Cryptocurrency holders more likely to have ‘dark’ personality traits of narcissism, psychopathy: Study

Individuals who had purchased crypto were, on average, more likely to believe conspiracy theories, support extremist groups, and share populist sentiments, says the study

Bloomberg
Published30 Aug 2024, 10:43 PM IST
In 2021, the price of Bitcoin climbed to almost $69,000 before sinking below $16,000 in 2022 and then rocketing back to an all-time peak of almost $74,000 this year.
In 2021, the price of Bitcoin climbed to almost $69,000 before sinking below $16,000 in 2022 and then rocketing back to an all-time peak of almost $74,000 this year.(REUTERS)

In 2021, the price of Bitcoin climbed to almost $69,000 before sinking below $16,000 in 2022 and then rocketing back to an all-time peak of almost $74,000 this year. Over the last few years, the digital asset industry has been whipsawed by everything from leaders getting convicted of fraud to presidential candidate Donald Trump touting a strategic national stockpile of Bitcoin.

The strongest predictors of whether someone owns cryptocurrency include variables such as being male, having a victimhood mindset, or relying on fringe social-media sources for news, the researchers wrote.

To be sure, the sample of participants in the study was relatively limited, and those surveyed were told to report their own characteristics. But its conclusions still resonate.

“Call us whatever you want,” Wheeler said. “We’re leading the way.”

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:30 Aug 2024, 10:43 PM IST
Business NewsMarketsCryptocurrencyCryptocurrency holders more likely to have ‘dark’ personality traits of narcissism, psychopathy: Study

Most Active Stocks

Vedanta share price

472.05
03:59 PM | 17 OCT 2024
-14.75 (-3.03%)

Tata Steel share price

152.35
03:58 PM | 17 OCT 2024
-2.9 (-1.87%)

Bharat Petroleum Corporation share price

342.50
03:55 PM | 17 OCT 2024
-8.35 (-2.38%)

Tata Power share price

450.05
03:41 PM | 17 OCT 2024
-10.3 (-2.24%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

Tech Mahindra share price

1,699.55
03:59 PM | 17 OCT 2024
39.6 (2.39%)

Firstsource Solutions share price

339.20
03:54 PM | 17 OCT 2024
1.9 (0.56%)

Computer Age Management Services share price

4,860.80
03:55 PM | 17 OCT 2024
25.55 (0.53%)

EPL share price

267.80
03:29 PM | 17 OCT 2024
-3.9 (-1.44%)
More from 52 Week High

Oberoi Realty share price

1,905.30
03:29 PM | 17 OCT 2024
-125.7 (-6.19%)

Himadri Speciality Chemical share price

623.10
03:59 PM | 17 OCT 2024
-39.7 (-5.99%)

Piramal Enterprises share price

1,039.00
03:29 PM | 17 OCT 2024
-65.25 (-5.91%)

Havells India share price

1,826.35
03:53 PM | 17 OCT 2024
-113.2 (-5.84%)
More from Top Losers

Mphasis share price

3,080.30
03:59 PM | 17 OCT 2024
169.6 (5.83%)

Karur Vysya Bank share price

214.50
03:29 PM | 17 OCT 2024
10.45 (5.12%)

HEG share price

2,570.80
03:44 PM | 17 OCT 2024
90.65 (3.66%)

National Aluminium Company share price

225.10
03:48 PM | 17 OCT 2024
7.6 (3.49%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    77,915.00510.00
    Chennai
    77,921.00510.00
    Delhi
    78,073.00510.00
    Kolkata
    77,925.00510.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.85/L0.10
    Kolkata
    104.95/L0.00
    New Delhi
    94.72/L0.00

    Popular in Markets

      HomeMarketsPremiumInstant LoanMint Shorts