A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9% said they would invest in cryptocurrencies. Real estate is the next most-preferred after gold, with 27.4% of the respondents saying they would invest.
A recent study by Areda Survey has found that a significant number of Turks — about 42.9% — still consider gold to be the best form of investment. The figure is almost 15 percentage points lower than the number of Turkish individuals that viewed gold as the ideal investment in April 2021.
In terms of the gender of those that said they would invest in gold, the study found that 45.9% of the respondents were women, while men constituted 42.2% of such respondents.
While reports have suggested that Turkey’s economic situation is forcing residents to invest in cryptocurrencies, the Areda Survey findings appear to suggest that few Turks see these as an ideal investment.
As shown in the Hurriyet report, only 1.9% of the respondents said they would invest in cryptocurrencies. This is lower than the 3.1% that said they would invest in deposit accounts, but higher than the 1% that would invest in stocks.
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