Measurement and Analysis of Digital Currency Risk by Using Quantitative Measures - Applied Study in A Sample of Digital Currencies

Abstract

As a result of the rapid developments in the technical and electronic side in recent decades and to exploit those developments in the service of the financial and economic world emerged crypto currencies, which became one of the most important topics that generated controversy among specialists, especially in terms of risk of those currencies. The main focus of this research is to measure the risk of crypto currencies by various measures to be Part of this controversy. To achieve the research objectives, five of the most important crypto currencies were selected: Bitcoin (BTC), Litecoin (LTC), Ripple (XPL), Ethereum (ETH)( ESO) as a sample for research, and from (1/1/2018) to (15/7/2019) The research reached a set of conclusions and recommendations, the most important of which is "the need to work to find a special quantitative measure and a standard capable of measuring the risk of crypto currencies .