Which is better to invest: Insurance or Bitcoin Philippines

You’re in your 20’s or 30’s and let’s say you have been working for all these years. You have a high-risk tolerance when it comes to investing. You‘ve finally decided to save money. However, saving money will not make it grow. Of course, we are preparing for the future and we want to be financially comfortable as possible, right? You’re confused how to start and where to entrust your hard-earned money to. Who is the kind of broker you are going to deal with for the long-term? This is your first time to invest.

Meanwhile you’re probably wondering the hype on Dogecoin based on the memes and posts in Facebook news feeds or you’re curious who is this Elon Musk?

Elon Musk is the owner of Tesla. Dogecoin is a cryptocurrency just like Bitcoin. Cryptocurrency is called digital coins or currencies. Bitcoin, Dogecoin and among others are digital currencies.

Investing in cryptocurrency particularly in Dogecoin went viral because Elon Musk tweeted about his support on it and many people went motivated to invest on it.

Why? It’s because Elon Musk is a very wealthy man and successful to trust his words. But in reality Dogecoin has low value compare as to Bitcoin. In reality, it’s a high risk investment and volatile.

On the other hand, you’re probably watching the TV news at night and you see people getting sick, dying, getting into accident or how corrupt is our government. These events are disturbing. Every time you hear these sad stories of poverty and illnesses you are worried that it might happen to you or to your loved ones. And unfortunately, you still do not have the enough savings if that happens.

You can save around 20-30% income each month from your income but you have never started anything. So the multi-million dollar question is: Which is better to invest your money?

Photo credits to Jakarta Post



1.) You can easily learn how to trade. You can watch Youtube tutorials.

2.) You can sell on your own and earn profit. Once you learn about it, you can just make transactions through trading.

3.) High returns. Technology is in high demand and through cryptocurrencies anything is possible.

4.) You can monitor it on your own hands. You can download an app and learn from a broker.


1.) Not regulated by law. Not totally legal. If something happens to your investment, you cannot go after them because you are not protected by any government body.

2.) Highly volatile meaning high risk in investing. Prices can drop quickly.

3.) Cryptocurrencies cannot be used as payment for online purchases, payments

4.) Not secured if ever you get hacked you will never able to retrieve it

5.) Scammers nowadays used the Bitcoin as easy to get rich scheme to collect investments from hardworking Filipinos



1.) Death benefits are received by your beneficiary when you die. Even if you only paid the initial premium, you are already covered with insurance protection.

2.) If you have a huge debt or loan, you can put your creditors name as beneficiary

3.) Life insurance are also mutual funds with potential returns in the long term. Funds are managed by experts. Account value can grow and can be withdrawn.

4.) Insurance is regulated by Philippine Law under Insurance Commission as well as the Financial Advisor or agent you are dealing with. They are licensed.

5.) You can get additional benefits for critical illness, hospitalization and accidents, educational planning from insurance


1.) Increasing premium price as your age also increases

2.) Not everyone can get insurance. In most cases, only those who are healthy are approved with no medical conditions.

3.) Insurance can cover you for a 100 years. Some can only cover you for limited years, up to 50, 60, 80 years depending on the plan you avail. 100 years is the maximum you can be protected.

The choice is yours. Though it is highly advisable to get insured first, have emergency fund before getting into investments. With Insurance, your money gets higher return as compare to the bank. And if you are a breadwinner or income provider of the family, having an insurance can give you a peace of mind. Remember that in investments, the higher the risk, the higher the returns. You just pick your preferred risk. When you, yourself is at risk if you do not get insured as early as now.

To know more about this, kindly contact trusted financial planner and Wealth Portfolio Manager for a free consultation at +63 976 053 9802 to seek financial advice on health, investing, retirement planning.