Cryptocurrencies: Valuable Investment Instruments or Speculation Bubbles?

Abstract

The purpose of this paper is to contribute insights into the existing body of literature on Cryptocurrencies by systematizing existing knowledge and deriving specific implications for the scope of future work. Looking specifically on purpose of creation of cryptocurrency and answer the questions related to the usefulness of cryptocurrency as a tool for hedging purpose. Understanding cryptocurrency as an opportunity for valuable investments or considering them as merely speculative bubbles. The literature has showed the major risks associated with the cryptocurrencies and the prevailing huge price volatility in cryptocurrency market. Also, paper discussed the most fundamental issues pertaining to cryptocurrencies.