Survey Finds 77% Of Russian Investors Prefer Bitcoin To Gold, Forex

Survey Finds 77% Of Russian Investors Prefer Bitcoin To Gold, Forex

A local forex organization's survey found that most Russian investors prefer Bitcoin to gold and forex as an investment.Bitcoin is becoming increasingly popular in Russia, a survey found. The Russian Association of Currency Brokers (AFD), a local self-regulatory organization that focuses on the foreign exchange (forex) market, surveyed Russian investors to gauge their perception of Bitcoin and cryptocurrencies. AFD found that the vast majority of those surveyed said they prefer bitcoin to gold and forex.Nearly 77% of those polled in the survey said Bitcoin and cryptocurrencies are the....


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Survey finds 77% of Russian investors prefer Bitcoin to gold and forex

Russian investors now look at digital financial assets as an investment tool rather than just a “hype product,” AFD head Evgeny Masharov said. Cryptocurrencies like Bitcoin (BTC) are getting increasingly popular with Russian investors, apparently displacing traditional investment products, according to a new survey.Russia’s Association of Forex Dealers (AFD), a local self-regulatory organization focused on the foreign exchange market, polled 502 Russian investors to find out the local investor sentiment regarding cryptocurrencies. Released on Tuesday, the survey was conducted from Aug. 4....

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Report ranks crypto next to gold in popularity with Russian investors

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Fund Managers Increasingly Prefer Bitcoin Over Gold — Say It’s a Better Store...

A growing number of fund managers and institutional investors now prefer bitcoin over gold. They see the cryptocurrency as a better store of value and a better inflation hedge. “I think it’s probably going to be ten times better than gold over a long period of time,” said the founder of one asset management firm. Bitcoin vs Gold: Bitcoin Is a Better Store of Value Fund managers and institutional investors are increasingly opting to invest in bitcoin rather than gold, seeing the cryptocurrency as a better store of value and a preferred hedge against....