Monday, March 8, 2021
Only Bitcoin Market News
Advertisement
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
Only Bitcoin Market News
No Result
View All Result

Bitcoin is More Attractive Than Gold and ETFs to Americans: Survey

4 weeks ago
in Gold
3 min read
Bitcoin is More Attractive Than Gold and ETFs to Americans: Survey
Share on FacebookShare on Twitter


Months after Russian survey participants placed bitcoin above gold in terms of attractive investment assets, so have done investors from the United States. BitFlyer’s recent research on the people’s perception of the crypto industry also showed that Japan-based investors have a significantly more negative opinion when compared to US citizens.

Americans Prefer BTC Instead Of Gold and ETFs

Founded in 2014, bitFlyer is among the largest Japan-based cryptocurrency exchanges. The privately-owned company reached out to over 3,000 people based in the US and Japan to review their sentiment towards the digital asset industry and their investment approaches.

The final results, shared with CryptoPotato, showed that US-based participants had placed stocks as their most preferred investment assets (54%). At the same time, the typically regarded as safer options of 401k and certificate of deposits came second with 35%.

Real estate has taken the third spot with 31%. Interestingly, bitcoin and other cryptocurrencies came just behind real estate with 30%. This is a higher spot than mutual funds, such as ETFs and index funds, with 29%, and bonds (22%).

It’s worth noting that digital assets have attracted almost twice as many voters as commodities like gold and silver.

Investment Assets Ranked By US Participants. Source: bitFlyer
Investment Assets Ranked By US Participants. Source: bitFlyer

“Crypto was two times more popular than gold and also the 4th most popular asset, as 30% of Americans believe it will be an attractive investment opportunity. In Japan, crypto was the 5th most popular asset, as people favored other investment vehicles such as mutual funds and FX.” – concluded the paper.

As reported in October 2020, a similar conclusion came from the world’s largest country by landmass. Russian study participants placed cryptocurrencies as their 5th most preferred investment tool, while gold came at 6th place.

US’s Positivity Vs. Japan’s Negativity

The survey also noted that the majority of US and Japan participants had heard of cryptocurrencies. However, there was a significant difference between their sentiment and adoption rates.

For instance, 15% of US-based participants answered that they are currently using various digital assets for purchasing, selling, or simply owning portions. The percentage in Japan was just 4%.

Cryptocurrency Usage US Vs. Japan. Source: bitFlyer
Cryptocurrency Usage US Vs. Japan. Source: bitFlyer

Furthermore, over three-quarters of people who have heard of cryptocurrencies in the US have a positive sentiment, while nearly 80% of Japanese have a negative perception.

“Similarly with investing, the sentiment towards cryptocurrencies is a lot stronger in the US than it is in Japan. 76% of respondents in the US who have heard about cryptocurrencies have a positive perception about cryptocurrencies as an investment, while in Japan it was the complete opposite.”

Crypto Sentiment in Japan and the US. Source: bitFlyer
Crypto Sentiment in Japan and the US. Source: bitFlyer

 

Enjoy reading? Please share:

SPECIAL OFFER (Sponsored)
Binance Futures 50 USDT FREE Voucher: Use this link to register & get…



Read more:Bitcoin is More Attractive Than Gold and ETFs to Americans: Survey

Related articles

Gold, Bitcoin and the Elon effect!

Gold, Bitcoin and the Elon effect!

March 8, 2021
Bitcoin: Mother Of All Bubbles, Or Revolutionary Breakthrough

Bitcoin: Mother Of All Bubbles, Or Revolutionary Breakthrough

March 7, 2021
Tags: AmericansAttractiveBitcoinbitcoin news todayETFsgoldsurvey

Related Posts

Gold, Bitcoin and the Elon effect!

Gold, Bitcoin and the Elon effect!

by Bitcoin Market
March 8, 2021
0

Gold, Bitcoin and the Elon effect! - Jordan Eliseo | Livewire Livewire Markets Read more:Gold, Bitcoin and the...

Bitcoin: Mother Of All Bubbles, Or Revolutionary Breakthrough

Bitcoin: Mother Of All Bubbles, Or Revolutionary Breakthrough

by Bitcoin Market
March 7, 2021
0

If you think America's politics are polarizing, consider Bitcoin. The price of a single Bitcoin today hovers around $50,000....

Suze Orman: Why ‘I love bitcoin’

Suze Orman: Why ‘I love bitcoin’

by Bitcoin Market
March 7, 2021
0

Although many remain wary of the cryptocurrency, bitcoin has garnered a wave of support in recent months – in...

A Bull vs. Bear Debate on Bitcoin | Model Portfolio Channel

A Bull vs. Bear Debate on Bitcoin | Model Portfolio Channel

by Bitcoin Market
March 6, 2021
0

By Jeremy Schwartz, CFA, Global Head of ResearchLast week’s Behind the Markets podcast featured a debate on the merits...

The Best Bitcoin IRA Companies for 2021

The Best Bitcoin IRA Companies for 2021

by Bitcoin Market
March 6, 2021
0

Final Verdict  As more firms allow their clients to add alternative assets like Bitcoin to their IRAs, understanding which...

Load More

Trend Now

  • Trending
  • Comments
  • Latest
Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

June 8, 2020
Argo Blockchain boosts mining margins in July

Argo Blockchain boosts mining margins in July

August 5, 2020
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

May 19, 2020
5 Cryptocurrency Staking Providers – A Review | Hacker Noon

5 Cryptocurrency Staking Providers – A Review | Hacker Noon

January 30, 2021
North America’s first bitcoin ETF launches in Canada today

North America’s first bitcoin ETF launches in Canada today

February 18, 2021
Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

February 18, 2021
The number of BTC held on exchanges crashed 20% in 12 months

The number of BTC held on exchanges crashed 20% in 12 months

0
Bitcoin daily chart alert – Bullish chart pattern develops – May 19

Bitcoin daily chart alert – Bullish chart pattern develops – May 19

0
Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

0
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

0
Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

0
Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

0
The number of BTC held on exchanges crashed 20% in 12 months

The number of BTC held on exchanges crashed 20% in 12 months

March 8, 2021
Down the Bitcoin Funnel: The Tech Firms Driving Investors to Ruin with Fake Celebrity

Down the Bitcoin Funnel: The Tech Firms Driving Investors to Ruin with Fake Celebrity

March 8, 2021
Bitcoin breaks above $51k amid optimism for new highs

Bitcoin breaks above $51k amid optimism for new highs

March 8, 2021
Here’s why Saudi Arabia is no longer worried about shale oil | MoneyWeek

Here’s why Saudi Arabia is no longer worried about shale oil | MoneyWeek

March 8, 2021
Norway-Listed Aker to Put 100% Bitcoin in Treasury Reserves of New Investment Unit

Norway-Listed Aker to Put 100% Bitcoin in Treasury Reserves of New Investment Unit

March 8, 2021
Gold, Bitcoin and the Elon effect!

Gold, Bitcoin and the Elon effect!

March 8, 2021
  • Contact Us
  • Terms of Use
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA

© 2020 MarketForBitcoin.com

No Result
View All Result
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos

© 2020 MarketForBitcoin.com

  • bitcoinBitcoin(BTC)$50,336.00-0.78%
  • bitcoin-cashBitcoin Cash(BCH)$507.64-0.34%
  • binance-coinBinance Coin(BNB)$233.28-2.64%
  • bitcoin-goldBitcoin Gold(BTG)$28.85-1.27%
  • bitcoin-privateBitcoin Private(BTCP)$0.162-46.98%
  • blocktixBlocktix(TIX)$0.0140.00%