Analysis of the investment risk in cryptocurrency Bitcoin
Journal Title: Współczesna Gospodarka - Year 2015, Vol 6, Issue 3
Abstract
The aim of the article was to evaluate the risks of investing in Bitcoin cryptocurrency. Particular attention was paid to the risk of investment on the Polish exchanges: Bitcurex, BitBay, BitMarket.pl and LocalBitcoins. To evaluate the risk there was used VaR measure. There were compared the risk of investing in Bitcoin cryptocurrency and the risk of investing in the selected “traditional” currencies. There was also paid attention to the effect of day of the week on the Bitcoin’s exchanges. The investment in cryptocurrency was characterized by higher risk than investing in “traditional” currencies. The Polish Bitcoin exchange LocalBitcoins was characterized by the highest risk and highest average daily rate of return.
Authors and Affiliations
Kinga Kądziołka
Keywords
Related Articles
- EP ID EP148607
- DOI -
- Views 80
- Downloads 0
The role of corporate entrepreneurship in competitiveness. Data analysis of quantitative. Part 1
The functioning of the enterprise in a constantly changing environ-ment means that companies should make the necessary transformation, meet challenges, and thus anticipate and shape the reality. Each company should be th...
Potential consequences of immigration to the European Union and the possibility of limiting the scale of this phenomenon
The aim of this study is to assess the scale and effects of influx of people from Africa and the Middle East to European Union countries and to present the objectives of the “Marshall Plan with Africa”, which aims to sup...
Polska w strefie i poza strefą euro – zagrożenia i korzyści w świetle nowych uwarunkowań politycznych i gospodarczych
W artykule dokonano analizy korzyści i zagrożeń związanych z przyjęciem przez Polskę euro, w świetle aktualnych uwarunkowań politycznych i gospodarczych. W tym celu wykorzystano następujące metody badawcze: badania liter...
Regulacje prawne a rynek usług ubezpieczeniowych w sektorze MSP w latach 2014-2015 na przykładzie Polski
Rynek ubezpieczeń obok usług bankowych i telekomunikacyjnych jest najbardziej dynamicznie rozwijającym się rynkiem w Polsce. Od 1990 roku, w którym przyjęto Ustawę o działalności ubezpieczeniowej, liczba towarzystw ubezp...
Comparative analysis of Polish and Croatian maritime policy in the context of the integrated maritime policy of the European Union
Traditional activities based on sea resources (maritime transport, shipyards, fishery) always played the key role in increasing production possibilities of the economies with the access to the sea. The development of tec...