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KRİPTO PARALARA YATIRIM NİYETİNİ ETKİLEYEN BAZI FAKTÖRLERİN İNCELENMESİ

Year 2022, Volume: 8 Issue: 2, 291 - 310, 31.12.2022
https://doi.org/10.46849/guiibd.1162973

Abstract

Merkezi bir otorite tarafından yönetilmeyen ve finansal getirisi yüksek olan kripto paralara olan ilgi her geçen gün artmaktadır. Gelecekte ekonomik sistemi önemli ölçüde etkileyecek bu dijital varlıklara yatırım yapan yatırımcı sayısı, son yıllarda hem dünya da hem de Türkiye’de çok hızlı bir ivme ile artmıştır. Kripto paraya yatırım yapmak isteyen kişiler çok farklı stratejiler izlemekte ve zaman zaman karşılaşacağı risklerden endişe etmektedir. Bu çalışmanın amacı, kripto paraya ilgi duyan yatırımcıların, yatırım niyetini etkileyen bazı faktörlerin incelenmesidir. Çalışmada Türkiye'nin çeşitli illerinde yaşayan 430 kişi ile çevrimiçi anket yapılmıştır. Toplanan veriler, SPSS ve AMOS paket programları ile yapısal eşitlik modellemesi kullanılarak analiz edilmiştir. Araştırma sonuçlarına göre kripto paralara yatırım niyeti olan yatırımcıların kripto paralar hususunda finansal okuryazarlığının, aracı kurumlara ve kripto para birimlerine duydukları güveninin ve karşılaştığı sosyal etkinin kripto paralara yatırım niyetine anlamlı ve pozitif etkisi olduğu görülmüştür. Diğer taraftan, bu yatırımcıların kripto para yatırımlarında algıladığı riskin kripto para yatırım niyetine anlamlı ancak negatif bir etkisi olduğu belirlenmiştir. Ayrıca kripto para yatırımcılarının kripto paralara karşı gösterdiği sürü davranışlarının ve fiyat bilinçlerinin yatırım niyetine herhangi bir etkisinin olmadığı tespit edilmiştir.

References

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EXAMINING OF SOME FACTORS AFFECTING THE INTENTION TO INVEST IN CRYPTOCURRENCIES

Year 2022, Volume: 8 Issue: 2, 291 - 310, 31.12.2022
https://doi.org/10.46849/guiibd.1162973

Abstract

The interest in cryptocurrencies, which are not managed by a central authority and have high financial returns, is increasing daily. The number of investors investing in these digital assets, which will significantly affect the economic system in the future, has expanded rapidly in the world and Turkey in recent years. People who want to invest in crypto money follow very different strategies and are worried about the risks they will face from time to time. In this direction, the study aims to examine the factors that affect the investment intention of investors interested in crypto money. Thus, an online survey was conducted with 430 people living in various provinces of Turkey. The collected data were analyzed by structural equation modeling with SPSS and AMOS package programs. According to the results of the research, it has been seen that the financial literacy, trust in brokerages and cryptocurrencies, and social influence of the investors who intend to invest in cryptocurrencies have a significant and positive effect on the intention to invest in cryptocurrencies. On the other hand, it has been determined that the perceived risk by these investors regarding cryptocurrencies has a significant but negative effect on the intention to invest in cryptocurrencies. In addition, it has been determined that the herd behavior and price awareness of crypto money investors against cryptocurrencies do not affect investment intention.

