Segmentasi Investor Cryptocurrency Menggunakan Metode K-Means: Studi terhadap Faktor-Faktor yang Mendorong Keputusan Investasi
DOI:
https://doi.org/10.54259/satesi.v5i2.7405Kata Kunci:
Cryptocurrency, Investor Segmentation, Investment Driving Factors, K-Means ClusteringAbstrak
The growth of cryptocurrency investors is very rapid with diverse characteristics and various investment driving factors. This study aims to analyze and form investor segmentation in cryptocurrency based on investment driving factors using the K-Means Clustering algorithm. A quantitative approach was applied through online questionnaires to 300 respondents who are cryptocurrency investors, with 289 valid data meeting the research criteria. The variables studied include four driving factors: Fear of Missing Out (FOMO), social media influence, high profit potential, and interest in the investment world. Data were processed through Min-Max normalization, Principal Component Analysis (PCA), and K-Means clustering using Orange Data Mining. The optimal number of clusters was determined using the Silhouette Score, while cluster validation used K-Nearest Neighbors (KNN). ANOVA and Games-Howell tests confirmed significant differences between clusters. The results identified four clusters: Cluster 1 (Emotional Investors, n=37), Cluster 2 (Ambitious Investors, n=156), Cluster 3 (Rational Investors, n=50), and Cluster 4 (Passive Investors, n=46). Cluster 3 is the most optimal in investment decision-making with a profit rate of 90% and zero loss (0%). These findings confirm that optimal investment decisions are driven by rational analysis and logical consideration without excessive emotional influence.
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Referensi
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Hak Cipta (c) 2025 Arosochi Yosua Daeli, Vicky Darmana, Kevin Bastian Sirait, Triandes Sinaga
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