Proceedings of the 1st UPY International Conference on Education and Social Science (UPINCESS 2022)

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The Role of Trust and Awareness with Attitude as Mediation Variables in Behavioral Intentions to Cryptocurrency

Authors
Adhi Prakosa1, *, Ahsan Sumantika1
1Faculty of Business, Universitas PGRI Yogyakarta, Yogyakarta, Indonesia
*Corresponding author. Email: adhi@upy.ac.id
Corresponding Author
Adhi Prakosa
Available Online 15 December 2022.
DOI
10.2991/978-2-494069-39-8_8How to use a DOI?
Keywords
Cryptocurrency; Trust; Awareness; Attitude; Behavioural intention
Abstract

The rapid growth in the number of cryptocurrency investors is a phenomenon that occurs during a pandemic. Investing in the capital market and cryptocurrency sectors has become a new lifestyle among young people in Indonesia. The majority are beginner investors or just joining the investment for the first time. They are chasing high profits from this newborn trading trend. A vast increase in the number of investors emerged in Indonesia. The high gain achieved from trading cryptocurrencies appeals to novice investors. Many young people are starting to invest in cryptocurrencies. The phenomenon is using funds for investment, even from borrowed money or debt. This study tries to develop a model regarding what factors influence behavioral intention to invest in cryptocurrencies. Factors that affect awareness, belief and attitude toward cryptocurrencies are assumed to influence. The study then examines whether attitudes toward cryptocurrencies mediate behavioral intentions to invest. The population in this study is students who know about cryptocurrencies. The sample in this study was 100 students in Yogyakarta. The method used is Structural Equation Modeling (SEM) analysis based on variance, i.e., Partial Least Square (PLS). The attitude variable partially mediates the behavioral intention to invest in cryptocurrencies based on the study results.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 1st UPY International Conference on Education and Social Science (UPINCESS 2022)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
15 December 2022
ISBN
10.2991/978-2-494069-39-8_8
ISSN
2352-5398
DOI
10.2991/978-2-494069-39-8_8How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Adhi Prakosa
AU  - Ahsan Sumantika
PY  - 2022
DA  - 2022/12/15
TI  - The Role of Trust and Awareness with Attitude as Mediation Variables in Behavioral Intentions to Cryptocurrency
BT  - Proceedings of the 1st UPY International Conference on Education and Social Science (UPINCESS 2022)
PB  - Atlantis Press
SP  - 78
EP  - 88
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-39-8_8
DO  - 10.2991/978-2-494069-39-8_8
ID  - Prakosa2022
ER  -