Rectifying the Robinhood mistake

When I first decided to invest in Bitcoin, I knew no better than to use Robinhood so I put a bunch of money in thru RH. After learning more about crypto, how it works and the whole point of it over the last year or so, I realized I made a mistake. You live and you learn, at least I didn’t do the same with ETH lol.

If I sell the Robinhood Bitcoin holdings to buy and hold my own coins, it’ll create a taxable event so I’ll lose a chunk of the $. Was anyone else in this situation and how did you proceed?

submitted by /u/_SaaShole_
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