Prediction of Future Market Share of Cryptocurrencies using Real-Time Investments

Abstract

The use of currency has a long history, predating the individual being referred to by 1000 years. Currently, currency is the primary means of exchange globally. This individual has introduced a new, untested type of money in the form of cryptocurrency. The purpose of this study is to use conjoint analysis to understand the factors that influence investors' decision-making process when considering investing in cryptocurrency. The research indicates that various characteristics of cryptocurrencies play a role in investor decision-making. This study aims to identify the different classes of consideration that investors take into account when evaluating their expectations for cryptocurrency investments. In this context, the investors are the customers and cryptocurrency are the new product being considered. The results of the study reveal that profitability, accounting practices, and security are crucial factors that impact investors' expectations for cryptocurrencies. Among these characteristics, profitability appears to be the most crucial factor for investors, based on the research findings. The survey data also confirms that a significant portion of investors anticipate Elevated returns from cryptocurrency investments. This study aims to use conjoint analysis to understand the factors that influence investors' decision-making process when considering investing in cryptocurrency. The research indicates that various characteristics of cryptocurrencies play a role in investor decision-making and the study aims to identify the different classes of consideration that investors take into account when evaluating their expectations for cryptocurrency investments. Additionally, a significant portion of investors anticipate elevated returns from cryptocurrency investments. The challenges faced in the study include understanding the factors that influence investors' decision-making process, identifying the different classes of consideration, addressing the lack of historical data and understanding of cryptocurrency, addressing the volatility and uncertainty of the cryptocurrency market and addressing the lack of standard regulations, laws and infrastructure for cryptocurrency. The study uses techniques such as conjoint analysis, surveying investors, data visualization and a combination of quantitative and qualitative research methods to provide a comprehensive understanding of the topic.