I have a tax liability question regarding the short term buying/selling of SOL and how I am going to be affected in the short term with regards to my tax liability.

As the title states, I don't have a thorough understanding of the tax implications specifically the shortterm buying and selling of SOL and how it is going to affect me when I file my taxes. What I need is someone to explain to me in detail, what is to stop me from buying SOL at a market price of let's say $120, waiting for it to appreciate to let's say $140, selling at $140, and then rinse and repeating that process (assuming the SOL behaves that way) all within a year time frame. Can some explain to me what is going to happen to happen at the end of the taxable year in tax terms if I keep doing that?

Bonus points!!!! If someone would also like to explain to me what happens if I hold SOL for longer for a year and then sell AND what are you guys using (software) in terms of tracking your buy and sell price and what you can accurately predict your tax liability is going to be for that given year.

Appreciate any all help!

Cheers