Is day trading a huge PITA now with regards to tax reporting?

I bought the worst time ever for crypto a few years ago. I forgot the exact date but I lost like 70-80% in months. ????????‍♂️

It wasn't a huge sum of money, and it was money I was mentally prepared to throw away..

Anyways, I haven't checked my balances and wallets for over two years and just decided to log into everything.

Something I never did previously but was always interested is day trading the crypto. I have a little bit of money sitting that I'm ready to do some gambling with - but will this result in a nightmare come tax time? When I was dabbling, it wasn't a tax report requirement. Plus I never sold anything so I had nothing to worry about ????

Is this something I should throw some time at? Or will I regret it come tax time? I am in the USA

Sorry for the babbling. ????

Thanks