Investor Educational Behavior and Market Efficiency: Influencing Factors in Investor Behavior and Decisions in Blockchain Technology

The rapid evolution of technology has profoundly changed financial markets and investor behaviours over the past decades, especially with the advent of blockchain technology, underlying cryptocurrencies such as Bitcoin. As a potential catalyst for efficient markets, this technology has generated a lot of interest. However, it also raises important questions about how investors will react to this disruptive innovation, how it will affect their decision-making, and what the potential consequences may be for the stability and transparency of financial markets. We used a quantitative approach based on a confirmatory survey of seventy own account managers, augmented by principal component analysis (PCA), to address these problems. The findings underscore the significance of education in the blockchain domain by showing substantial connections among investors’ risk appetite, investing objectives, and educational behaviour. Additionally, the adoption of blockchain technology is correlated with past investing experience. In summary, this research provides significant understanding of clean account management in the blockchain era; nonetheless, its conclusions should be evaluated considering the constraints of the data and the applicability of the findings.