A Study of Trading Behavior in Cryptocurrency Markets
碩士 === 國立成功大學 === 會計學系 === 106 === This study discusses investors’ behavior and compares several characteristics of cryptocurrencies markets to general equity markets. The findings show that (1) cryptocurrency returns are significantly related to Internet era. The searching volume of Google search e...
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ndltd-TW-106NCKU53850112019-10-31T05:22:13Z http://ndltd.ncl.edu.tw/handle/r6ub9d A Study of Trading Behavior in Cryptocurrency Markets 加密貨幣市場投資者行為之研究 Hsin-PingWang 王馨平 碩士 國立成功大學 會計學系 106 This study discusses investors’ behavior and compares several characteristics of cryptocurrencies markets to general equity markets. The findings show that (1) cryptocurrency returns are significantly related to Internet era. The searching volume of Google search engine presents a stronger influence than Baidu. (2) Legalization of cryptocurrencies has significantly positive impact on the trading volume of cryptocurrencies. (3) Cryptocurrency investors would do less investing during weekends. (4) Bitcoin investors will do more investments in holidays. (4) Volatility clustering phenomenon exists in both cryptocurrencies markets and general equity markets, but the asymmetric effect of volatility does not exist in cryptocurrency markets, which represents that the influence of good news and bad news for cryptocurrencies markets are identical. Li-Kai Liao 廖麗凱 2018 學位論文 ; thesis 55 en_US |
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碩士 === 國立成功大學 === 會計學系 === 106 === This study discusses investors’ behavior and compares several characteristics of cryptocurrencies markets to general equity markets. The findings show that (1) cryptocurrency returns are significantly related to Internet era. The searching volume of Google search engine presents a stronger influence than Baidu. (2) Legalization of cryptocurrencies has significantly positive impact on the trading volume of cryptocurrencies. (3) Cryptocurrency investors would do less investing during weekends. (4) Bitcoin investors will do more investments in holidays. (4) Volatility clustering phenomenon exists in both cryptocurrencies markets and general equity markets, but the asymmetric effect of volatility does not exist in cryptocurrency markets, which represents that the influence of good news and bad news for cryptocurrencies markets are identical.
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author2 |
Li-Kai Liao |
author_facet |
Li-Kai Liao Hsin-PingWang 王馨平 |
author |
Hsin-PingWang 王馨平 |
spellingShingle |
Hsin-PingWang 王馨平 A Study of Trading Behavior in Cryptocurrency Markets |
author_sort |
Hsin-PingWang |
title |
A Study of Trading Behavior in Cryptocurrency Markets |
title_short |
A Study of Trading Behavior in Cryptocurrency Markets |
title_full |
A Study of Trading Behavior in Cryptocurrency Markets |
title_fullStr |
A Study of Trading Behavior in Cryptocurrency Markets |
title_full_unstemmed |
A Study of Trading Behavior in Cryptocurrency Markets |
title_sort |
study of trading behavior in cryptocurrency markets |
publishDate |
2018 |
url |
http://ndltd.ncl.edu.tw/handle/r6ub9d |
work_keys_str_mv |
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