ANALISIS PERBANDINGAN RISK DAN RETURN INVESTASI MATA UANG DIGITAL (BITCOIN) DENGAN MATA UANG KONVENSIONAL (EUR, JPY, GBP)

Main Authors: Manalu, Sahala, Catharina Aprilia Hellyani
Format: Article info application/pdf Journal
Bahasa: eng
Terbitan: LLDIKTI Wilayah VII , 2020
Subjects:
EUR
JPY
GBP
Online Access: http://e-jurnal.kopertis7.go.id/index.php/ekonomika/article/view/363
http://e-jurnal.kopertis7.go.id/index.php/ekonomika/article/view/363/295
Daftar Isi:
  • This research is based on the emergence of cryptocurrency-Bitcoin as a new payment and investment instrument in recent years. Based on this phenomenon, this study tries to measure and analyze the risk and return on investment of cryptocurrency (Bitcoin) compared to conventional currencies (EUR, JPY, GBP). The population in this study is the price index of all conventional currencies traded on the forex market and price index of digital currencies with more than USD $100,000,000 market capitalization. Using a non- probability purposive sampling technique, researcher determines the research samples are index of the three most traded conventional currencies in the forex market (EUR, JPY, GBP) and index of digital currency with the largest market capitalization (Bitcoin). The research method used is a quantitative method with comparative descriptive research type using Mann Whitney U test. The results of this study showed that Bitcoin investment has a higher level of risk and return than other currencies. The investment risk level of Bitcoin differs significantly from the investment risk level of Euro, Japanese Yen and GBP currencies. While the return of Bitcoin investments does not differ significantly from the return of investment in Euros, Japanese Yen and GBP