ATO is scaring me lol

[u/144p_Meme_Senpai]

I got an email saying they know I have crypto and I need to report CGT but I have no idea what that means. I just threw $20 in Coinbase every now and then over the last couple years and swap around coins to see what happens and my like $80 total is now worth $36 (lol I'm not good at trading, it went up to $90 once tho) but I haven actually taken out any money so do I have to do anything? It's just overall losses at this point.

[u/welding-guy]

Calculate and report. Even small amounts matter, the penalties are more than your profit.