---
res:
  bibo_abstract:
  - Are cryptocurrency traders driven by a desire to invest in a new asset class to
    diversify their portfolio or are they merely seeking to increase their levels
    of risk? To answer this question, we use individual-level brokerage data and study
    their behavior in stock trading around the time they engage in their first cryptocurrency
    trade. We find that when engaging in cryptocurrency trading investors simultaneously
    increase their risk-seeking behavior in stock trading as they increase their trading
    intensity and use of leverage. The increase in risk-seeking in stocks is particularly
    pronounced when volatility in cryptocurrency returns is low, suggesting that their
    overall behavior is driven by excitement-seeking. @eng
  bibo_authorlist:
  - foaf_Person:
      foaf_givenName: Matthias
      foaf_name: Pelster, Matthias
      foaf_surname: Pelster
      foaf_workInfoHomepage: http://www.librecat.org/personId=67265
    orcid: ' https://orcid.org/0000-0001-5740-2420'
  - foaf_Person:
      foaf_givenName: Bastian
      foaf_name: Breitmayer, Bastian
      foaf_surname: Breitmayer
  - foaf_Person:
      foaf_givenName: Tim
      foaf_name: Hasso, Tim
      foaf_surname: Hasso
  bibo_doi: 10.1016/j.econlet.2019.06.013
  bibo_volume: 182
  dct_date: 2019^xs_gYear
  dct_isPartOf:
  - http://id.crossref.org/issn/0165-1765
  dct_language: eng
  dct_subject:
  - cryptocurrencies
  - bitcoin
  - investor
  - risk-seeking
  dct_title: Are cryptocurrency traders pioneers or just risk-seekers? evidence from
    brokerage accounts@
...