Bitcoin is more popular investment than gold in the United States

The most popular cryptocurrency on the market, Bitcoin (BTC), is also becoming one of the most popular forms of investment in the United States.
 According to a recent survey, Bitcoin has outgrown gold, which is traditionally seen as a safe haven.  Now, crypto has become the fourth most popular type of investment among Americans for 2021.


 The data is the result of a survey conducted by the cryptocurrency exchange BitFlyer.

Bitcoin is 4th most popular asset in the USA

As the report shows, about 30% of respondents chose cryptocurrencies among other options to invest this year.
Thus, Bitcoin is only behind stocks (54%);  401k (employer-sponsored retirement plan), certificates of deposit and insurance, which are the second most attractive form (35%);  and, finally, real estate (31%).


 Behind cryptocurrencies come mutual funds (29%), followed by bonds (22%).  Investments in commodities (16%) and foreign exchange (11%) were significantly less popular.
 "Approximately 20% of respondents in the United States are using or have used cryptocurrencies in the past," says an article that summarizes the survey results.
 The survey also found that 76% of Americans surveyed viewed cryptocurrencies positively.
 Apparently, the recent rise in the cryptocurrency market and the financial insecurity caused by the pandemic have increased investor interest in digital currencies.
 The report also showed that 68% of these investors intend to increase their investments in 2021.

 And in Japan?
 The researchers also interviewed Japanese investors. But in this case, enthusiasm for cryptocurrencies is much less than in the United States.
 In Japan, 78% of respondents have a negative perception about this type of investment.
 Furthermore, in the Asian country, cryptocurrencies are the fifth most popular asset for investment in 2021.


 Analyzing the reasons behind the general distrust of cryptocurrencies among the Japanese, the research points to high price volatility.
 “Furthermore, after seeing many incidents, such as hacks and reports from the mass media, many are concerned about the security risks and use of cryptocurrencies.  In Japan, these security concerns were paramount and deeply rooted in people's perceptions, ”said the article.

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