MULTI-CRITERIA INVESTMENT DECISION MAKING FOR PROOF-OF-WORK COINS: IQRBOW-BASED VIKOR APPROACH

Authors : Ali Erbey

Pages : 117-136

View : 20 | Download : 45

Publication Date : 2024-12-31

Article Type : Research Paper

Abstract :This study examines a multi-criteria investment decision-making process for Proof of Work (PoW) cryptocurrencies using the IQRBOW-based Vikor method. The aim of the study is to evaluate the performance of the investment choice generated through multi-criteria decision-making methodologies. The results obtained with the proposed methodology from October 1, 2023, to October 1, 2024 are compared with some other investment choices, showing significant improvements. The motivation for the research stems from the need to manage the significant volatility in the cryptocurrency market and identify optimal portfolio strategies. The fact that the IQRBOW method offers an objective perspective in criteria weighting and also provides the advantage of easy applicability plays an important role in its choice for the study. The findings of the study show that the IQRBOW-based Vikor method is competent in making more balanced investment decisions with significant earning potential, especially in volatile market environments. These findings provide valuable insights for researchers and investors interested in formulating innovative strategies in portfolio management.
Keywords : IQRBOW, İş Kanıtı Koinler, Karar Verme, ÇKKV