References

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  • Alenazy, W. M., Mugahed Al-Rahmi, W., ve Khan, M. S. (2019). Validation of TAM Model on Social Media Use for Collaborative Learning to Enhance Collaborative Authoring. IEEE Access, 7, 71550–71562. https://doi.org/10.1109/ACCESS.2019.2920242
  • Almaqableh, L., Reddy, K., Pereira, V., Ramiah, V., Wallace, D., ve Francisco Veron, J. (2022). An investigative study of links between terrorist attacks and cryptocurrency markets. Journal of Business Research, 147, 177–188. https://doi.org/10.1016/j.jbusres.2022.04.019
  • Amirat, A., ve Alwafi, W. (2020). Does herding behavior exist in cryptocurrency market? Editorial manager. 8(1). https://doi.org/10.1080/23322039.2020.1735680
  • Anser, M. K., Zaigham, G. H. K., Imran Rasheed, M., Pitafi, A. H., Iqbal, J., ve Luqman, A. (2020). Social media usage and individuals’ intentions toward adopting Bitcoin: The role of the theory of planned behavior and perceived risk. International Journal of Communication Systems, 33(17). https://doi.org/10.1002/dac.4590
  • Arias-Oliva, M., Pelegrín-Borondo, J., ve Matías-Clavero, G. (2019). Variables influencing cryptocurrency use: A technology acceptance model in Spain. Frontiers in Psychology, 10(MAR), 475. https://doi.org/10.3389/fpsyg.2019.00475
  • Arli, D., van Esch, P., Bakpayev, M., ve Laurence, A. (2021). Do consumers really trust cryptocurrencies? Marketing Intelligence and Planning, 39(1), 74–90. https://doi.org/10.1108/MIP-01-2020-0036
  • Aswinnur, K., ve Wawan, D. (2015). The Acceptance Of Bıtcoın In Indonesıa: Extendıng Tam Wıth Idt. Journal of Busıness and Management, 4(1), 28–38
  • Ayedh, A. M., Battour, M., Mispah, M., Omar, S., Ayedh, A., ve Omar, M. (2020). Malaysian Muslim Investors’ Behaviour Towards the Block chain-based Bitcoin Cryptocurrency market Determinants of Social and Environmental Reporting Practices Disclosure in Libyan Oil and Gas Industry: A Managerial Perspective View project Fostering Susta. Article in Journal of Islamic Marketing. https://doi.org/10.1108/JIMA-04-2019-0081
  • Bannier, C. E., Meyll, T., Röder, F., ve Walter, A. (2019). The gender gap in Bitcoin literacy. Journal of Behavioral and Experimental Finance, 22, 129–134. https://doi.org/10.1016/j.jbef.2019.02.008
  • Barbon, A., & Ranaldo, A. (2021). On The Quality Of Cryptocurrency Markets. https://doi.org/10.48550/arXiv.2112.07386
  • Brewer, N. T., Chapman, G. B., Gibbons, F. X., Gerrard, M., McCaul, K. D., & Weinstein, N. D. (2007). Meta-analysis of the relationship between risk perception and health behavior: The example of vaccination. Health psychology, 26(2), 136. https://doi.org/10.1002/dac.4590
  • Campbell, J., DiPietro, R. B., ve Remar, D. (2014). Local foods in a university setting: Price consciousness, product involvement, price/quality inference and consumer’s willingness-to-pay. International Journal of Hospitality Management, 42, 39–49. https://doi.org/10.1016/j.ijhm.2014.05.014
  • Chaouali, W., Ben Yahia, I., ve Souiden, N. (2016). The interplay of counter-conformity motivation, social influence, and trust in customers’ intention to adopt Internet banking services: The case of an emerging country. Journal of Retailing and Consumer Services, 28, 209–218. https://doi.org/10.1016/j.jretconser.2015.10.007
  • Da Gama Silva, P. V. J., Klotzle, M. C., Pinto, A. C. F., ve Gomes, L. L. (2019). Herding behavior and contagion in the cryptocurrency market. Journal of Behavioral and Experimental Finance, 22, 41–50. https://doi.org/10.1016/j.jbef.2019.01.006
  • Derlek, A. (2020). Kripto Para Kullanımını Etkileyen Faktörlerin Teknoloji Kabul Modeli İle Analizi. Yayınlanmamış Yüksek Lisans Tezi, Fen Bilimleri Enstitüsü, Yalova Üniversitesi.
  • Devenow, A., ve Welch, I. (1996). Rational herding in financial economics. European Economic Review, 40(3-5), 603-615. https://doi.org/10.1016/j.frl.2018.07.008
  • Dong, B., Jiang, L., Liu, J., ve Zhu, Y. (2022). Liquidity in the cryptocurrency market and commonalities across anomalies. International Review of Financial Analysis, 81, 102097. https://doi.org/10.1016/j.irfa.2022.102097
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There are 70 citations in total.

Details

Primary Language Turkish
Subjects Business Administration
Journal Section Articles
Authors

İbrahim Halil Efendioğlu 0000-0002-4968-375X

Early Pub Date October 18, 2022
Publication Date December 31, 2022
Submission Date August 16, 2022
Acceptance Date December 27, 2022
Published in Issue Year 2022 Volume: 8 Issue: 2

Cite

APA Efendioğlu, İ. H. (2022). KRİPTO PARALARA YATIRIM NİYETİNİ ETKİLEYEN BAZI FAKTÖRLERİN İNCELENMESİ. Giresun Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 8(2), 291-310. https://doi.org/10.46849/guiibd.1162973
  • Journal of Economics & Administrative Sciences