A Study on Perception of Bitcoin and Their Awareness and Impact among investors in Asset Management Company with Reference to Bangalore City
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Abstract
The revolution of financial investment globally has given birth to too many crypto currencies. the first amongst them is Bit coin. Investors and non investors around the world are gathering information about Bit coins. They work on the concept of crypto currency which runs on advanced mathematics and algorithms and strives to make Bit coin secure through digital signature. The current study tells about the awareness of Bit coin and the impact of Bit coin among investors of Asset Management Company. As Asset Management company deals in various investments for their investors. The study also helps to find out if Bit coins are introduced in the portfolios managed by Asset Management Company, the possible impact of their implications on portfolios. The study also analyses the impact of investing in Bit coins on stock markets. The study is carried out by taking a survey of 25 respondents by non probabilistic snowball sampling method in Bangalore city by using structured questionnaire and interview technique. The researcher found out Bitcoin influences the portfolios of investors in Asset Management Companies in Bangalore city.
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