The Role of Trust and Awareness with Attitude as Mediation Variables in Behavioral Intentions to Cryptocurrency
- DOI
- 10.2991/978-2-494069-39-8_8How to use a DOI?
- Keywords
- Cryptocurrency; Trust; Awareness; Attitude; Behavioural intention
- Abstract
The rapid growth in the number of cryptocurrency investors is a phenomenon that occurs during a pandemic. Investing in the capital market and cryptocurrency sectors has become a new lifestyle among young people in Indonesia. The majority are beginner investors or just joining the investment for the first time. They are chasing high profits from this newborn trading trend. A vast increase in the number of investors emerged in Indonesia. The high gain achieved from trading cryptocurrencies appeals to novice investors. Many young people are starting to invest in cryptocurrencies. The phenomenon is using funds for investment, even from borrowed money or debt. This study tries to develop a model regarding what factors influence behavioral intention to invest in cryptocurrencies. Factors that affect awareness, belief and attitude toward cryptocurrencies are assumed to influence. The study then examines whether attitudes toward cryptocurrencies mediate behavioral intentions to invest. The population in this study is students who know about cryptocurrencies. The sample in this study was 100 students in Yogyakarta. The method used is Structural Equation Modeling (SEM) analysis based on variance, i.e., Partial Least Square (PLS). The attitude variable partially mediates the behavioral intention to invest in cryptocurrencies based on the study results.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Adhi Prakosa AU - Ahsan Sumantika PY - 2022 DA - 2022/12/15 TI - The Role of Trust and Awareness with Attitude as Mediation Variables in Behavioral Intentions to Cryptocurrency BT - Proceedings of the 1st UPY International Conference on Education and Social Science (UPINCESS 2022) PB - Atlantis Press SP - 78 EP - 88 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-494069-39-8_8 DO - 10.2991/978-2-494069-39-8_8 ID - Prakosa2022 ER -