Investments in gold or cryptocurrencies? Safe haven during the Covid-19 pandemic

• Autorzy: Przyłuska-Schmitt Judyta , Jegorow Dorota , Bučková Jaroslava

Identyfikatory

DOI

10.29119/1641-3466.2022.158.31

• Języki publikacji: EN

Abstrakty

EN

Purpose: The aim of the article is a comparative analysis of selected cryptocurrencies and gold in the context of the SARS-CoV-2 coronavirus pandemic. Design/methodology/approach: The study covered the stock exchange of Gold and the four largest cryptocurrencies in terms of market capitalization: Bitcoin, Ethereum, Binance Coin, and Cardano. The data for the analysis for the period 2020-2021 was taken from the internet platform www.coinmarketcap.com, where all cryptocurrencies are published in daily intervals, and from the Investing website www.investing.com for Gold. The analysis of data in the form of time series was carried out, based on the assumption that successive values in the data set represent successive measurements made at equal time intervals. Findings: Our findings prove that the studied cryptocurrencies proved to be resistant to economic fluctuations related to the pandemic crisis. Originality/value: We present original scientific research that provides useful information in a practical dimension for investors interested in the cryptocurrency market and safe assets, and anyone interested in the specificity of the problem at hand.

Słowa kluczowe

EN

investments; cryptocurrency; gold; safe haven; pandemic COVID-19

PL

inwestycje; kryptowaluta; złoto; bezpieczne inwestycje; pandemia COVID-19

• Wydawca: Wydawnictwo Politechniki Śląskiej
• Czasopismo: Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska
• Rocznik: 2022
• Tom: z. 158
• Strony: 489--500
• Opis fizyczny: Bibliogr. 23 poz.

Twórcy

autor

Przyłuska-Schmitt Judyta

• The John Paul II Catholic University of Lublin, Poland

• https://orcid.org/0000-0002-5320-2410

autor

Jegorow Dorota

• The John Paul II Catholic University of Lublin, Poland

• https://orcid.org/0000-0002-0968-4109

autor

Bučková Jaroslava

• The Catholic University in Ružomberok, Slovakia

• https://orcid.org/0000-0003-3265-3439

Bibliografia

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Uwagi

PL

Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).