An overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established. Even among those who have never traded digital assets, most already think of buying crypto in the near future.
Crypto Is the Promising Opportunity for Russian Investors
National currencies are losing attractiveness for investors in Russia, a poll by the country’ Association of Forex Dealers (AFD) has recently found. Only a little over 14% of the respondents said they would put money into fiat while a staggering majority of 76.9% would rather buy cryptocurrencies such as bitcoin. Less than 9% don’t see good perspectives in any currency and have chosen gold.
Over 17% of the participants in the survey transact with digital currencies at least once a month and 35.1% trade crypto even more often than that. Another 24.7% can skip a month and less than a quarter, or 23.1%, have never performed