Perceived Attitude of Youth Towards Cryptocurrency Investment: A Case Study for India

Sharan Kumar Shetty, Cristi Spulbar (), Ramona Birau and Mircea Laurentiu Simion
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Sharan Kumar Shetty: Manel Srinivas Nayak Institute of Management, India
Ramona Birau: University of Craiova, Romania
Mircea Laurentiu Simion: University of Craiova, Romania

Economics and Applied Informatics, 2023, issue 1, 12-25

Abstract: The role of youth in investment is huge when we compare that to the old generation and their perceived attitudes about cryptocurrency investment is getting increased these days in India. This study's primary goal was to assess people's attitudes among young people regarding cryptocurrency awareness and investment. Most of the youth have not yet purchased bitcoin, were just familiar with cryptocurrencies, and lack a comprehensive overview of potential risks. The study’s data was gathered from primary and secondary sources of data. The fundamental information obtained by a questionnaire sent to more than 200 active and passive investors. The secondary sources of data used for the completion of this assignment include journals, magazines, internet websites, textbooks, and a review of literature. Several hypotheses were generated and evaluated with the intention of providing youths with useful suggestions.

Keywords: Cryptocurrency; Bitcoin; Investment; Stock Market; Risk; NFTs (non-fungible tokens); digital currency (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2023:i:1:p:12-25

DOI: 10.35219/eai15840409315

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