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Study reveals “The Dark Tetrad” of cryptocurrency traders

A study conducted by a team of leading academics and lecturers from Queensland University of Technology revealed that crypto investors often have a set of four negative personality traits known as “the dark tetrad.”

Research involving 566 participants was conducted by Di Wang, Senior Lecturer, and Brett Martin, Professor of Marketing at Queensland University of Technology, as well as Jun Yao, Senior Lecturer in Marketing at Macquarie University.

Each was asked a set of questions regarding their attitudes toward cryptocurrency investment. According to the results, it is these negative personality traits that typically push people toward cryptocurrencies in general.

According to the study, Machiavellians, for example, “tend to believe strongly in government conspiracies.” Narcissists are overconfident and are more likely to invest in cryptocurrency. They may also see themselves enjoying a wealthy lifestyle in the future with greater ease.

The study concludes that these negative personality traits do not have to be present in everyone. However, if you own cryptocurrency, you may fulfil one or more of these descriptions.

What is the Dark Tetrad?

A tetrad is just a group of four. The “dark triad” of personality characteristics, which includes narcissism, Machiavellianism, and psychopathy, is more well-known in the psychological world.

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Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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