Understanding the Influence of Perceived Traceability, Anonymity, and Self-Efficacy on Cryptocurrency Investment Intentions: A Study of Cybersecurity Behaviours

By : K. Mohammed Nabeel, M. Sumathy

Page No: 21-28

Abstract
This article investigates the effects of perceived traceability, anonymity, and self-efficacy on the intention to invest in cryptocurrency. The report is based on a survey of a sample of 235 cryptocurrency investors from Kerala, India. The study design is descriptive, with a focus on the security behaviours of crypto-asset users and the cybersecurity concerns that the crypto business faces. The findings of the multiple regression analysis show that perceived traceability, perceived anonymity, and perceived self efficacy all have a substantial impact on the intention to invest in cryptocurrencies. Perceived traceability and anonymity are positively related to investment intentions. Perceived self-efficacy also has a favourable influence on investment intention, implying that those who are more confident in their ability to carry out cryptocurrency transactions are more likely to invest.

Authors :
K. Mohammed Nabeel
Ph.D Research Scholar, Senior Research Fellow, School of Commerce, Bharathiar University, Coimbatore, Tamil Nadu, India.

M. Sumathy 
Professor & Head, School of Commerce, Bharathiar University, Coimbatore, Tamil Nadu, India.
 

DOI: https://doi.org/10.32381/PROD.2024.65.01.3