By Jamie G - Crypto expert - 04-09-2021
Bitcoin (BTC) has been sweeping the nation in Russia as many residents have started investing in cryptocurrency in recent years. Hitting the news lately is a new survey that's been released regarding Russian's investment preference. The survey asked Russian Investors whether they preferred Bitcoin investing or Gold.
According to the research created by the Russian Association of Currency Brokers (AFD), the data reports that most investors have chosen Bitcoin over the popular commodity. The poll that was conducted involved a total of 502 Russian investors. The results have shown that almost 77% of those who have participated have stated that Bitcoin trading is the most forward-thinking compared to other investments.
The statistics reveal a significant attention difference between the assets, with Gold and FX only attracting 8.8% and 14%. Surprisingly, only 23% have never invested in a digital currency before. The 77% that was for Bitcoin have said they would invest again in the near future, whereas only 7.6% were against the idea of crypto, the remainder were neither or.
The findings have proved that investors view cryptocurrency and other digital financial assets as valid investments, as stated by AFD CEO Evgeny Masharov. The CEO further stated that the evidence shows that investors do not see cryptocurrency as a "hype," as some people may believe. Reportedly, the results will be sent to the Bank of Russia as well as the State Duma Committee on Financial Markets.
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