Determinants of Cryptocurrency Investment Among Students at STAI Sulthan Syarif Hasyim Siak

Authors

  • Siti Aisyah Adelina UIN Sultan Syarif Kasim
  • Herlinda
  • Julina
  • Yessy Septrimadona

DOI:

https://doi.org/10.12928/ijiefb.v7i2.10971

Keywords:

Income; Investment Motivation; Investment Knowledge; Investment Interest; Cryptocurrency

Abstract

Introduction: Indonesia which has entered the 4.0 era, has caused rapid technological developments. More clearly about digital currency that is decentralized finance known as cryptocurrency. Currently, the growth of cryptocurrency is very significant because the number of investors is mostly millennials and generation z who are more open-minded with technologi (Liestyowati et al., 2023)

Purpose: This research has a purpose to determine the effect of income, investment motivation and investment knowledge on interest cryptocurrency investment of students at STAI Sulthan Syarif Hasyim Siak.

Methodology: The research method used in this study is a descriptive qualitative with involving 97 respondents from STAI Sulthan Syarif Hasyim Siak, department of Islamic Economics, who were taken by the purposive sampling method. Then the research data was tested using several analysis, namely descriptive statistical tests, outer model tests, inner model tests, and hypothesis testing. Data collection using simple random sampling and the data analysis technique uses structural equation modeling (SEM) with the Smart PLS-4 aplication.

Findings: The findings of this research results showed the income variable had a positive and significant effect on interest in cryptocurrency investment. On the other  hand, the investment motivation variable doesn’t significant effect on interest in cryptocurrency investment, while the investment knowledge variable had a positive and significant effect on interest in cryptocurrency investment.

Paper Type: Research Article

Keywords: Income; Investment Motivation; Investment Knowlodge; Investment Interest; Cryptocurrency

References

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Published

2024-12-31

Issue

Vol. 7 No. 2 (2024)

Section

Articles

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