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

Author

Listed:
  • Sharan Kumar SHETTY

    (Manel Srinivas Nayak Institute of Management, India)

  • Cristi SPULBAR

    (University of Craiova, Romania)

  • Ramona BIRAU

    (University of Craiova, Romania)

  • Mircea Laurentiu SIMION

    (University of Craiova, Romania)

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.

Suggested Citation

  • Sharan Kumar SHETTY & Cristi SPULBAR & Ramona BIRAU & Mircea Laurentiu SIMION, 2023. "Perceived Attitude of Youth Towards Cryptocurrency Investment: A Case Study for India," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 12-25.
    • Handle: RePEc:ddj:fseeai:y:2023:i:1:p:12-25
    DOI: 10.35219/eai15840409315
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    References listed on IDEAS

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    2. Ahmed, Shaker & Grobys, Klaus & Sapkota, Niranjan, 2020. "Profitability of technical trading rules among cryptocurrencies with privacy function," Finance Research Letters, Elsevier, vol. 35(C).
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    4. Takahiro Hattori & Ryo Ishida, 2021. "The relationship between arbitrage in futures and spot markets and Bitcoin price movements: Evidence from the Bitcoin markets," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 41(1), pages 105-114, January.
    5. Inzamam UI Haq & Elie Bouri, 2022. "Sustainable versus Conventional Cryptocurrencies in the Face of Cryptocurrency Uncertainty Indices: An Analysis across Time and Scales," JRFM, MDPI, vol. 15(10), pages 1-16, September.
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