Are Cryptocurrency and Non-Cryptocurrency Investors Different in Terms of Financial Threats?
Are Cryptocurrency and Non-Cryptocurrency Investors Different in Terms of Financial Threats?

Summary/Abstract: The purpose of this study is to reveal whether cryptocurrency and noncryptocurrency investors are different in terms of financial threats. In order to measure financial threat, 5-Item FTS (Financial Threat Scale) is used. It is found that the Turkish version of a FTS is highly reliable, unidimensional, and a valid instrument for measuring the financial threat. According to the analysis, non-cryptocurrency investors have a more significant financial threat than cryptocurrency investors. Moreover, it is investigated that the working sector difference is not a distinguishing factor for financial threat. It is revealed that financial threat is associated with age, level of education, and monthly income. On the other hand, it is obtained that gender and marital status are not distinguishing factors for financial threat.

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