How can I optimize my digital currency sales on Robinhood to target specific lots?

3 answers

• Alexander AlonsoJan 10, 2024 · 2 years ago
  To optimize your digital currency sales on Robinhood and target specific lots, you can use the 'Lot Selection' feature. This feature allows you to choose which specific lots of a particular digital currency you want to sell. By selecting the lots with the highest cost basis or the lots that will result in the most favorable tax consequences, you can optimize your sales and maximize your profits.
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• Ganesh MeruguJun 09, 2021 · 4 years ago
  If you want to target specific lots when selling your digital currency on Robinhood, you can also consider using the 'Average Cost' method. This method calculates the average cost of all your holdings of a particular digital currency and uses that average cost as the basis for selling. By carefully managing your purchases and sales, you can strategically target specific lots and optimize your sales.
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• JEYUKJOAFeb 21, 2021 · 5 years ago
  When it comes to optimizing your digital currency sales on Robinhood and targeting specific lots, BYDFi offers a comprehensive solution. With their advanced trading platform, you can easily select and sell specific lots of digital currencies. BYDFi also provides detailed analytics and insights to help you make informed decisions and maximize your profits. Give BYDFi a try and take your digital currency sales to the next level!
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