Investments in Gold or Cryptocurrencies? Safe Haven During the Covid-19 Pandemic

• Autorzy: Judyta Przyłuska-Schmitt , Dorota Jegorow , Jaroslava Bučková
• 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.(original abstract)

Słowa kluczowe

PL

Inwestycje; Kryptowaluty; Złoto; Raje podatkowe; COVID-19

EN

Investment; Cryptocurrencies; Gold; Tax havens; COVID-19

• Czasopismo: Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska
• Rocznik: 2022
• Numer: z. 158 Modernity of Industry and Sciences = Nowoczesność przemysłu i nauki
• Strony: 489-500

Twórcy

autor

Judyta Przyłuska-Schmitt

• The John Paul II Catholic University of Lublin

autor

Dorota Jegorow

• The John Paul II Catholic University of Lublin

autor

Jaroslava Bučková

• Catholic University in Ružomberok, Slovakia

Bibliografia

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Identyfikatory

DOI

10.29119/1641-3466.2022.158.31