Litcius/Paper detail

Development and Verification of Problematic Cryptocurrency Trading Scale

Nurettin Menteş, İlyas Yolbaş, Mahmut Bulut

2021Psychiatry and Clinical Psychopharmacology12 citationsDOIOpen Access PDF

Abstract

Aim: Cryptocurrency trading is similar to problematic gambling behavior, with its high-risk factors and its methods of use. In this sense, it can become addictive. The aim of this study is to develop a valid and reliable scale to measure Problematic Cryptocurrency Trading among individuals who trade cryptocurrency. Method: ) goodness of fit criteria were used. The Amos 23 software package was used for the data analysis. Results: As a result of the exploratory factor analysis, a two-factor structure was obtained. For the total scores of the scale, Cronbach's alpha reliability value was found to be 0.913, and for the sub-factors, Cronbach's alpha values were found to be 0.897 and 0.866. The factor loadings of items varied between 0.786 and 0.597 for the first sub-factor and between 0.869 and 0.683 for the second sub-factor. The confirmatory factor analysis confirmed the two-factor structure of the scale, and the goodness of fit criteria were found to be at acceptable levels. Conclusion: It was determined that the Problematic Cryptocurrency Trading Scale is a valid and reliable scale.

Topics & Concepts

CryptocurrencyScale (ratio)Computer scienceMeasure (data warehouse)Computer securityEconometricsBusinessEconomicsData miningGeographyCartographyBlockchain Technology Applications and SecurityGambling Behavior and TreatmentsSecurity, Politics, and Digital Transformation