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Is there a specific feature or dashboard in Robinhood that allows me to easily keep track of my cryptocurrency profits and losses?

avatarfloriraeNov 26, 2021 · 3 years ago3 answers

I'm using Robinhood to trade cryptocurrencies, and I'm wondering if there is a specific feature or dashboard in Robinhood that can help me keep track of my cryptocurrency profits and losses easily. Can anyone provide some insights on this?

Is there a specific feature or dashboard in Robinhood that allows me to easily keep track of my cryptocurrency profits and losses?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, Robinhood provides a feature called 'Investment History' that allows you to keep track of your cryptocurrency profits and losses. You can access it by going to the 'Account' tab and selecting 'Investment History'. This feature provides a detailed breakdown of your trades, including the buy and sell prices, quantities, and the resulting profits or losses.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! Robinhood has a dedicated dashboard called 'Crypto Portfolio' that allows you to monitor your cryptocurrency investments and track your profits and losses. It provides real-time updates on the value of your holdings, as well as a breakdown of your gains and losses. You can access the Crypto Portfolio dashboard by navigating to the 'Account' tab and selecting 'Crypto Portfolio'.
  • avatarNov 26, 2021 · 3 years ago
    Yes, Robinhood does have a feature to track your cryptocurrency profits and losses. However, if you're looking for more advanced features and analytics, you might want to consider using a third-party platform like BYDFi. BYDFi offers comprehensive portfolio tracking tools specifically designed for cryptocurrency traders, allowing you to monitor your profits and losses across multiple exchanges and wallets. It also provides advanced analytics and performance metrics to help you make informed trading decisions.