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

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
• Proof-of-Work Coins
• Decision Making
• MCDM

İŞ KANITI COINLER İÇİN ÇOK KRİTERLİ YATIRIM KARARI: IQRBOW TABANLI VIKOR YAKLAŞIMI

Abstract

Bu çalışma, IQRBOW tabanlı Vikor yöntemini kullanarak Proof of Work (PoW) kripto para birimleri için çok kriterli bir yatırım karar verme sürecini incelemektedir. Çalışmanın amacı, Çok Kriterli Karar Verme metodolojileri aracılığıyla oluşturulan yatırım tercihinin performansını değerlendirmektir. Önerilen yöntemle 1 Ekim 2023'ten 1 Ekim 2024'e kadar elde edilen sonuçlar, diğer bazı yatırım tercihleriyle karşılaştırılarak kayda değer iyileştirmeler ortaya konmuştur. Araştırmanın motivasyonu, kripto para piyasasındaki önemli dalgalanmayı yönetme ve en uygun portföy stratejilerini belirleme ihtiyacından kaynaklanmaktadır. IQRBOW yönteminin, kriter ağırlıklandırmada objektif bir bakış açısı sunması ve aynı zamanda kolay uygulanabilirlik avantajı sağlaması, çalışma için tercih edilmesinde önemli bir rol oynamaktadır. Çalışmanın bulguları, IQRBOW tabanlı Vikor yönteminin, özellikle değişken piyasa ortamlarında önemli kazanç potansiyeline sahip daha dengeli yatırım kararı vermede yetkin olduğunu göstermektedir. Bu bulgular, portföy yönetiminde yenilikçi stratejiler formüle etmek isteyen araştırmacılar ve yatırımcılar için değerli bilgiler sunmaktadır.

Keywords

• IQRBOW
• İş Kanıtı Koinler
• Karar Verme
• ÇKKV

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