Is it worth investing in cryptocurrency?

Антипова, Т. В.

doi:10.1051/matecconf/202134208007

Cited by 4 publications

(2 citation statements)

References 9 publications

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“…These statistics prove that young people are more interested in risky investments. And because the cryptocurrency market is a highly volatile market, it is a double-edged sword: it has the potential to generate tidy profits, but each participant also faces a high risk of losing a significant share of capital (Antipova, 2021).…”

Section: Review Of Literaturementioning

confidence: 99%

Exploring Investor Engagement With Cryptocurrency Investments in Sri Lanka

Pasindu Maheela Dharmasiri

2023

epra

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This research paper explores the dynamics of investor engagement in cryptocurrencies within the context of Sri Lanka, a country marked by economic distress and growing interest in the digital economy. Cryptocurrencies, characterized by their decentralized nature and potential for high returns, have gained significant traction globally. This study employs an exploratory research methodology to delve into the demographic details, investment behaviour, and strategies of cryptocurrency users in Sri Lanka. Through convenience sampling, the study identifies and surveys 35 cryptocurrency users. The research findings reveal that the cryptocurrency market in Sri Lanka is predominantly male dominated, with the majority falling within the 21-30 age group and holding Bachelors degrees. Participants are primarily employed in the self-employed or private sectors. Their investment horizons vary, with a notable percentage investing for 3-5 years, followed by 1-2 years and less than a year. A significant portion of respondents has experienced fraud within the cryptocurrency space, emphasizing the need for cautious investment practices. Investment levels among participants vary, with the largest proportion having invested more than 500,000 LKR. However, a substantial number of investors have portfolios exceeding 1,000,000 LKR, highlighting the diversity of investment sizes. Profitability in cryptocurrency investments is mixed, with a substantial proportion achieving significant profits, while others report substantial losses. This underscores the inherent risk in cryptocurrency investments, with a notable percentage of participants experiencing financial setbacks. KEYWORDS: Cryptocurrency, Investments, Profitability, Financial setbacks.

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Section: Review Of Literaturementioning

confidence: 99%

Exploring Investor Engagement With Cryptocurrency Investments in Sri Lanka

Pasindu Maheela Dharmasiri

2023

epra

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“…Cryptocurrency is believed to be an investment instrument because in the transaction process, cryptocurrency has the same principles as economic principles, namely the price will rise if there is a lot of demand. One of the factors that determine the feasibility of investing in cryptocurrencies is the high volatility of cryptocurrencies (Antipova, 2021). The movement of cryptocurrencies is very volatile.…”

Section: Introductionmentioning

confidence: 99%

The Influence of Perceived Benefits, Perceptions of Ease and Perception of Risks on Student’s Cryptocurrency Investment Interest

Dewi

Herawati

Wahyuni

2023

JIMAT

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This research aims to determine the effect of perceived benefits, perceived convenience and perceived risk on cryptocurrency investment interest in the province of Bali. The population of this research are all students in the province of Bali. The sampling method in this research used a non-probability sampling method with an accidental sampling approach. The results indicate that The Effect of Perceived Benefits (X1) has a significant effect on Cryptocurrency Investment Interest (Y); The Effect of Perceived Ease (X2) and The Effect of Investment Risk (X3) has no significant effect on Cryptocurrency Investment Interest (Y). Based on the results of the R-Square test, perceptions of benefits, perceptions of convenience, and investment risk affect interest in cryptocurrency investment by 21.9%, while the remaining 78.1% is influenced by other variables outside of this research. It is hoped that this research will be useful for the development of future research. Key words : perceived benefits; perception of convenience; risk perception; investment interest; cryptocurrency

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Cryptocurrency as a Vector for the Digitalisation of the World Economy

Ilich

2022

Lecture Notes in Networks and Systems

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Is it worth investing in cryptocurrency?

Cited by 4 publications

References 9 publications

Exploring Investor Engagement With Cryptocurrency Investments in Sri Lanka

Exploring Investor Engagement With Cryptocurrency Investments in Sri Lanka

The Influence of Perceived Benefits, Perceptions of Ease and Perception of Risks on Student’s Cryptocurrency Investment Interest

Cryptocurrency as a Vector for the Digitalisation of the World Economy

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