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dc.contributor.advisorMolnár, Peter
dc.contributor.authorHåberg, Elena
dc.contributor.authorKlungland, Janne Rasmussen
dc.date.accessioned2019-09-13T08:37:24Z
dc.date.available2019-09-13T08:37:24Z
dc.date.issued2019-06-16
dc.identifier.urihttp://hdl.handle.net/11250/2616729
dc.descriptionMaster's thesis in Economicsnb_NO
dc.description.abstractBitcoin is a decentralized digital currency, invented by Satoshi Nakamoto in the wake of the financial crisis in 2008/09. Since then thousands of cryptocurrencies have been created. We evaluate Bitcoin along with Dash, Litecoin, Dogecoin, Ripple, and for comparison reason, gold. This thesis has two main goals: 1) to study the impact of including cryptocurrency in a standard portfolio and 2) to evaluate which approach is preferred when investing in cryptocurrencies, whether a simple buy-and-hold strategy or a momentum strategy. Our result gives evident proof that the investment percentage of each of the cryptocurrencies should be treated individually. The optimal percentage of investments for the cryptocurrencies/gold are the following: 10% Ripple, 5% Bitcoin, 4% Dash, 1% Litecoin and 0,5% for Dogecoin and gold. Moreover, the results conclude that Dash outperforms all the other investments. In addition, we conclude that the weekly momentum strategy is the most efficient approach when investing in cryptocurrencies.nb_NO
dc.language.isoengnb_NO
dc.publisherUniversity of Stavanger, Norwaynb_NO
dc.relation.ispartofseriesMasteroppgave/UIS-HH/2019;
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.subjectøkonominb_NO
dc.subjectadministrasjonnb_NO
dc.subjectBitcoinnb_NO
dc.subjectRipplenb_NO
dc.subjectDashnb_NO
dc.subjectLitecoinnb_NO
dc.subjectDogecoinnb_NO
dc.subjectvolatilitynb_NO
dc.subjectMomentum strategynb_NO
dc.subjectBuy-and-hold strategynb_NO
dc.subjectcryptocurrencynb_NO
dc.subjectcryptocurrenciesnb_NO
dc.subjectgoldnb_NO
dc.subjectportfolio investmentsnb_NO
dc.subjectgullnb_NO
dc.titleAn evaluation of performance and levels of risk associated with investments in the cryptocurrency marketnb_NO
dc.title.alternativeAn evaluation of performance and levels of risk associated with investments in the cryptocurrency marketnb_NO
dc.typeMaster thesisnb_NO
dc.subject.nsiVDP::Social science: 200::Economics: 210::Business: 213nb_NO


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Navngivelse 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Navngivelse 4.0 Internasjonal