Bitcoin, stocks, gold: Which is worth buying, selling or holding now? UAE experts reveal

Bitcoin, stocks, gold: Which is worth buying, selling or holding now? UAE experts reveal

Dubai: Investors have persistently compared profits that can be earned by buying Bitcoin, gold and stocks, and weigh whether these assets are worth investing in a market that often turns volatile. UAE-based veteran investors shed light on whether or not you should now buy, sell or briefly hold onto these investments, while also evaluating how you can make the most profits when doing so. “While Bitcoin and gold, on average, have given higher profits than stocks in the last five years, gold has beaten Bitcoin and global stocks hands down when it comes to consistency of returns,” said Brody Dunn, a Dubai-based investment manager with over three decades of investing experience. “Regardless, all the three assets are proven widely to be an effective way to store value. One of the most common reasons to invest in either gold, Bitcoin or stocks is that they grow your money during economic uncertainties globally.” While Bitcoin jumped nearly 1,300 per cent in 2017-2018, gold saw returns of around 6-7 per cent. In 2019-2020, 2020-2021, 2021-2022, and in the year so far too, Bitcoin gained significantly more than gold, but it wasn’t as much as it did five years ago. Gold, however, rose 13