The rapid rise in popularity of cryptocurrencies over the past few years has attracted the attention of a huge number of investors. Increasingly, we hear that investing in cryptocurrencies is compared to investing in gold as a ‘safe zone’. In fact, cryptocurrencies are contributing to the increase in the value of the portfolio due to profitability. So much so, that many are investing in crypto almost as much as they are in real estate.

However, despite some similarities, it is clear that gold differs from cryptocurrencies both fundamentally and practically. For example, unlike cryptocurrencies, gold is also a consumer good. This means that people do not just invest in it, but use it as well. On the other hand, the development of the regulatory framework may change the price offer of cryptocurrencies. Moreover, the supply and ownership of cryptocurrencies are more concentrated.

Accordingly, Real Research — the online survey application, conducted a survey on investing in gold or crypto. Do you prefer to invest in gold or crypto? Also, what do you think about gold vs crypto? Adding on, which crypto would you like to invest in? Here are the results.


  • 57.68% think that gold is a better investment than cryptocurrency
  • 48.28% believe that cryptocurrency has more market volatility
  • Almost 53% would like to invest in Bitcoin

More Than Half Say Gold Is a Better Investment Than Crypto

To start with, the Real Research app asked respondents, gold vs crypto which is a better investment asset? In response, 57.68% of the respondents prefer gold while 42.32% choose cryptocurrencies. To the next question on which is a better asset to get maximum return on investment, 53.23% say gold while 46.77% say cryptocurrency.

Figure 1: People prefer to invest in gold over crypto

According to 48.28% Cryptocurrency Has More Market Volatility

The market volatility of different assets is a normal phenomenon. To the question of which asset has more market volatility, the answers are as follows. The majority, 51.72% chose gold. Meanwhile, 48.28% of the respondents believe that cryptocurrency has more market volatility.

Figure 2: Which asset has more market volatility

Following up, the survey asks why respondents think gold is more volatile. In reply, 2/3 (71.22%) say gold is an old trend that many don’t like to invest in anymore. Likewise, 6.47% say others are investing in more other assets like real estate and 6.18% say storing gold at home is risky.

Furthermore, 4.68% say gold prices make it a hard option for investment and 3.33% say crypto is more easily accessible. Also, 2.76% think fake gold scams are quite common. Interestingly, there are also those who think that no one wears gold these days (2.50%).

To the question of why respondents think cryptocurrency is more volatile, the responses are as follows. Firstly, 44.14% say cryptocurrency is still new and no one knows its future. Meanwhile, 20.07% think the crypto market cap can be very tricky. Following after, 9.23%, 7.68%, and 6.82%, say world politics are affecting crypto, it’s highly influenced by supply and demand, and every government’s regulations are affecting crypto differently respectively.

Next respondents reveal what type of gold they would invest in if given the opportunity. In order, 47.37% chose gold bars, 22.55% chose gold coins, 7.30% chose jewelry sets, 4.55% chose rings, and 3.85% chose gold artifacts. Lastly, 9.34% are ready to buy anything within their budget.

Bitcoin Is The Most Preferable Cryptocurrency To Invest In

Cryptocurrencies are more popular today than ever. Almost everyone is tempted to buy different crypto assets. In this regard, Real Research asks respondents, which crypto would they like to invest in if they had a chance? Here, 52.63% choose Bitcoin. Following that, 12.12%, 8.21%, 4.92%, 3.54%, and 3.43% want to invest in TNC coin, Ethereum, Stream coin, Shiba Inu, and Cardano respectively.

Figure 3: Bitcoin is the most attractive digital asset to invest in

Lastly, the survey asks respondents if they would consider other options over gold and crypto for investments. On this, 57.09% say they prefer real estate investments while 14.39% say they prefer stock investments. Meanwhile, 8.25% say they like to dabble in a bit of everything. On the contrary, 12.08% say ‘crypto is the best option’ and 7.61% say ‘gold is the best option’.


Survey TitleSurvey on Investing in Gold or Crypto
DurationMarch 21 – March 28, 2022
Number of Participants50,000
DemographicsMales and females, aged 21 to 99
Participating Countries Afghanistan, Algeria, Angola, Argentina, Armenia, Australia, Azerbaijan, Bahrain, Bangladesh, Belarus, Benin, Bolivia, Brazil, Brunei, Bulgaria, Burkina Faso, Cambodia, Cameroon, Canada, Chile, China, China (Hong Kong) China (Macao), China (Taiwan), Colombia, Costa Rica, Croatia, Czech Republic, Ecuador, Egypt, El Salvador, Ethiopia, Finland, France, Gambia, Georgia, Germany, Ghana, Greece, Greanada, Guatemala, Honduras, Hungary, India, Indonesia, Iraq, Ireland, Israel, Italy, Ivory Coast, Japan, Jordan, Kenya, Kuwait, Kyrgyzstan, Latvia, Lebanon, Libya, Lithuania, Malaysia, Maldives, Maluritania, Mexico, Moldova, Mongolia, Morocco, Mozambique, Myanmar [Burma], Namibia, Nepal, Nicaragua, Nigeria, Oman, Pakistan, Palestine, Panama, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Sierra Leone, Singapore, Slovakia, South Africa, South Korea, Spain, Sri Lanka, Tanzania, Thailand, Togo, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Venezuela, Vietnam, Yemen, Zimbabwe.