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Crypto is a hedge for 46% of Russian retail investors, survey states
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Almost half of retail investors in Russia believe that cryptocurrencies like Bitcoin (BTC) are a hedging asset associated with stable income, according to a new survey.
Financial publication Investing.com has polled 1,000 Russian retail investors to find out the most requested types of alternative investments.
According to a survey of 1,000 Russian retail investors by Investing.com, as many as 46% of respondents viewed cryptocurrencies as a potential defensive asset allowing them to hedge against financial risks at times of an economic crisis.
Russian retail investors favored crypto more than real estate as just 37% of respondents investing in alternative assets considered buying real estate an effective investment instrument.
Real estate was
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