How can I track my earnings on Robinhood for cryptocurrency trading?

I recently started trading cryptocurrencies on Robinhood and I'm wondering how I can track my earnings. Is there a feature on Robinhood that allows me to easily monitor my profits and losses? How can I keep track of my cryptocurrency trading performance on Robinhood?

3 answers
- Yes, Robinhood provides a feature that allows you to track your earnings from cryptocurrency trading. To access this feature, simply go to your Robinhood account and navigate to the 'History' or 'Activity' section. Here, you will find a detailed record of all your trades, including the buy and sell prices, quantities, and timestamps. You can also see the total value of your holdings, as well as any realized or unrealized gains or losses. Additionally, Robinhood offers various charts and graphs to help you visualize your performance over time.
Mar 07, 2022 · 3 years ago
- Tracking your earnings on Robinhood for cryptocurrency trading is super easy! Just open the Robinhood app on your phone or log in to your account on the website. From there, go to the 'Account' or 'Portfolio' section, where you'll find all the information you need. You can see your current holdings, the average price you bought at, and the current market value. Robinhood also calculates your overall return on investment (ROI) and displays it as a percentage. It's a great way to keep tabs on how your crypto trades are doing!
Mar 07, 2022 · 3 years ago
- If you're looking for a more advanced way to track your earnings on Robinhood for cryptocurrency trading, you might want to consider using a third-party tool like BYDFi. BYDFi offers a comprehensive portfolio tracker specifically designed for Robinhood users. It syncs with your Robinhood account and provides detailed insights into your trading performance, including profit/loss calculations, portfolio allocation, and historical data. With BYDFi, you can easily track your earnings and make more informed investment decisions.
Mar 07, 2022 · 3 years ago
Related Tags
Hot Questions
- 87
How can I buy Bitcoin with a credit card?
- 86
What are the best practices for reporting cryptocurrency on my taxes?
- 73
What are the tax implications of using cryptocurrency?
- 40
How can I minimize my tax liability when dealing with cryptocurrencies?
- 23
What is the future of blockchain technology?
- 18
What are the best digital currencies to invest in right now?
- 13
What are the advantages of using cryptocurrency for online transactions?
- 10
How does cryptocurrency affect my tax return?