{"id":9022,"date":"2021-09-01T11:49:19","date_gmt":"2021-09-01T10:49:19","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=9022"},"modified":"2021-09-01T11:49:29","modified_gmt":"2021-09-01T10:49:29","slug":"77-of-russian-investors-prefer-bitcoin-to-gold-and-forex-survey","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/77-of-russian-investors-prefer-bitcoin-to-gold-and-forex-survey\/","title":{"rendered":"77% of Russian investors prefer Bitcoin to gold and forex &#8211; Survey"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">According to a new survey, crypto is becoming <a href=\"https:\/\/coinscreed.com\/staging\/investigation-into-russian-crypto-ponzi-founders-continue.html\" data-type=\"post\" data-id=\"7944\">popular among Russian investors<\/a>, displacing traditional investment products such as gold. They see digital financial assets as an investment tool rather than just a \u201chype product.\u201d  <\/h5>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"880\" height=\"400\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/77-of-Russian-investors-prefer-Bitcoin-to-gold-and-forex-Survey.jpg\" alt=\"77% of Russian investors prefer Bitcoin to gold and forex - Survey\" class=\"wp-image-9023\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/77-of-Russian-investors-prefer-Bitcoin-to-gold-and-forex-Survey.jpg 880w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/77-of-Russian-investors-prefer-Bitcoin-to-gold-and-forex-Survey-300x136.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/77-of-Russian-investors-prefer-Bitcoin-to-gold-and-forex-Survey-768x349.jpg 768w\" sizes=\"(max-width: 880px) 100vw, 880px\" \/><\/figure>\n\n\n\n<p>The Association of Forex Dealers (AFD), a <a href=\"https:\/\/www.google.com\/search?q=77%25+of+Russian+investors+prefer+Bitcoin+to+gold+and+forex+-+Survey&rlz=1C1SQJL_enNG889NG889&oq=77%25+of+Russian+investors+prefer+Bitcoin+to+gold+and+forex+-+Survey&aqs=chrome..69i57j69i60.5860j0j9&sourceid=chrome&ie=UTF-8\" data-type=\"URL\" data-id=\"https:\/\/www.google.com\/search?q=77%25+of+Russian+investors+prefer+Bitcoin+to+gold+and+forex+-+Survey&rlz=1C1SQJL_enNG889NG889&oq=77%25+of+Russian+investors+prefer+Bitcoin+to+gold+and+forex+-+Survey&aqs=chrome..69i57j69i60.5860j0j9&sourceid=chrome&ie=UTF-8\" target=\"_blank\" rel=\"noopener\">local self-regulatory group<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> focused on the foreign exchange market in Russia, polled 502 Russian investors to get a sense of how they feel about cryptocurrencies. The survey, which was performed from August 4 to August 24, 2021, was released on August 31.<\/p>\n\n\n\n<p>Cryptocurrencies like Bitcoin, Ether (ETH), and Litecoin (LTC) are the \u201cmost forward-looking\u201d investment, according to roughly 77 percent of respondents in the study.<\/p>\n\n\n\n<p>Only 8.8% of respondents said gold is the best investment, while 14 percent said \u201cfamiliar national currencies\u201d are the best.<\/p>\n\n\n\n<p>Only 23% of respondents have never used digital currencies, according to the survey. Over 77 percent of those surveyed said they were considering<a href=\"https:\/\/coinscreed.com\/staging\/ftxus-acquires-ledgerx-crypto-derivatives-platform.html\" data-type=\"post\" data-id=\"9008\"> investing in crypto<\/a> in the near future, while only 7.6 percent said they were strongly opposed.<\/p>\n\n\n\n<p>The remaining 15% stated they haven't made up their minds about whether or not to invest in cryptocurrency.<\/p>\n\n\n\n<p>According to AFD CEO Evgeny Masharov, the survey shows that Russian investors now view digital financial assets as an investment rather than a &#8220;hype product.&#8221;<\/p>\n\n\n\n<p>After savings accounts, foreign currencies, real estate, and life insurance, according to a survey conducted by the World Gold Council last year, cryptocurrencies like Bitcoin were the sixth most popular investment vehicle in Russia.<\/p>\n\n\n\n<p>The results of the survey will be sent to the Bank of Russia and the State Duma Committee on<a href=\"https:\/\/coinscreed.com\/staging\/coinbases-head-of-capital-markets-leaves-the-company.html\" data-type=\"post\" data-id=\"7476\"> Financial Markets<\/a>, according to the AFD.<\/p>\n\n\n\n<p>Despite the fact that Russian investors are increasingly placing bets on cryptocurrencies, the country's central bank continues to take a hard line on the subject.<\/p>\n\n\n\n<p>Elvira Nabiullina, the governor of the Bank of Russia, named cryptocurrency one of the riskiest investing tools currently available in June.<\/p>\n\n\n\n<p>While the <a href=\"https:\/\/coinscreed.com\/staging\/russias-nti-is-developing-digital-inheritance-tool.html\" data-type=\"post\" data-id=\"6866\">Russian central bank<\/a> is dubious about private cryptocurrencies, it is now focusing on building the digital ruble, the Bank of Russia's central bank digital currency initiative, which is set to begin trials in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a new survey, crypto is becoming popular among Russian investors, displacing traditional investment products such as gold. They see digital financial assets as an investment tool rather than just a \u201chype product.\u201d The Association of Forex Dealers (AFD), a local self-regulatory group focused on the foreign exchange market in Russia, polled 502 Russian [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":9023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83],"tags":[133,260,367,904,416],"class_list":["post-9022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-forex","tag-gold","tag-investors","tag-russia","tag-survey"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/77-of-Russian-investors-prefer-Bitcoin-to-gold-and-forex-Survey.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/9022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=9022"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/9022\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/9023"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=9022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=9022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=9022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}