staking gains and declaring earnings accordingly.
• Be cautious about taxation and be prepared for possible consequences.

Investing in Cryptocurrency:

• Start by creating an account on an exchange like Coinbase for trading and learning.
• Begin with established coins like Bitcoin (BTC) and Ethereum (ETH) to understand market dynamics.
• Avoid making hasty decisions and do thorough research before investing in other altcoins.
• Dollar-cost average (DCA) into BTC and ETH for long-term holding.
• Avoid responding to unsolicited messages offering financial advice.

Wallets and Exchanges:

• Use reputable exchanges like Binance, Kraken, Gemini for trading.
• Consider hardware wallets like Ledger Nano X for secure storage.
• Transfer coins to wallets for long-term holding and keep trading coins on exchanges.
• Research and understand the functioning of wallets and exchanges before starting.

General Advice for Beginners:

• Focus on learning and researching before investing in cryptocurrencies.
• Take time to understand different projects and investment opportunities.
• Be cautious of scams and fraudulent activities in the crypto space.
• Engage with reputable sources, forums, and communities for guidance.

Recovering Lost Cryptocurrency:

• Search for USB drives or files containing private keys or seed phrases.
• Explore all possibilities, including checking various storage devices and accounts.
• Consider seeking professional assistance to help recover lost cryptocurrencies.

The summary provides insights on taxation, starting investments, using exchanges, securing wallets, general advice, and recovering lost cryptocurrency for beginners in the crypto space.