TRADING OF CRYPTOCURRENCY – NEW AVENUE OF INVESTMENT – A PROBLEM PROSPECT ANALYSIS

Abstract

Cryptocurrency is a form of digital or virtual currency created through encryption algorithms and cryptographic techniques such as hash functions, public-private key pairs and elliptical curve encryption. The crypto market is complicated however the benefits include low transaction cost and high return. Cryptocurrencies are often susceptible to illegal practices misused by illicit players. The study aims to assess the significance of Cryptocurrency as a contemporary avenue of investment through a probable risk-return analysis. Crypto market should not be highlighted in the negative light rather through proper disclosure and awareness mechanisms. Investor awareness must be created and the market should be made more attractive for potential investors. Understanding the risk and return dynamics of cryptocurrency investments is imperative to making informed investment decisions.