Analysis of Investment Behaviour of Indians towards Cryptocurrency and its Future in India

Abstract

India is one of most growing country for all aspects cryptocurrency is also one of all the aspect The purpose of the study is to give detail knowledge regarding cryptocurrency and its future in India. The study gives information about- meaning of cryptocurrency, how cryptocurrency grew year by year, what is its legal status, market of cryptocurrency, valuation of cryptocurrency in the market. The study was based on primary data collected from 75 respondents through online questionnaire. The qualitative analysis was done for analyzing the investment behavior towards cryptocurrency of Indians

The objective of the study is to find out the future of cryptocurrency in India. As cryptocurrency faced many challenges since it came in the market. Cryptocurrency have a potential to grow in India. Our government has now lifted the ban from crypto and also made policies regarding it. This will give a way to growth of cryptocurrency in our country which will lead to overall growth of our economy.  In conclusion it was found that the near future of cryptocurrency is not bright and that's because the people of India do not like to take more risk and they want a regular income from their investments and not only income but also want their investments to be safe.