How to avoid tax on crypto investments?

In the ever-evolving world of cryptocurrency investments, one of the most pressing questions for investors is how to navigate the complex terrain of taxes. With the surge in popularity of digital currencies, understanding the intricacies of taxation on crypto investments has become increasingly crucial. So, how does one avoid paying taxes on their crypto investments? The key lies in staying updated with the latest regulations and utilizing strategies such as holding onto investments for the long term, minimizing frequent trading, and utilizing tax-deferred accounts or shelters. Additionally, seeking the advice of a qualified tax professional can help investors navigate this complex landscape and ensure they are making informed decisions that minimize their tax burden. But what are the specific steps investors can take to ensure they're maximizing their tax efficiency? Let's delve deeper.