Factors Affecting the Risk Perceptions of Cryptocurrency Investors

Title

Factors Affecting the Risk Perceptions of Cryptocurrency Investors

Creator

Bhattacharjee J.; Pandey L.; Singh R.; Baker H.K.

Description

This study explores risk perceptions in cryptocurrency investments among Indian investors. It employs a multistage random sampling survey of 228 investors. Four key factors influence this perception: conceptual clarity, investment education, awareness of investment options, and fear-induced psychological factors. The overall risk perception of crypto investors is high. Based on our findings, we suggest that the Indian government should organize an awareness campaign to create awareness and educate investors about cryptocurrency. Policymakers and investment managers should focus on transforming high-risk investors into lower-risk investors through education and support, fostering a more favorable investment environment. 2024 The Institute of Behavioral Finance.

Source

Journal of Behavioral Finance

Date

2024-01-01

Publisher

Institute of Behavioral Finance

Subject

Blockchain technology; Conceptual clarity; Cryptocurrency; Investment education; Risk perception

Coverage

Bhattacharjee J., School of Business and Management, Christ (Deemed to be University), India; Pandey L., Indian Institute of Information Technology Allahabad, India; Singh R., Indian Institute of Information Technology Allahabad, India; Baker H.K., American University, Kogod School of Business, United States

Rights

Restricted Access

Relation

ISSN: 15427560

Format

Online

Language

English

Type

Article

Identifier

https://doi.org/10.1080/15427560.2024.2331474

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85189341169&doi=10.1080%2f15427560.2024.2331474&partnerID=40&md5=27e61cdbb5caedd62611eaf38ffc5a58