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Is it possible to sell specific lots of cryptocurrencies on Robinhood without affecting my overall portfolio?

avatarTrevino KoenigDec 17, 2021 · 3 years ago3 answers

I'm wondering if it's possible to sell specific lots of cryptocurrencies on Robinhood without affecting the overall portfolio balance. For example, if I have 10 Bitcoin and I want to sell only 5 Bitcoin without impacting the remaining 5 Bitcoin in my portfolio, can I do that on Robinhood?

Is it possible to sell specific lots of cryptocurrencies on Robinhood without affecting my overall portfolio?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to sell specific lots of cryptocurrencies on Robinhood without affecting your overall portfolio balance. When you sell a specific amount of a cryptocurrency, Robinhood will only deduct that amount from your portfolio, leaving the remaining balance untouched. So, in your example, you can sell 5 Bitcoin and still have 5 Bitcoin in your portfolio.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Robinhood allows you to sell specific lots of cryptocurrencies without affecting your overall portfolio. You can choose the exact amount you want to sell and the platform will execute the trade accordingly. This feature gives you more control over your portfolio and allows you to manage your investments more effectively.
  • avatarDec 17, 2021 · 3 years ago
    Yes, you can sell specific lots of cryptocurrencies on Robinhood without affecting your overall portfolio. Robinhood's platform allows you to select the amount of cryptocurrency you want to sell, giving you the flexibility to manage your portfolio according to your preferences. It's a convenient feature that many users find helpful.