Comprehending the Crypto-Curious: How Investors and Inexperienced Potential Investors Perceive and Practice Cryptocurrency Trading

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dc.contributor.authorMäkelä, Ville
dc.contributor.authorNacke, Lennart
dc.contributor.authorZhang-Kennedy, Leah
dc.contributor.authorHadan, Hilda
dc.date.accessioned2023-08-16T13:48:22Z
dc.date.available2023-08-16T13:48:22Z
dc.date.issued2023-08-01
dc.descriptionThis is an Accepted Manuscript of an article published by Taylor & Francis in International Journal of Human-Computer Interaction in August 2023, available online: https://doi.org/10.1080/10447318.2023.2239556en
dc.description.abstractWith the increasing popularity of cryptocurrency, many people are interested in cryptocurrency investments, but have so far hesitated. Many others have made investments without adequate preparation. To help interested investors improve their understanding of cryptocurrency and make rational investment decisions, it is important to study their concerns and motivations, and to draw upon experienced investors’ experiences and practices. Therefore, we surveyed crypto investors and inexperienced potential investors interested in trading cryptocurrency (n = 395). Our results showed that extreme price volatility is the primary incentive and a substantial obstacle to market participation. Fraud risks, lack of personal funds, insufficient knowledge, and difficulty identifying credible information sources are also common barriers. Our findings highlight the need to build trustworthy exchange platforms and integrate educational features. Based on the reported concerns and experiences, we 1) identify learning components for new investors, and 2) formulate design recommendations for beginner-friendly exchange platforms.en
dc.description.sponsorshipMitacs Accelerate (#IT30275) with Steam Exchange Inc.en
dc.identifier.urihttps://doi.org/10.1080/10447318.2023.2239556
dc.identifier.urihttp://hdl.handle.net/10012/19693
dc.language.isoenen
dc.publisherTaylor & Francisen
dc.relation.ispartofseriesInternational Journal of Human–Computer Interaction;
dc.subjecthuman-computer interactionen
dc.subjectcryptocurrencyen
dc.subjectuser experienceen
dc.subjectserious gamesen
dc.subjectprice volatilityen
dc.subjectmarket manipulationen
dc.subjectinvestor concernsen
dc.titleComprehending the Crypto-Curious: How Investors and Inexperienced Potential Investors Perceive and Practice Cryptocurrency Tradingen
dc.typeArticleen
dcterms.bibliographicCitationHadan, H., Zhang-Kennedy, L., Nacke, L., & Mäkelä, V. (2023). Comprehending the crypto-curious: How investors and inexperienced potential investors perceive and practice cryptocurrency trading. International Journal of Human–Computer Interaction, 1–22. https://doi.org/10.1080/10447318.2023.2239556en
uws.contributor.affiliation1Faculty of Artsen
uws.contributor.affiliation2Stratford School of Interaction Design and Businessen
uws.peerReviewStatusRevieweden
uws.scholarLevelGraduateen
uws.typeOfResourceTexten

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