The Psychology of Crypto Investors – Behavioral Drivers in Market Cycles

This research examines how investor psychology, market sentiment, and regional differences shape the global crypto market. Based on 132 structured interviews with market participants in Europe and Asia, the study reveals significant differences in risk perception and market expectations. It identifies the “Boomerang Effect” as a recurring psychological cycle from fear to accumulation and greed, while also highlighting distinct innovation priorities across Asian and European crypto markets.