ANALYSIS OF THE IMPLICATIONS FOR CRYPTOCURRENCY TRADING Cover Image

ANALIZA IMPLICAȚIILOR PRIVIND TRANZACȚIONAREA DE CRIPTOMONEDE
ANALYSIS OF THE IMPLICATIONS FOR CRYPTOCURRENCY TRADING

Author(s): Adelin-Nicolae Mateș
Subject(s): National Economy, Business Economy / Management, Methodology and research technology
Published by: Fundatia Institutul de Studii Financiare
Keywords: cryptocurrencies; price indicators; fundamental analysis; technical analysis;

Summary/Abstract: With the development of technology and its imposition in several sectors of activity, the emergence of a new monetary system was inevitable, an innovation of the contemporary economy, represented by the phenomenon of cryptocurrencies or virtual currencies, which is a decentralized form of payment based on the use of cryptography, for securing transactions, which in recent years have benefited from a major interest among investors, becoming increasingly popular as a means of payment and exchange, both nationally and globally. The use of cryptocurrencies, as a means of exchange or as a placement of cash, generates economic benefits for investors, and not only, but also the assumption of a degree of risk, which can be managed by studying indicators of analysis on these instruments. Being a decentralized instrument, we do not have a competent institution to issue them, it is important to know how these cryptocurrencies are viewed in the jurisdiction of the states in which they are traded. Thus, through this article we aim to create an overview of the benefits and risks to which investors are exposed, establishing the main indicators that can be studied on cryptocurrencies, but also identifying how to treat these instruments in the jurisdiction of European states.

  • Issue Year: 2/2022
  • Issue No: 2
  • Page Range: 52-64
  • Page Count: 13
  • Language: Romanian
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