Conjuncture Fluctuation Effect from Commodity Supercycle Pattern

Empirical Case Between Velocity and Risk Factor on Return Cryptocurrency in Indonesia

DOI

10.2991/aebmr.k.211226.031How to use a DOI?

Keywords

Return Cryptocurrency; Velocity of Cryptocurrency; Coal Price; Commodity Supercycle

Abstract

This research type is quantitative version with population, particularly 5 cash of cryptocurremcies with the largest market caps in Indonesia, specifically Bitcoin, Ethereum, Ripple, Bitcoin cash, Litecoin in Indonesia. Varians data in this examine is time series facts taken from January 2017 to December 2020 by using conducting a documentation look at carried out at the ebook of monthly digital assets transaction reports, in order that the target population is 240 (four years x 12 months x five cash) monthly report information sampels. The evaluation approach of records on this take a look at makes use of mild Regression analysis (MRA) model regression and information analysis the usage of e-views statistical software. Cryptocurrency is an funding commodity which could generate returns and already has a license to be traded in trade trading through the Indonesian Commodity Futures trading Regulatory organisation. This studies is added a brand new idea of motion crypto asset that we called it pace. on this second we use velocity Token approach that adapted from the monetary Equation of change via economists known as the quantity principle of money, and its model might be large motion with the aid of token costs. in line with this approach, low speed method that crypto assets last longer within the pockets, that means that traders who to begin with attempted to invest on asset purchases speedy are actually turning to holders, or individuals who keep crypto for the long time. Many quite a variety of crypto virtual belongings traded in Indonesia through the trading corporation Indodax. The effects of records analysis within the examine show that coal price efeect has a advantageous however no longer good sized on virtual assets returns in order that it could be justified as a effective hazard evaluation model. pace of cryptocurrency does not moderate the have an impact on of coal rate on digital belongings returns.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Isfenti Sadalia
AU  - Nisrul Irawati
AU  - Rico Nur Ilham
AU  - Abdul Nasser Hasibuan
AU  - Mangasi Sinurat
AU  - Saharuddin
PY  - 2021
DA  - 2021/12/31
TI  - Conjuncture Fluctuation Effect from Commodity Supercycle Pattern
BT  - Proceedings of the 3rd International Conference on Business and Management of Technology (ICONBMT 2021)
PB  - Atlantis Press
SP  - 233
EP  - 243
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211226.031
DO  - 10.2991/aebmr.k.211226.031
ID  - Sadalia2021
ER  -