Factors Affecting the Risk Perceptions of Cryptocurrency Investors
Blockchain technology; Conceptual clarity; Cryptocurrency; Investment education; Risk perception
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.
Bhattacharjee, Jayashree; Pandey, Lata; Singh, Ranjit; Baker, H Kent
Journal of Behavioral Finance;Volume;26;Issue;3;pp.367-379
Restricted Access; Hardcopy may be available in the library
https://doi.org/10.1080/15427560.2024.2331474 https://www.scopus.com/pages/publications/85189341169?origin=resultslist
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