Investments: classic instruments of the stock exchange or cryptocurrency

The article is devoted to regular analysis of the advantages and disadvantages of various investment tools, namely investing in classic securities of the world stock market or in cryptocurrencies on different platforms. Note that there is very little research on the chosen topic in the Ukrainian sci...

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Main Authors: N. Grebeniuk, A. Baklanova
Format: Article
Language:English
Published: V.N. Karazin Kharkov National University 2023-12-01
Series:Вісник Харківського національного університету імені В.Н. Каразіна: Серія Економіка
Subjects:
Online Access:https://periodicals.karazin.ua/economy/article/view/22998
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author N. Grebeniuk
A. Baklanova
author_facet N. Grebeniuk
A. Baklanova
author_sort N. Grebeniuk
collection DOAJ
description The article is devoted to regular analysis of the advantages and disadvantages of various investment tools, namely investing in classic securities of the world stock market or in cryptocurrencies on different platforms. Note that there is very little research on the chosen topic in the Ukrainian scientific environment, and the need for them is growing every day, since practical actions must be based on a theoretical basis. Technological progress is constantly accelerating, currently most of the world's money is concentrated in electronic accounts and wallets. The purpose of scientific work is to analyze the risks and opportunities caused by the chosen direction of investment. The issue of centralization of capital investments on stock markets and cryptocurrency exchanges is considered. The history of the creation of centralized stock markets and decentralized crypto-platforms is traced. The article analyzes the dynamics of growth of the total amount of shares on the New York Stock Exchange and the dynamics of growth and decline of the price of one bitcoin in recent years. The article also analyzes the changes in the Ukrainian stock exchange over the past three years and explains how the situation has developed in the world and separately in the country affects investment and the state of the main joint-stock companies of Ukraine. The actions that led to the stabilization of the stock exchange after the full-scale invasion of Russia and COVID-19 are considered. The study compared two major currency exchanges: the US New York Stock Exchange and the Binance cryptocurrency exchange. It is also indicated how the world's largest stock and cryptocurrency markets reacted to the state of war in Ukraine and ways to help fight against the aggressor country. The largest fraudulent cyber-thefts on the world's cryptocurrency exchanges are analyzed and the amounts of lost funds in millions of US dollars and in the same crypto-coins that were stolen are indicated. Unlike cryptocurrency exchanges, the article describes that stock exchanges have not been robbed of millions of dollars. A SWOT analysis of the advantages, disadvantages, threats and opportunities of investing in instruments of classic stock exchanges and crypto-platforms was carried out. Comparing all the above-mentioned aspects, conclusions were drawn regarding the reliability of the respective exchange and the investment of monetary units of the subjects in the appropriate direction.
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spelling doaj.art-60f369d34efa44af803d92672f741d262024-03-20T14:27:20ZengV.N. Karazin Kharkov National UniversityВісник Харківського національного університету імені В.Н. Каразіна: Серія Економіка2311-23792023-12-01105324310.26565/2311-2379-2023-105-0422998Investments: classic instruments of the stock exchange or cryptocurrencyN. Grebeniuk0A. Baklanova1V.N. Karazin Kharkiv National UniversityV.N. Karazin Kharkiv National UniversityThe article is devoted to regular analysis of the advantages and disadvantages of various investment tools, namely investing in classic securities of the world stock market or in cryptocurrencies on different platforms. Note that there is very little research on the chosen topic in the Ukrainian scientific environment, and the need for them is growing every day, since practical actions must be based on a theoretical basis. Technological progress is constantly accelerating, currently most of the world's money is concentrated in electronic accounts and wallets. The purpose of scientific work is to analyze the risks and opportunities caused by the chosen direction of investment. The issue of centralization of capital investments on stock markets and cryptocurrency exchanges is considered. The history of the creation of centralized stock markets and decentralized crypto-platforms is traced. The article analyzes the dynamics of growth of the total amount of shares on the New York Stock Exchange and the dynamics of growth and decline of the price of one bitcoin in recent years. The article also analyzes the changes in the Ukrainian stock exchange over the past three years and explains how the situation has developed in the world and separately in the country affects investment and the state of the main joint-stock companies of Ukraine. The actions that led to the stabilization of the stock exchange after the full-scale invasion of Russia and COVID-19 are considered. The study compared two major currency exchanges: the US New York Stock Exchange and the Binance cryptocurrency exchange. It is also indicated how the world's largest stock and cryptocurrency markets reacted to the state of war in Ukraine and ways to help fight against the aggressor country. The largest fraudulent cyber-thefts on the world's cryptocurrency exchanges are analyzed and the amounts of lost funds in millions of US dollars and in the same crypto-coins that were stolen are indicated. Unlike cryptocurrency exchanges, the article describes that stock exchanges have not been robbed of millions of dollars. A SWOT analysis of the advantages, disadvantages, threats and opportunities of investing in instruments of classic stock exchanges and crypto-platforms was carried out. Comparing all the above-mentioned aspects, conclusions were drawn regarding the reliability of the respective exchange and the investment of monetary units of the subjects in the appropriate direction.https://periodicals.karazin.ua/economy/article/view/22998sharescryptocurrencystock exchangefinancial investing
spellingShingle N. Grebeniuk
A. Baklanova
Investments: classic instruments of the stock exchange or cryptocurrency
Вісник Харківського національного університету імені В.Н. Каразіна: Серія Економіка
shares
cryptocurrency
stock exchange
financial investing
title Investments: classic instruments of the stock exchange or cryptocurrency
title_full Investments: classic instruments of the stock exchange or cryptocurrency
title_fullStr Investments: classic instruments of the stock exchange or cryptocurrency
title_full_unstemmed Investments: classic instruments of the stock exchange or cryptocurrency
title_short Investments: classic instruments of the stock exchange or cryptocurrency
title_sort investments classic instruments of the stock exchange or cryptocurrency
topic shares
cryptocurrency
stock exchange
financial investing
url https://periodicals.karazin.ua/economy/article/view/22998
work_keys_str_mv AT ngrebeniuk investmentsclassicinstrumentsofthestockexchangeorcryptocurrency
AT abaklanova investmentsclassicinstrumentsofthestockexchangeorcryptocurrency