Cryptocurrencies: Instruments for investment security protection
2024, vol.16 , no.1, pp. 89-100
Article [2024-01-09]
The current research aims to reveal whether cryptocurrencies may be included in investors’ portfolios as instruments for diversification and hedging against global systematic risk. The main contribution of the research is the fact that it provides proof of the usage of cryptos for hedging against global financial systematic risk. This seems to confirm the main hypothesis in the study about the role of money and cryptos in the contemporary global financial economy. The research reveals evidence that cryptocurrencies can play the role of global market predictors.
global systematic risk, cryptocurrency, diversification, hedging strategy
https://doi.org/10.59035/BLNZ1758
Gancho Ganchev, Maria Paskaleva. Cryptocurrencies: Instruments for investment security protection. International Journal on Information Technologies and Security, vol.16 , no.1, 2024, pp. 89-100. https://doi.org/10.59035/BLNZ1758